Types of Rates Treasury rates(国债利率)—regarded as risk-free rates LIBOR rates (London Interbank Offer rate)(伦敦银行同业放款利率)-generally higher than Treasury zero rates Repo rates(回购利率)—slightly higher than the Treasury rates

Futures Contracts Available on a wide range of underlyings · Exchange traded · Specifications(规定) need to be defined: -What can be delivered, Where it can be delivered,& When it can be delivered Settled(结算) daily

Assets Underlying Exchange-Traded Options Page 151-2 · Stocks · Foreign Currency · Stock Indices · Futures · Commodities etc

A Simple Binomial Model of Stock Price Movements In a binomial model, the stock price at the BEGINNING of period can lead to only 2 stock prices at the END of that period

Categorization of Stochastic Processes 1 Discrete time; discrete variable 2 Discrete time; continuous variable 3 Continuous time; discrete variable 4 Continuous time; continuous variable Options, Futures, and Other Derivatives,4 4th edition2000 by John.hull Tang Yincai, 2003, Shanghai Normal University

The Question Being Asked in Value at Risk (VaR) \What loss level is such that we are X% confident it will not be exceeded in N business days?\

项目可行性研究的内容 1、投资机会究 2、初步可行性研究 3、详细可行性研究 4、投资决策 5、项目实施 6、项目后评估

 资金的时间价值及等值计算  利息与利息率  资金等值计算

项目可行性研究的内容 1、投资机会究 2、初步可行性研究 3、详细可行性研究 4、投资决策 5、项目实施 6、项目后评估

西安建筑科技大学：《工程经济与管理》PPT课件_第二章 现金流量构成与资金等值计算