无风险的

According to the model, an asset's or stock's return equals risk-free return plus risk premium.

即资产或股票的收益等于无风险收益加风险溢价。

What's more the relations between different asset are classified to three groups which are the fundamental-derivative relation、the cross sectional relation and the comprehensive relation, on basis of which the asset pricing anomalies are classified individually to different groups.(2)The price model of the capital asset is constructed trailing the path of the asset value's incrementing and transferring. And then a three–factor model is established which can be utilized by the empirical researches. Concretely, under the capital chain, we conclude the relation between the stocks and the corporate assets is a fundamental-derivative one and the research object is the capital asset under the capital chain.

具体而言，本文在资产链的角度下分析股票和公司资产之间的"基础—衍生"关系，明确了本文的研究对象为资产链下的资本资产；建立了公司资产的价值，将公司资产和其基础资产公司的财产联系了起来，构造了资产链上第一个节点——公司资产的价值；将公司资产和资本资产进行了关联，在考虑公司资产变为资本资产的流动性增值后，建立了资本资产的价格模型；在前文资本资产价格模型的基础上进行了收益分解，基于此引入了具有长中短不同决策周期的三类投资者，在存在无风险资产和不存在无风险资产两种情况下分别建立了可用于实证的三因素模型。

Every country has its stock market, this research used information from stock market to measure sovereign risk of zero external debt country, and used option pricing model to analyze sovereign risk.

世界各国都拥有股票市场，本研究以一国股票市场的资讯来衡量无外债的国家的主权风险，并且以选择权评价模型来分析主权风险。

Under no risk,the corruption must take place on a large scale,but under risk,the potentate will decide whether he'll take corruption or not according to his evaluation to the profit from it.

在无风险条件下，腐败必然大规模发生，而在风险条件下，执权者决定腐败与否取决于他对腐败纯收益的评估。

This approach is simple, risk-free, and costs nothing.

这种做法是简单、无风险、无任何成本的。

But, the incompletement of trade regulations and lack of market supervision had also led to frequent disagreements between tourists and touristic firms. And the rights of both of them could not be guaranteed in point of fact.

这在旅游行业则表现为，作为一个承担巨大责任风险的行业，却缺乏风险管理意识，并且没有建立起一个较为完善的保险制度来转嫁风险；作为一个规模庞大的群体旅游者，有80％的人在旅游过程中基本处于"无保"状态。

Credit risk premium is the differences between the yields of corporate bonds with credit risk and Treasury bill relatively with no credit risk.

信用风险溢价是指具有信用风险的企业债券的收益与相对无信用风险的国债的收益之间的差异。

Assuming that investors pursue the maximal appetite. We emphasize, the carriers of value are relative changes in wealth, neigher changes nor absolute levels or final outcomes. And there are two securities traded one of which is riskless and the other is risky.

假设投资者追求欲望最大化，投资者从最终财富的相对变化中获得欲望，而不是依赖于其变化，或者仅仅依赖于最终财富本身，而且假设市场上只有两种证券：一种是无风险债券；一种是有风险之下的股票。

In financial analysis, riskier projects and investments must be evaluated differently from their riskless counterparts.

在财务分析中，风险较高的项目及投资必须与无风险投资分开评估。

Remember that it is the sum of the risk-free interest rate rf and a premium for risk.

记住它是无风险利率 rf 与风险溢价的合计。

They weren't aggressive, but I yelled and threw a rock in their direction to get them off the trail and away from me, just in case.

他们没有侵略性，但我大喊，并在他们的方向扔石头让他们过的线索，远离我，以防万一。

In slot 2 in your bag put wrapping paper, quantity does not matter in this case.

在你的书包里槽2把包装纸、数量无关紧要。