forward option 中文意思是什麼
forward option
解釋
期貨期權-
This dissertation can be divided into three parts as following : focusing on institutional risk control, this dissertation demonstrated the effect of institutional risk on dis " objects by analyzing the relationship between deposit insurance and financial development, financial stability and market discipline, in light of foreign or native primary theory and empirical results of dis. in virtue of statistical method and with the theory of game, this dissertation explored the cause the institutional risk such as moral risk and adverse selection, on the basis of which discussed the approach of controlling institutional risk and proper deposit insurance pattern. because deposit insurance assessment is the core of institutional risk control, this dissertation introduced and discussed deeply the passive casualty - insurance model, the option - pricing model, the game - theory - based pricing model, and reasonable pricing interval, and put forward the hierarchical pricing strategy of dis on the balance of information confiscatory and risk - based - assessment necessity
本文以存款保險制度風險控制為中心，在借鑒國內外關于存款保險制度的基本理論和實證的基礎上，通過分析存款保險與金融發展、金融穩定和市場懲戒等方面的關系，論證了存款保險制度風險對存款保險制度目標的影響；並藉助統計學的方法，運用信息博弈論的觀點，從主要制度參與者? ?投保機構和存款保險機構? ?的效用函數出發，對存款保險所引發的道德風險和逆向選擇等制度風險的成因進行深入的剖析，探討有效控制制度風險的途徑和制度參數的安排模式；由於存款保險定價是制度風險管理的核心問題，本文還專門對意外存款保險消極模型、存款保險的期權定價模型、基於信息經濟學的存款保險定價模型以及合理定價區間等定價模式進行深入分析和詳細評述，闡述各種定價思路的局限性和可能運用的空間，通過權衡信息的充分性和風險定價的必要性，提出存款保險制度的層次性定價策略。 -
The key tasks of this paper mainly include : ( 1 ) puting forward the emphases and difficulties of enterprise m & a decision, and holding that decision - makers should make decision according to the principle of value creation ; ( 2 ) setting up estimation model of value creation in m & a, including synergy effect model, m & a transaction and evaluation model, m & a net income model, etc. ; ( 3 ) explaining the application of virous valuation method and discussing how to choose proper valuation method in m & a decision ; ( 4 ) studying the valuation of synergy effect after calculating the independet value of both enterprises respectively before m & a and the combined enterprise after m & a by discount cash flow method ; ( 5 ) studying the valuation of the target enterprise ' s expected value, in which general target enterprises are valuated with several kinds of valuation techniques while high - tech target enterprises are valuated by option pricing model
在研究過程中，本文試圖運用價值評估技術，在並購決策中確立一套較為完整的價值分析方法，以使決策者有效的判斷並購能否創造價值，從而作出正確的並購決策。本文的核心工作主要包括： （ 1 ）提出了企業並購決策的重點與難點，認為決策者應根據價值創造原則進行並購決策。 （ 2 ）建立了並購創造價值的估測模型，具體包括協同效應模型、並購交易估價模型和並購凈收益模型。 -
Expressing the character of resume, amend and risk accumulated of householder ' s responsibility system ( hrs ), based on our country investment agriculture ' s character of specific idiosyncratic, long return term and real option, found on the two sides of investment agriculture income and risk, making a system research for our country agriculture investment, bring forward a proposition of carrying out the permanent tenancy of agricultural land
摘要針對我國現行家庭聯產承包責任制所具有的恢復性、改良性和風險累積性制度缺陷，根據農業投資專用性、長回收期和實物期權的特徵，本文從農業的投資收益、投資風險兩個方面，對我國農業投資進行了制度研究，提出了推行農業用地永佃制的構想和建議。 -
Now we ' ve burned our bridges behind us and we have no option but to go forward with the project
現在我們已經破釜沉舟了，除了按前進外，別無選擇。 -
The author puts forward the two - layer system of capital maintenance and stress to discuss the standard operate problem of employee stock ownership plans and executive stock option
對資本保全理論，首次提出了資本兩層次保全理論:對人力資本收入問題，重點探討了員工持股和股票期權的規范運作問題。 -
Three type of option forward contract : interruptible, or callable, forward contract ; its supply - side analogue, puttable contract ; and their combination, bilateral optional electricity forward contract, are reported in chapter 5, these contracts allow market participants to take advantage of flexibility in generation or consumption to obtain a monetary benefit, while simultaneously removing the risk of market price fluctuations. in chapter 6 of this paper, various contracts for difference are discussed. the last part of this paper is conclusion and prospect
論文首先分析比較了電力交易的幾種方式及其適用的環境，闡述了電力期貨的功能和意義；簡要介紹了電力期權和互換的概念與作用；重點研究運用金融衍生工具的理論分析遠期合約、期貨合約、可選擇遠期合約和差價合約等幾種電力合約的規避或降低風險的機理、合約價格或敲定價格的設定及市場參與者對這些工具的響應和運用這些工具的策略。 -
In the light of field features in desertification areas, the data quality and band combination of different bands are assessed, the indicators, principles and methods for data assessment and band option are put forward to, and optional band combination for desertification monitoring is determined primarily. the data pre - treatment model for desertification monitoring is developed after studying the pre - treatment algorithm of restoration and rebuilding of hyperspectral resolution data. the spectral features and variation rules of different objects in experimental areas are understood and analyzed
針對荒漠化地區的地物特徵，對高光譜數據不同波段的數據質量、波段組合進行定性和定量的評價，提出用於數據評價、波段選擇的指標、原則和方法；初步確定一個適用於荒漠化監測的優化波段組合，建立適合於荒漠化監測的數據預處理模式；初步分析、掌握研究區內各類地物的光譜特性及變異規律；針對荒漠化地區特點對多種分類方法進行探討分析；建立荒漠化監測主要評價因子的定量反演模型。 -
All of these lay a foundation for next part of the papers. in the next part, the article defines building as the enterprise incubator, makes an induction of common formation, and minutely analyses the internal factors, which affect design and constructioa according to these, ihe article sums up design content of office region, experiment region and information sustainment - system, then, gives a piece of option on building modeling design and landscape design. in the end, the paper brings forward some design principle and method through analyzing cases
論文接著對「企業孵化器建築」進行界定，歸納其常見形態，詳細分析了影響「企業孵化器建築」設計和建設的內在原因，對常見「企業孵化器建築」的研發辦公區、中試實驗區以及信息支持系統的設計內容進行分析和初步總結，對其建築造型和環境景觀設計提出了看法，並結合部分實例以便讀者形成直觀印象，最後提出了設計「企業孵化器建築」的原則和途徑。 -
Through applying the three methods of term structure estimation to the construction of zero - yield curve and to the pricing of zero - bond, zero - bond option, coup bond, interest rate swap, interest rate swap option, interest rate cap, interest rate floor, forward rate agreement. comparing the calculation errors of the three methods of term structure estimation
通過將這三種期限結構估測方法應用於零息收益曲線構造，應用於零息國債及其期權、附息債券、利率互換、利率互換期權、遠期利率協議、利率上限、利率下限等利率衍生產品價格的估測，並比較所估測結果的誤差，得出的結論是：三種期限結構估測方法會導致在計算不同利率衍生產品價格時產生差異。 -
But when these methods are applied to evaluation of interest rate swap option, interest rate cap, interest rate floor, forward rate agreement, both the cubic interpolation and the spline interpolation are superior to the linear interpolation, but the cubic interpolation and the spline interpolation are almost same
當三種期限結構估測方法應用於利率互換期權、利率上限期權、利率下限期權、遠期利率定價時，立方插值法和三次樣條插值法盡管都優于線性插值法，但是它們之間卻沒有優劣之分。 -
Secondly, the article also defines product brand, price and market position. in option to the specific development strategies, according to swot match matrix principle and combined with current superiority / inferiority and opportunity / threaten existing in outer environment, this chapter puts forward and specifies the necessary concrete sub - strategies which enterprise must proceed, including in time followed product development strategy, competitive cost of market competition strategy, small batch and multi - variety production strategy, and the suitable sales strategy conformed to the distinguished market position theory. at last, this chapter uses a large length to provide a detailed introduction of specific measure when the company implements various development strategies
同時也明確了與企業具體發展戰略緊密相關的品牌、產品、價格、市場等定位問題；在具體發展戰略選擇時，本章根據swot匹配矩陣原理，並結合企業目前的優劣勢和外部環境所存在的機會和威脅，提出並具體說明企業必須採取無錫華順食品公司發展戰略初探的各項具體分戰略，包括及時跟進的產品開發戰略、成本領先的市場競爭戰略、小批量多品種的生產戰略以及與差別市場定位理論相對應的適應性營銷戰略；最後本文還以大量篇幅詳細介紹了企業實施各種發展戰略時的具體措施。 -
This dissertation makes designation and research on the executive incentive pay schemes from a new point. the dissertation, firstly, presents us with the economic implication of eva, the calculation of eva and accounting adjustment ; then deeply analyzes the key techniques and advantages of the application of the executive incentive pay schemes based on eva, such as the eva incentive mechanism, the analysis of value drive factors and performance pyramid model, bsc performance evaluation and integrated performance evaluation systems based on eva ; thirdly, designs the executive incentive pay schemes based on eva which conform to our national reality and are feasible in the light of the main problems of the executive incentive pay schemes such as executive bonus scheme and executive phantom stock option plan ; finally, puts forward the macro and micro environmental requires and suggestions and the prospect of application of the executive incentive pay schemes based on eva
本文在介紹了eva的經濟涵義、 eva指標的計算及其會計調整基礎上，通過實例進行了演示；深入分析了將eva運用於經營者激勵報酬計劃的關鍵技術及其優點，如eva激勵機制、 eva價值動因分析與業績金字塔模型、 bsc業績評價、基於eva的經營者綜合業績評價體系等；針對目前我國經營者激勵性報酬計劃存在的主要問題，設計了符合我國現實情況、切實可行的基於eva的經營者激勵報酬計劃，該計劃主要由兩個部分組成：作為遞延報酬計劃的經營者紅利計劃和作為長期報酬計劃的經營者虛擬股票期權；在對實際案例分析的基礎上，提出了基於eva經營者激勵報酬計劃在我國運行的宏、微觀環境要求及建議和運用展望。 -
In the third part ( chapter 5, 6 ) is the analysis of the equilibrium of interest rate, exchange rate, foreign exchange option and forward exchange option
第三部分（第五章、第六章）分析了利率、匯率與貨幣期權、遠期匯率的均衡關系。 -
The innovation of this text is bring forward the manager synthesizes achievement and appraises model, basis on this model, the manager ' s income from stock option depend on the increase of company value rather than the market factor. it is undoubtedly more rational than the traditional means of payment that only considers stock market price. it makes the interests of the manager and company owner reach unanimity, thus get better encouragement effect
文本的創新點在於提出了經理綜合業績評價模型，基於這一模型，經理人的股票期權收入在很大程度上不受市場因素的干擾，而是從公司價值是否增加的角度來判斷該股票期權是否有價值，這無疑比傳統的只考慮股票市場價格的到期支付方式更為合理，使經理人與公司所有者的利益更加趨於一致，從而得到更好的激勵效果。 -
The improved option is put forward with adjusting air - supply velocity and change its angle
在此基礎上，進一步提出了調整送風速度，改變送風角度的改進方案。 -
Study work mainly is : part one, look back and look ahead the financial development history and present situation that derives market and the futuristic tendency, summarize domestic and international theory and method about venture capital investment, discuss establishment and develop the financial necessariness and important meaning of our country that derives market ; part two, establishthe relation between investment risk and the radom expectation effectiveness of investor ? verage stochastic dominance of asset profit ; part three, covari - ance matrix in mean - variance model is analysed with sensitivity analysis and fuzzy analysis ; part four, have looked back the concept of option, the price relation of option and black - scholes option price formula, have put forward option price formula of the discounted value of option present value ; part five, have looked back the financial concept and its classfication that financial derivatives risk, have summarized financial risk management theory, measured and assessed methods of financial derivatives risk
主要研究工作為：第一章，回顧和展望金融衍生市場的發展歷史、現狀和未來，綜述國內外關于風險投資的理論與方法，論述建立和發展我國金融衍生市場的必要性及重要意義；第二章，建立投資者的隨機期望效用與投資風險之間的關系? ?平均隨機占優；第三章，均值方差模型協方差矩陣的靈敏度分析與模糊分析；第四章，回顧了期權的概念、期權的價格關系和black - scholes期權定價公式，提出了歐式看漲期權價格的折現值所滿足的微分方程；第五章，回顧了金融衍生品風險的概念及其分類，總結了金融衍生品的風險管理理論和金融衍生品風險計量和評估方法。 -
The first part of this text recommends and explain the intension of the system of executive stock option with its key element, characteristic, current development, positive and negative effects, etc. which offering basic support for following analysis ; the second part, described the behavior of stock price and black - scholes option pricing model from the angle of quantitative analysis, and discuss the value factor of stock option with its encouragement, analyzed the change of every factor in black - scholes option pricing model impact on option worth ; then analyzed the leverage effects and manager ' s morals risk model of executive stock option, at last, considering the main defect existing in the system of executive stock option at present, that is : it depends on stock market unduly, and the stock option incomes of manager has no relationship with manager ' s achievement. this text bring forward the manager synthesizes achievement and appraises model
本文的第一部分全面介紹和闡述了經理股票期權制度的內涵，構成要素，特點，發展情況和正負效應等，為後面的分析提供了基本支持；第二部分，從定量分析的角度出發描述了股票價格行為和black - scholes期權定價模型，並以此為理論基礎探討了股票期權的價值因素和激勵性，分析了black - scholes期權定價模型中各因素的變化對期權價值的影響；接著分析了經理股票期權的杠桿效應和經理人道德風險模型，最後，針對當前經理股票期權制度存在的主要缺陷即：過度依賴股票市場，經理的股票期權收入與公司的業績缺乏相關性這一問題提出了經理綜合業績評價模型。 -
Put forward the option of applying different methods of project finance according the different project factors. at last, discuss the role and function of government in city infrastructure project finance. through a case analysis, disclose the problem exist in process of infrastructure project finance, discuss the reason and on the base of the previous discussion put forward some practical proposals arranging from project finance 、 the choice for the financing mode 、 construction management and etc
最後藉助對廣州新光快速路項目的案例分析，揭示了我國基礎設施項目融資實施過程中普遍存在的問題，分析了其產生的原因及根源，並且結合案例所反映出來的問題，在基礎設施項目的融資渠道、項目融資方式選擇、項目建設的管理、監管等幾個方面，提出了政府推進基礎設施項目融資的可行性建議。 -
Therefore, the thesis putts forward a preliminary modifying air conditioning design option, which can improve the whole comfort character of guest rooms, by selecting fan - coils units rationally, adjusting air - supply angle and decrease air - supply velocity
為此，本文提出了合理選擇風機盤管、調整送風角度、減小送風風速，提高客房整體舒適度的空調設計初步改進方案。 -
Measurable calculations of this convertible bond ' s forward option by black scholes model show that its actual value surpasses its nominal value. so we can draw the same conclusion by both qualitative analysis and measurable calculation that this convertible bond has great investment value really
運用布萊克-斯科爾斯模型對陽光轉債的期權價值的定量計算得出，陽光轉債的實際價值高於其票面價值，所以，無論是從定性分析還是定量計算都能得出同一結論：陽光轉債確實具有較大的投資價值。
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