option bond 中文意思是什麼

option bond 解釋
可提前償還的債券
  • option : n 選擇，取捨，選擇權，選擇自由；可選擇的東西；【商業】（在契約有效期可附加一定貼水的）選擇買賣的...
  • bond : n 1 結合（物），結合力，黏合（劑），聯結。2 束縛，羈絆； 〈pl 〉 拘束；鐐，銬。3 契約，契約義務，...
  1. In this deputy - client relationship the form is the deputy of the human resources. so we can tell that there are real option bond between the form and the human resources. human resources ’ real option is a special choice rights

    特別是高技術企業中研發人員大量的「外包」現象的出現，針對這一現象論文創造性的提出了智力勞動為主的人力資源開發在價值生產中具有實物期權性質的理論。
  2. Convertible bond is a convertible financing tool between bond and stock, convertible bond concurrently have features of bond, stock and option. its issue - clauses include interest rate, convertible ratio and convertible price, convertible date, call provision, put provision, strike - price - adjusted provision etc, convertible bond can reduce corporate financing cost and improve capital structure, investor can share corporate performance and income of convert bond

    可轉換債券是一種介於債券和股票之間的可轉換融資工具，可轉換債券兼具了債券、股票和期權的特徵。可轉換債券發行條款包括票面利率、轉換比率和轉換價格、轉換期、贖回條款、回售條款、向下修正條款及強制轉股條款等等；發行可轉換債券降低了公司融資成本和改善債務結構，投資者可以分享發行人業績增長和股票價格的上漲帶來的轉股收益。
  3. 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。
  4. This paper reaches a conclusion that the three methods of term structure estimation lead to the difference of the pricing of irdp and that the cubic interpolation is the best method when these methods are applied to construction of zero - yield curve and evaluation of coup bond, zero - bond option and interest rate swap

    立方插值法在零息收益曲線的構造時以及在對附息債券、債券期權、利率互換定價時優於三次樣條插值法和線性插值法，是三種插值方法中最好的方法。
  5. A convertible bond is normally composed of a bond, a stock call option, a call, a takeover clause and a put, ect

    可轉換債券的組成包括債券、股票看漲期權、贖回條款、接管條款和其他例如強制回售等條款。
  6. The convertible bond is a derivative securities on the basis of stock and bond. the determination of its price is complicated and difficult because < wp = 7 > of its specific clause stipulation. for example it can be resold can be redeemed within term of validity, and possess the characteristics of multiple option ahead of time etc. actually it was comparatively difficult to price option, so it is almost impossible to fix the price accurately for the convertible bond which includes the multiple option

    可轉換債券是在股票與債券基礎上的衍生證券，它的價格決定更為復雜且難以具體確定，之所以如此，都緣于其特定的條款規定上，比如在有效期內可以< wp = 3 >贖回、可以回售、可以提前實現轉換等具有多重的期權特徵，本來期權定價就較為困難，而可轉換債券又包含多重期權，事實證明給可轉換債券精確定價幾乎是不可能的事。
  7. Issuance of bonds can provide greater flexibility in management of government s liquidity, help promote development of our bond market and provide an option to investors

    發債可以增加政府運用資金的靈活性促進本港債券市場發展和為投資者提供選擇
  8. The convertible bond is such a kind of bond by which you can buy publishers " long option of common stocks, which is also a sort of hybrid derivatives between common bonds and common stocks

    可轉換債券是一種帶有可購買發行人之普通股票的買入期權的公司債券，是介於普通債券與普通股票之間的一種混合型金融衍生產品。
  9. It calculates the value of option through the invest value of convertible, based on which it calculates the original conversion price of convertible bond. in chapter four, the author explains this procession with the case of an gang convertible bond

    第四章則運用鞍鋼轉債的具體案例進一步說明了運用b - s模型確定可轉換債券初始轉換價格的理論設想，並對這一模型進行了一些實證分析。
  10. In b - s model, original conversion price has been known ; moreover, it is an important parameter in calculating the value of the option that the convertible bond involves. however, in this paper, every thing proceeds in reverse

    在b - s定價模型中，初始轉換價格是推算可轉換債券中股票買權的價值的重要參數，本文反其道而行之，通過可轉換債券的投資價值（發行價格）推出股票買權的價值，並進而推算出可轉換債券的初始轉換價格呢。
  11. Chapter two analyses the problems that fixes the convertible bond price in our country. many listed companies generally use european option price at the formula, namely black - scholes model. because of the multiple option nature and the american option nature contained in the transferable bond, black - scholes model ca n ' t be applied mechanically to fix the price of the convertible bond

    第二章分析了可轉換債券定價在我國所存在的問題，即從我國上市公司發行可轉換債券的公告來看，一般都使用歐洲期權定價公式，這是由1973年fischerblack和myronscholes在其《期權和公司負債定價》的著名論文中所建立起的歐式期權定價解析表達式，即black - scholes模型而成。
  12. 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。
  13. Qingdao haier has to strengthen management in order to make the conversion successful. the paper analyzes qingdao haier ' s operation status and financial status in 2001, analyzes its competitiveness and the impact of the change of environment on it, points out the problems existing in its capital structure, forecasts its income and earning before interest and tax in 2002, and compares convertible bond with stock and bond with respect to individual capital cost, overall capital cost, differential cash flow nud earning per share, and draws the conclusion that convertible bond is the best choice for haicr. the paper continues to systematically design convertible bond for haier and evaluate the convertible bond using the option pricing model

    本論文分析了青島海爾有限公司2001年的經營狀況和財務狀況，分析了青島海爾有限公司的競爭優勢以及它所面臨的環境變化的影響，指出了青島海爾有限公司資本結構上存在的問題，然後根據公司的發展戰略及公司2001年的各種財務比率，預測公司2002年的收入及息稅前利潤，並從個別資本成本、綜合資本成本、差異現金流量和每股收益等方面對青島海爾有限公司增發新股融資、可轉換債券融資及企業債券融資三種融資方式進行了全面細致的比較分析，最終得出青島海爾有限公司以可轉換債券融資是最合適的。
  14. Finally, in consideration of volatility of both firm market value and term structure of interest rate ad the correalation between them, the thesis deduced black - scholes double - factors option pricing model. at the same time, the thesis also compared and analyzed the consistency and difference between convertible bond theoretical pricing and practical pricing, it afforded theories analysis and substantial evidence method for publisher design issue - caluses and investor make choice of investment strategy

    最後推導可轉換債券的雙因素期權定價模型，採用matlab6 . 5工程軟體對模型進行模擬計算並進行了實證分析，為發行人發行可轉換債券的條款設計和投資者選擇如何投資可轉換債券提供了理論分析和實證方法。
  15. Specifically speaking, at first it analyses the origin and development in western countries according to the logic of history ; then analyses definition of convertible bond, the generally acknowledged definition of the convertible bond is that it is a bond of a kind of company, and the holder has the right to change it into ordinary stocks within fixed time limit so the convertible bond has double attributes : the convertible bond has the nature of creditor ' s rights the convertible bond has option nature. then the thesis takes shen wanke as an example and explains the clause, then carries on the discussion to the difference between convertible bond of our country and convertible bond of foreign countries

    具體而言，第一部分首先分析了可轉換債券的定義，認為可轉換債券的公認定義是，可轉換債券是一種公司債券，持有人有權在規定的期限內將其轉換為一定數量發行公司的普通股票，因此，可轉換債券具有三重屬性：可轉換債券具有債權性，可轉換債券具有期權性，可轉換債券具有準權益性，或者說準所有權性的混合金融工具；接著分析了可轉換債券在西方的起源與發展；然後以深萬科為例具體對可轉換債券的條款進行了分析與解釋。
  16. As a kind of financial derivative which has both traditional bond property and option property, convertible bonds pricing is a quite complicated problem

    作為一種既具有傳統的債券性質，又具有期權性質以及一些其它條款限制的金融衍生產品，可轉債的定價是一個相當復雜的問題。
  17. The prepayment option, like bond issuers ' options to call some bonds before they mature, saddles the lender with more risk

    抵押貸款的提前還款期權和債券發行人擁有的在債券到期前提前償債的期權一樣，也使貸款人承擔了更多風險。
  18. A part of a market, that relates to a place, an exchange authority, a type of security ( equity / bond / option / future ), and a list of securities with a given set of trading methods

    市場的一部分，它關繫到一個場所，一種交易權利，一個類型的證券（資產，債券，期貨，期權）和一系列的交易手段。
  19. Although there is no real option pricing trading market all across the nation, the application of the theories will enjoy the bright future because many financial tools and businesses embody the idea of the option. the main applications include : the pricing of the company ' s financing tools, including stock, bond, convertible bond and so on ; the calculation of the proportion of liability to stock in case of changing the liability a company owes to a creditor into the stock share ; the evaluation of the value of a loan and analysis of the credit risk of loans in our country from the point of option ; and the evaluation of the effectiveness of executive stock. option and the improvement of the executive stock option

    盡管目前中國還沒有期權交易市場，但由於許多金融工具和金融業務中都包含了期權的思想，期權定價理論在我國仍有廣闊的應用前景，本文對此進行了探索。主要的應用內容有以下四方面：公司融資工具，既包括傳統融資工具股票、債券的定價，也包括新型融資工具可轉換債券和認股權證的定價；債轉股業務中比例的確定，用布萊克-斯科爾斯模型和二項分佈模型兩種方法計算；貸款業務定價，並從期權角度分析我國貸款的信用風險狀況、成因；經理人期權激勵，包括其原理、對其有效性的實證分析，並引進指數期權作為改進方法。
  20. Conclusion because of the complexity of the potential option and the multiplicity of the converting provision, the convertible bond fixed price is quite complex usually, so it is one better method that the statistical analysis method is used

    結論可轉債由於其隱含期權的復雜性，加之轉換條款的多樣性，定價比較復雜，本文從數據出發利用統計分析方法分析其價值不失為一種較好的方法。
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