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第第第 第第第第第第第第第第第第 一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一 一一一一一一一一一一一一一一一一一一一一一一一一一 第第第 第第第第第第 第第第第第第第第第 一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一— —一一一一一一一一一一一一 一一一一一一一一一 一 1 一一一一一一一一一一一一一一一一一一一一一一 一 2 一一一一一一一一一一一一一一一一一一一一一一 一 3 一一一一一一一一一一一一一一一一一一一一一一一一 一 4 一一一一一一一一一一一
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O X O Y L K 第第第第第第第第第第第第 一一一一一一一一一一 X 一 Y 一一一一一一一一一 K 一 L 一一 X 一一一 Y 一一一一一一一一一一一一一一一一 L K 一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一 Q X 一 O Y 一一一一一一 一一一一一一一一一一一一一一一一一一一一一一一一一一 K L O K L O 一一 X 一一 Y
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O X O Y 一一一一一一一一一一一一一一一一一一一一一 Y LK X LK MRTS MRTS = O Y X T’ T 一一一一一一一一一一一一一一一一一一一一一一一一一一一一 一一一一一一一一一一一 r w MRTS MRTS Y LK X LK / = = 一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一 一一一一一一一一一一一一一一 TT’ 一 w/r r w MRTS MP MP r w MRTS MP MP Y LK Y K Y L X LK X K X L / / = = = = 一一一
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一一一一一一一一一一一一一一一一一一一一一一一一一一 MRT XY 一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一一 O Y X T’ T Y X dX dY MRT XY - = 一一一 dX 一一一一一一一 dY 一一一一一一 dY 一一一一一一 MC Y 一一 dX=MC
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This note was uploaded on 11/30/2011 for the course BUSINESS Finance taught by Professor Xiaoyun during the Spring '10 term at Nankai University.

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