这道金融题怎么算?A financial market consists of just two instruments,a stock and a cash bond.The model has 3 time steps,in which over each time step the stock price either increases by $20 or decreases by $10.The initial price of the stock is

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这道金融题怎么算?A financial market consists of just two instruments,a stock and a cash bond.The model has 3 time steps,in which over each time step the stock price either increases by $20 or decreases by $10.The initial price of the stock is

这道金融题怎么算?A financial market consists of just two instruments,a stock and a cash bond.The model has 3 time steps,in which over each time step the stock price either increases by $20 or decreases by $10.The initial price of the stock is
这道金融题怎么算?
A financial market consists of just two instruments,a stock and a cash bond.The model has 3 time steps,in which over each time step the stock price either increases by $20 or decreases by $10.The initial price of the stock is $120.If interest rates are zero,what is the cost of an American put with a maturity at the end of last period and a strike price of $132?What would be the cost of a European put with a maturity at the end of last period and a strike price of $132?Which of these two options is more expensive?Explain why.

这道金融题怎么算?A financial market consists of just two instruments,a stock and a cash bond.The model has 3 time steps,in which over each time step the stock price either increases by $20 or decreases by $10.The initial price of the stock is
either ...or...在这里似乎代表两种情况发生的概率都是50％,否则无法计算.但貌似只能代表二者必有其一,概率不能确定吧?
但对于这道题目,必须用前面的解释.
然后就很简单了.只比前一道题目多了2步而已,无风险收益率是0,不用考虑货币时间价值.
初始股价120,第一期末股价到140和110的概率都是50％,第二期末股价到160的概率是25％、130的概率是50％、100的概率是10％,第三期末股价到180的概率是1/8、到150的概率是3/8、到120的概率是3/8、到90的概率是1/8.
权证到期日都是第三期末.
欧式权证只能在到期日行权,期初价格取决于第三期末的预期收益：3/8*（132-120）+1/8*（132-90）＝39/4.
美式权证可以在任意时间行权,期初价格取决于各时点预期收益最大值,对于该题,需要计算3个时点,即一、二、三期期末.容易算出第一期期末收益最大,为11；第二期期末最小,为9.
所以,美式权证期初价格为11.
美式权证贵.

这道金融题怎么算?A financial market consists of just two instruments,a stock and a cash bond.The model has 3 time steps,in which over each time step the stock price either increases by $20 or decreases by $10.The initial price of the stock is over,在这句话里怎么解释?The President is at the center of a recent scandal over revelation about his financial interests.总统因近来被揭露涉嫌金融权益问题而成为丑闻的主角. 两道金融英文题1.(Dividend adjustment model) Regional Software has made a bundle selling spreadsheetsoftware and has begun paying cash dividends.The firm’s chief financial officer would likethe firm to distribute 25% of its annual earnings (P financial leverage 啥意思?金融方面的, 英语翻译Genworth Financial Inc,a Fortune 500 insurance holding companyGenworth Financial Inc应该怎么读? 做大型跨国公司的财务分析员（Financial Analyst）考什么证书比较适合?如题,另外,想问了一下当FA是做公司金融（Corporate Finance）这块工作的吗? 英语翻译An institution whose services encompass at least 85% of those of a banking institution may apply to be a financial holding company.a financial holding company是金融控股公司.第二个OF不会翻译了. financial gaps怎么翻译 financial怎么读 financial怎么发音 供应链金融（supply chain finance）和财务供应链（financial supply chain 如果能说出国外文献中这两者的区别更好 金融风暴怎么翻译 谁来回答金融英文题~中英文回答皆可~最好有说明~Suppose the spot exchange rate between the U.S.dollar and the British pound is 1.5000,the interest rate on a 3-month U.S.financial instrument is 1.2%,the interest rate on a similar U.K financial .financial financial financial financial