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India's commercial paper markets have also opened up after several months of relatively little activity, following the central bank's decision last week to cut interest rates.

印度的商业票据市场经过几个月的相对低迷,在上周央行决定削减利率后,也已重现生机。

In recent years, listed companies violated laws of the incidence of major upgrade every year from abroad Enron energy company's financial counterfeiting, inflated profits and insider trading transitional issues such as incentives to companies in China this company serious forgery, forged through purchase and sales contracts, forged export declarations false VAT invoices, forgery and falsification of tax documents and other means of financial instruments, such as fictitious income of their primary business, these big shocking and heinous.

近年来,上市公司违法乱纪的大案的发案率逐年提升,从国外安然能源公司财务造假,虚增利润,内幕交易过渡激励等问题,到我国银广夏公司严重造假,通过伪造购销合同,伪造出口报关单,虚开增值税专用发票,伪造免税文件和伪造金融票据等手段,虚构主营业务收入等,这些大案触目惊心,令人发指。

Based on modern option pricing theories,Black-Scholes and Merton option pricing model are used to study the pricing of the structured products,and its design,characteristics and risk are studied respectively.Based on Black-Scholes and Merton option pricing models,I also use the checking method to estimate the parameters of the model following real prices data,And calculate the theoretical price.Then,I compare the real and theoretical prices of the two pricing models.The results show that the effects of the Merton option pricing model are superior to the Black-Scholes option pricing model.Moreover,It shows that Hong Kong stock prices are also affected by the instant messages,and the jump phenomenon may exist in Hong Kong stock market.

本文以香港衍生品市场上三种主要结构性产品结构性票据、牛熊证和衍生权证为例,探讨了结构性产品的设计、特点、风险和定价,以现代期权定价理论为基础,以B-S和Merton两种期权定价为基础,根据市场价格经过校验得出模型隐含的参数,编程计算出两种定价模型下的理论价格,并将其实际价格和理论价格进行了比较,结果显示:Merton定价模型的效果要优于Black-scholes定价模型,说明香港市场的股票价格也可能受即时信息的影响,存在跳跃现象。

Network project construction, network monitor system, computer hardware maintenance, computer software, commercial POS several machine maintenance and repair, the LED screen machine maintenance, networking, ADSL VLAN and VPN connections, network cabling system design, network integrated wiring, residential network cabinet design and construction, computer peripheral equipment maintenance, computer data backup and restore, computer hardware upgrades, various kinds of commercial bill printer, intelligent arrangement system, a computer virus clearing installation, EXCEL, WINDOWS server system, WINDOWS server installation and sales system, data server SQL server data to create WEB server FPT data, E-mail, E - the server, AutoCAD drawings.

网络工程策划,网络工程施工,网络监控系统,电脑硬件维护,电脑软件恢复,商用POS几机修复,LED大屏维修,触摸屏机维护,VLAN网络互连,ADSL与VPN系统连接,网络综合布线设计,网络综合机柜配线,住宅网络设计与施工,电脑周边设备维护,电脑数据备份与恢复,电脑各类硬件升级,商用各类票据打印机,智能排列系统安装,电脑病毒清除方案,EXCEL服务器开发,WINDOWS系统恢复,WINDOWS服务器安装,图书销售系统,SQL数据服务器创建,WEB数据服务器开发,FPT数据服务器开发,E—mail服务器开发,AutoCAD图纸设计。

If I tried drawing a draft, the Yankees'd be on me like a duck on a June bug .

如果我开一张票据,北佬们就会像六月的鸭子盯着绿花金鱼一样盯住我的。

I wish it can design a kind of more rational law system to handle these problems and knottiness based on the law value such as embodying order freedom justice efficiency.

在第一章中就伪造背书的构成要件、分类及与相关概念的区别加以介绍,着重对票据背书行为中的无代行权人代行签章是按无权代理抑或伪造背书处理,何者更为可行?

Meanwhile the lady's maid kept hinting that her mistress ought to have confided her necessities to the old miser.

唉!这情况我跟他说过了,"娜娜大声说,"他对我说,他有几大笔到期的票据要付款。

Because he was my friend, I let the invoice slide.

因为他是我的朋友,所以我将费用的票据搁置一旁。

Other liquid assets are commercial bills and Treasury bills issued by the Government.

其他的流动资产有商业票据和政府发行的国库券。

The market for buying and selling long-term loanable funds, in the form of bonds, mortgages and the like.

买卖长期可贷款资金的市场。长期可贷款资金的形式包括债券、抵押债券和类似的票据

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The split between the two groups can hardly be papered over.

这两个团体间的分歧难以掩饰。

This approach not only encourages a greater number of responses, but minimizes the likelihood of stale groupthink.

这种做法不仅鼓励了更多的反应,而且减少跟风的可能性。

The new PS20 solar power tower collected sunlight through mirrors known as "heliostats" to produce steam that is converted into electricity by a turbine in Sanlucar la Mayor, Spain, Wednesday.

聚光:照片上是建在西班牙桑路卡拉马尤城的一座新型PS20塔式太阳能电站。被称为&日光反射装置&的镜子将太阳光反射到主塔,然后用聚集的热量产生蒸汽进而通过涡轮机转化为电力