第十三章 期权的å&r

第十三章 期权的å&r

Info iconThis preview shows pages 1–8. Sign up to view the full content.

View Full Document Right Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: CopyrightZhenlong Zheng2003, Department of Finance, Intrinsic Value (S T-X) S-Xe-r(T-t) , S-D- Xe-r(T-t) , S-Xe-r(T-t) S-D- Xe-r(T-t) CopyrightZhenlong Zheng2003, Department of Finance, X e-r(T-t)-S X e-r(T-t) +D-S X-S X+D- S 0 CopyrightZhenlong Zheng2003, Department of Finance, Time Value S=X e-r(T-t) S-X e-r(T-t) 13.1 CopyrightZhenlong Zheng2003, Department of Finance, CopyrightZhenlong Zheng2003, Department of Finance, CopyrightZhenlong Zheng2003, Department of Finance, 1 13.1 c C S c S C S CopyrightZhenlong Zheng2003, Department of Finance, 2 X P X 13.2 T T X p X...
View Full Document

This note was uploaded on 12/02/2011 for the course BUSINESS Finance taught by Professor Zheng during the Summer '05 term at Xiamen University.

Page1 / 83

第十三章 期权的å&r

This preview shows document pages 1 - 8. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online