Corporate Yield Spreads: Default Risk or Liquidity? New Evidence
... component in corporate spreads. Credit derivatives are rapidly becoming one of the most successful financial innovations of the past decade. The British Bankers’ Association estimates that from a total notional amount of $180 billion in 1997, the credit derivatives market grew more than tenfold to $ ...
... component in corporate spreads. Credit derivatives are rapidly becoming one of the most successful financial innovations of the past decade. The British Bankers’ Association estimates that from a total notional amount of $180 billion in 1997, the credit derivatives market grew more than tenfold to $ ...
Target price forecasts: Fundamentals and behavioural factor
... given that there is little theoretical basis for a relation between the behavioral factors and future returns. Overall, we view our results as consistent with the nature of a target price, which is not designed to be an accurate estimate of fundamental value but rather is intended to indicate where ...
... given that there is little theoretical basis for a relation between the behavioral factors and future returns. Overall, we view our results as consistent with the nature of a target price, which is not designed to be an accurate estimate of fundamental value but rather is intended to indicate where ...
FASB Accounting Rules and Implications for Natural Gas Purchase
... fair value of an asset or liability is based on the market price of the asset or liability. If no market exists for the relevant asset or liability similar assets or liabilities or possibly an estimated fair value is used.4 A derivative is a financial instrument (or, more simply, an agreement betwee ...
... fair value of an asset or liability is based on the market price of the asset or liability. If no market exists for the relevant asset or liability similar assets or liabilities or possibly an estimated fair value is used.4 A derivative is a financial instrument (or, more simply, an agreement betwee ...
Example of Sparse Index Files
... " Sparse indices – if index stores an entry for each block of the file, no change needs to be made to the index unless a new block is created. In this case, the first search-key value appearing in the new block is inserted into the index. ! Multilevel insertion (as well as deletion) algorithms are s ...
... " Sparse indices – if index stores an entry for each block of the file, no change needs to be made to the index unless a new block is created. In this case, the first search-key value appearing in the new block is inserted into the index. ! Multilevel insertion (as well as deletion) algorithms are s ...
12: Indexing and Hashing
... well as deletion. Records with different search-key values may be mapped to ...
... well as deletion. Records with different search-key values may be mapped to ...
Indexing and Hashing
... well as deletion. ! Records with different search-key values may be mapped to ...
... well as deletion. ! Records with different search-key values may be mapped to ...
Unit 7 Powerpoint Presentation
... Array elements are stored in contiguous memory locations. At the times it might so happen that enough contiguous locations might not be available. Even though the total space requirement of an array can be met through a combination of non-contiguous blocks of memory, we would still not be allowed to ...
... Array elements are stored in contiguous memory locations. At the times it might so happen that enough contiguous locations might not be available. Even though the total space requirement of an array can be met through a combination of non-contiguous blocks of memory, we would still not be allowed to ...
SpatialDataStructure..
... • Lists should be lightweight (arrays are likely a good idea) – If you have enough memory, each cell location can have a fixed array size. (May need to deal with overflow – either per-grid cell, or as a global overflow list) • If arrays are unordered, adding and removing elements is fast (how?) 11-1 ...
... • Lists should be lightweight (arrays are likely a good idea) – If you have enough memory, each cell location can have a fixed array size. (May need to deal with overflow – either per-grid cell, or as a global overflow list) • If arrays are unordered, adding and removing elements is fast (how?) 11-1 ...
Oxera (2011) “Discount rates for low
... for low-carbon generation projects, taking into account both technological and market risks. The primary findings from this study are estimates of the discount rates for a range of lowcarbon generation technologies for 2011, 2020 and 2040. While the capital asset pricing model (CAPM) is the most com ...
... for low-carbon generation projects, taking into account both technological and market risks. The primary findings from this study are estimates of the discount rates for a range of lowcarbon generation technologies for 2011, 2020 and 2040. While the capital asset pricing model (CAPM) is the most com ...
Linked Lists
... In array implementation of the linked lists a fixed set of nodes represented by an array is established at the beginning of the execution A pointer to a node is represented by the relative position of the node within the array. In array implementation, it is not possible to determine the number of n ...
... In array implementation of the linked lists a fixed set of nodes represented by an array is established at the beginning of the execution A pointer to a node is represented by the relative position of the node within the array. In array implementation, it is not possible to determine the number of n ...
Mounds: Array-Based Concurrent Priority Queues
... node satisfies the mound property. In order for treen to become dirty, either (a) treen must be the root, and an extractMin must be performed on it, or else (b) treen must be the child of a dirty node, and a moundify operation must swap lists between treen and its parent in the process of making the ...
... node satisfies the mound property. In order for treen to become dirty, either (a) treen must be the root, and an extractMin must be performed on it, or else (b) treen must be the child of a dirty node, and a moundify operation must swap lists between treen and its parent in the process of making the ...
CPB Discussion Paper
... on the empirical side of the puzzle. This paper focuses on the empirical aspects of the discussion, and aims to take stock of the existing literature by performing a meta-analysis of a wide selection of empirical studies on the equity premium, and to explain the sources of variation in this literatu ...
... on the empirical side of the puzzle. This paper focuses on the empirical aspects of the discussion, and aims to take stock of the existing literature by performing a meta-analysis of a wide selection of empirical studies on the equity premium, and to explain the sources of variation in this literatu ...
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.