pptx
... put new element at front – O(1) – poll() must search the list – O(n) – peek() must search the list – O(n) • Maintain as ordered list – add() must search the list – O(n) – poll() wamted element at top – O(1) – peek() O(1) Can we do better? ...
... put new element at front – O(1) – poll() must search the list – O(n) – peek() must search the list – O(n) • Maintain as ordered list – add() must search the list – O(n) – poll() wamted element at top – O(1) – peek() O(1) Can we do better? ...
13: Asset Valuation: Equity Investments
... The company is currently earning $5 per share and this year paid out 40 percent in dividends. The earnings and dividend growth rate for the next 3 years (T1, T2 and T3) will be 20 percent. At the end of the third year the company will start paying out 100 percent of earnings in dividends (D3 = E3). ...
... The company is currently earning $5 per share and this year paid out 40 percent in dividends. The earnings and dividend growth rate for the next 3 years (T1, T2 and T3) will be 20 percent. At the end of the third year the company will start paying out 100 percent of earnings in dividends (D3 = E3). ...
Institutional Ownership and Credit Spreads: An Information
... types of IO on information asymmetry may be offsetting. Hence, it is not clear a priori how the total IO is related to information asymmetry, and therefore, to cost of debt. To address this issue, we adopt a decomposition algorithm developed by Bushee (1998, 2001)2 . Institutions are categorized in ...
... types of IO on information asymmetry may be offsetting. Hence, it is not clear a priori how the total IO is related to information asymmetry, and therefore, to cost of debt. To address this issue, we adopt a decomposition algorithm developed by Bushee (1998, 2001)2 . Institutions are categorized in ...
NBER WORKING PAPER SERIES THE EQUITY PREMIUM IN RETROSPECT Rajnish Mehra
... inflation adjusted return) on the U.S. stock market over the last 110 years has been about 8.06 percent. Over the same period, the return on a relatively riskless security was a paltry 1.14 percent. The difference between these two returns, the “equity premium,” was 6.92 percent. Furthermore, this p ...
... inflation adjusted return) on the U.S. stock market over the last 110 years has been about 8.06 percent. Over the same period, the return on a relatively riskless security was a paltry 1.14 percent. The difference between these two returns, the “equity premium,” was 6.92 percent. Furthermore, this p ...
root parent child leaf node edge
... Binary trees with depth are considered balanced: there is balance between the number of nodes in the left subtree and the number of nodes in the right subtree of each node. You can have binary trees that are approximately balanced, so that the depth is still , but might h ...
... Binary trees with depth are considered balanced: there is balance between the number of nodes in the left subtree and the number of nodes in the right subtree of each node. You can have binary trees that are approximately balanced, so that the depth is still , but might h ...
Persistent Data Structures
... the new modification and label it with the time stamp t. To query a specific version of the data structure at a particular time, we then only have to do a single binary search, after which we can access the data structure at that time. This requires O(n) extra space and time for each modification, h ...
... the new modification and label it with the time stamp t. To query a specific version of the data structure at a particular time, we then only have to do a single binary search, after which we can access the data structure at that time. This requires O(n) extra space and time for each modification, h ...
Heap Sort - Priority Queues
... Insert in O(1) Find the minimum element in O(n), thus deleteMin is O(n) Insert in O(log n) Delete in O(log n) Search tree is an overkill as it does many other operations ...
... Insert in O(1) Find the minimum element in O(n), thus deleteMin is O(n) Insert in O(log n) Delete in O(log n) Search tree is an overkill as it does many other operations ...
n a flE EDICIVE I OF flhI'2ES1 Ra's
... Obviously the ten macroeconomic variables are not independent, since they are all related to the aggregate business cycle; thus, we should not overstate the advantage of looking at a number of different variables. On the other hand, the ten variables do reflect different measurement techniques, diff ...
... Obviously the ten macroeconomic variables are not independent, since they are all related to the aggregate business cycle; thus, we should not overstate the advantage of looking at a number of different variables. On the other hand, the ten variables do reflect different measurement techniques, diff ...
Insert after specified number of nodes
... Integers, reals, and booleans have operations associated with them and so do data types such union, intersection, find, size, and complement. Why Linked lists? Let us consider an example of implementation of a STACK or a QUEUE using a linear array then it is necessary to declare the SIZE of the STAC ...
... Integers, reals, and booleans have operations associated with them and so do data types such union, intersection, find, size, and complement. Why Linked lists? Let us consider an example of implementation of a STACK or a QUEUE using a linear array then it is necessary to declare the SIZE of the STAC ...
Managing the Man Overboard Moment
... immediate attention, are stressful, and require swift action. In an investment firm it is common for a number of professionals to stop what they are doing in order to discern a suitable course of action. The use of a checklist is one approach to making good decisions under pressure. In his superb bo ...
... immediate attention, are stressful, and require swift action. In an investment firm it is common for a number of professionals to stop what they are doing in order to discern a suitable course of action. The use of a checklist is one approach to making good decisions under pressure. In his superb bo ...
Authenticated Data Structures for Graph and Geometric Searching
... of possible answers is much larger than the data size itself. For example, there are O(n2 ) different paths in a tree of n nodes, and each of these paths can have O(n) edges. Requiring an authenticator to digitally sign every possible response is therefore prohibative, especially when the data is ch ...
... of possible answers is much larger than the data size itself. For example, there are O(n2 ) different paths in a tree of n nodes, and each of these paths can have O(n) edges. Requiring an authenticator to digitally sign every possible response is therefore prohibative, especially when the data is ch ...
NBER WORKING PAPER SERIES SOME UNPLEASANT GENERAL EQUILIBRIUM IMPLICATIONS OF EXECUTIVE
... bonds held by the agent, and qtb their period t price. Shareholders are assumed to have rational expectations over the behavior of the economy’s asset price, wage and dividend series. These are represented by dF ( ). The shareholder-worker’s information set, Its , is given by ...
... bonds held by the agent, and qtb their period t price. Shareholders are assumed to have rational expectations over the behavior of the economy’s asset price, wage and dividend series. These are represented by dF ( ). The shareholder-worker’s information set, Its , is given by ...
Download paper (PDF)
... bonds held by the agent, and qtb their period t price. Shareholders are assumed to have rational expectations over the behavior of the economy’s asset price, wage and dividend series. These are represented by dF ( ). The shareholder-worker’s information set, Its , is given by ...
... bonds held by the agent, and qtb their period t price. Shareholders are assumed to have rational expectations over the behavior of the economy’s asset price, wage and dividend series. These are represented by dF ( ). The shareholder-worker’s information set, Its , is given by ...
The relationship between carry trade currencies and
... two currencies is, the more appealing that pair becomes for investors of all kinds to involve themselves in carry trading. In 2003, the pair to invest in was NZD/JPY, generating 5.75% interest for bulls in the market. However, the recent global financial crisis had an unprecedented impact on the fin ...
... two currencies is, the more appealing that pair becomes for investors of all kinds to involve themselves in carry trading. In 2003, the pair to invest in was NZD/JPY, generating 5.75% interest for bulls in the market. However, the recent global financial crisis had an unprecedented impact on the fin ...
Optimal Dynamic Order Submission Strategies In Some Stylized
... typically execute at the best opposing dealer quote, regardless of whether they are market or limit ...
... typically execute at the best opposing dealer quote, regardless of whether they are market or limit ...
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.