Powerpoint
... There is no reason why a Knuth binary tree should balance. Average performance for random input should not be greatly below balanced performance, but if the tree is made from sorted input, it will degrade to a linked list with access time of O(N) where there are N nodes. Access time for a node withi ...
... There is no reason why a Knuth binary tree should balance. Average performance for random input should not be greatly below balanced performance, but if the tree is made from sorted input, it will degrade to a linked list with access time of O(N) where there are N nodes. Access time for a node withi ...
The Choice of Model Factors Under Multiple Definitions of Risk
... • The past we have lived through is only one path of what could have been an infinite number of alternative paths even if we assume the distribution to be unchanged. – Over short time horizons, the uncertainty of the mean has small influence on outcomes, but over long term horizons of many periods, ...
... • The past we have lived through is only one path of what could have been an infinite number of alternative paths even if we assume the distribution to be unchanged. – Over short time horizons, the uncertainty of the mean has small influence on outcomes, but over long term horizons of many periods, ...
3. The Black-Scholes model
... The risk-free interest rate is 9% per annum with continuously compounding The dividend on the stock index varies throughout the year. In February, May, August and November, dividends are paid at a rate of 5% per annum. In other months, dividends are paid at a rate of 2% per annum. The value of the i ...
... The risk-free interest rate is 9% per annum with continuously compounding The dividend on the stock index varies throughout the year. In February, May, August and November, dividends are paid at a rate of 5% per annum. In other months, dividends are paid at a rate of 2% per annum. The value of the i ...
Trees
... Preorder: visit root node, traverse TL, traverse TR Inorder: traverse TL, visit root node, traverse TR Postorder: traverse TL, traverse TR, visit root node ...
... Preorder: visit root node, traverse TL, traverse TR Inorder: traverse TL, visit root node, traverse TR Postorder: traverse TL, traverse TR, visit root node ...
Homework Assignment 3
... will the entrepreneur choose if they have total control of the funds and are risk neutral? Explain the difference. D. Assume that the entrepreneur own an apartment which you estimate can be resold for $30,000. Before you make the loan, you demand that he puts up this apartment as collateral. If the ...
... will the entrepreneur choose if they have total control of the funds and are risk neutral? Explain the difference. D. Assume that the entrepreneur own an apartment which you estimate can be resold for $30,000. Before you make the loan, you demand that he puts up this apartment as collateral. If the ...
Lecture 4 1 Overview 2 Splay Tree Properties
... Since P is ASS, there must be a point r ∈ P inside the rectangle formed by p and q, as seen in Figure 2. If r is on a side incident on p we are done. Otherwise, consider the rectangle between r and p and repeat the process. We continue this process, until we either find a point that is on a side inc ...
... Since P is ASS, there must be a point r ∈ P inside the rectangle formed by p and q, as seen in Figure 2. If r is on a side incident on p we are done. Otherwise, consider the rectangle between r and p and repeat the process. We continue this process, until we either find a point that is on a side inc ...
pptx - David Lillis
... the left subtree first, before visiting the root node (7). • But: when we recursively visit the left subtree, we must also visit 3’s left child before 3 itself. • The same is true at 1. ...
... the left subtree first, before visiting the root node (7). • But: when we recursively visit the left subtree, we must also visit 3’s left child before 3 itself. • The same is true at 1. ...
Chapter 11 - Imperfect Competition
... with customers to get consumers to judge De Beers diamonds superior to other suppliers. ...
... with customers to get consumers to judge De Beers diamonds superior to other suppliers. ...
Document
... • Deferred Tax Liability - balance sheet account showing future additional income taxes • Deferred Tax Asset - balance sheet account showing the amount by which future income taxes will be reduced ...
... • Deferred Tax Liability - balance sheet account showing future additional income taxes • Deferred Tax Asset - balance sheet account showing the amount by which future income taxes will be reduced ...
Pricing Swing Options and other Electricity Derivatives
... In this thesis we propose and examine in detail a simple mean-reverting process exhibiting price spikes. A distinct feature of electricity markets is the formation of price spikes and are caused by events where the maximum supply is approached by current demand. The occurrence of spikes has far reac ...
... In this thesis we propose and examine in detail a simple mean-reverting process exhibiting price spikes. A distinct feature of electricity markets is the formation of price spikes and are caused by events where the maximum supply is approached by current demand. The occurrence of spikes has far reac ...
An Efficient Local Search Algorithm for the Linear Ordering
... In this paper, we propose an algorithm named TREE for the search through the insert neighborhood. The one-round time of TREE algorithm is O(n + ∆ log ∆), where ∆ is the maximum degree of the graph (denoting by dv the degree of a vertex v, i.e., the number of vertices incident to and from v, ∆ = maxv ...
... In this paper, we propose an algorithm named TREE for the search through the insert neighborhood. The one-round time of TREE algorithm is O(n + ∆ log ∆), where ∆ is the maximum degree of the graph (denoting by dv the degree of a vertex v, i.e., the number of vertices incident to and from v, ∆ = maxv ...
CFI-Letterhead Template
... (ROA) is therefore 6%. Is the return adequate or not? Here is how people tend to answer this question: 1. Business is operating at above breakeven so return is adequate. 2. The return is greater than what can be earned at a CD at the bank, making it a good investment. 3. Making or losing money doesn ...
... (ROA) is therefore 6%. Is the return adequate or not? Here is how people tend to answer this question: 1. Business is operating at above breakeven so return is adequate. 2. The return is greater than what can be earned at a CD at the bank, making it a good investment. 3. Making or losing money doesn ...
Futures Pricing
... • Note that both trades have a cost equal to zero at date t. • Note also that the position at the end is the same (one unit of bond). • Then in the absence of arbitrage opportunities, the value of the two strategies at date t must be equal • From this we obtain ...
... • Note that both trades have a cost equal to zero at date t. • Note also that the position at the end is the same (one unit of bond). • Then in the absence of arbitrage opportunities, the value of the two strategies at date t must be equal • From this we obtain ...
The Optimal Extraction of Exhaustible Resources
... that prices should rise at about the real interest rate independently of demand considerations. If demand considerations cannot play a role, perhaps extraction costs could. Thus far, we have omitted this possibly important factor in our simple version of Hotelling’s theory. Indeed, Hotelling did inc ...
... that prices should rise at about the real interest rate independently of demand considerations. If demand considerations cannot play a role, perhaps extraction costs could. Thus far, we have omitted this possibly important factor in our simple version of Hotelling’s theory. Indeed, Hotelling did inc ...
Lattice model (finance)
For other meanings, see lattice model (disambiguation)In finance, a lattice model [1] is a technique applied to the valuation of derivatives, where, because of path dependence in the payoff, 1) a discretized model is required and 2) Monte Carlo methods fail to account for optimal decisions to terminate the derivative by early exercise. For equity options, a typical example would be pricing an American option, where a decision as to option exercise is required at ""all"" times (any time) before and including maturity. A continuous model, on the other hand, such as Black Scholes, would only allow for the valuation of European options, where exercise is on the option's maturity date. For interest rate derivatives lattices are additionally useful in that they address many of the issues encountered with continuous models, such as pull to par.