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

对外经济贸易大学：金融工程系《金融经济学导论 Introduction to Financial Economics》课程教学资源（教学大纲）

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?\

Three Alternative Strategies · Take position in: -the option and the underlying -2 or more options of the same type This is known as spread -a mixture of calls and puts This is known as a combination

The Nature of Derivatives derivative(衍生产品/工具) is an instrument whose value depends on the values of other more basic underlying(标的/原 生) variables

为使 建筑安装工程的构想科学，设计和施工经济、合理，建 设速度快，误差小，经甲乙双方充分协商，特订立本合同

为什么要做不确定性分析 很多数据是预测、估算出来的,因此具有不确定性, 在项目真正实施时,相关数据是会有差异的。 一产生不确定性的原因 主观资料不足,分析判断有误差,采用的预测或评价方法 的局限性,测、估算的手段、数据采集方式的变化 客观社会、政治、经济、生产技术、市场的变化 导致技术方案的实践不一定与原来预计的相一致,致 使项目方案的经济评价存在一定程度的不确定性,给方案 决策带来一定的风险

第2章资金的时间价值及等值计算 2.1资金的时间价值 2.2资金等值计算