Overvalued Equity and Financing Decisions
... share turnover, B/P , and R&D. For a manager to cater to investor overvaluation of growth opportunities, the firm plausibly must seem to have such opportunities. Furthermore, scale economies in new projects will only matter for firms that have potentially attractive new projects. So, both arguments ...
... share turnover, B/P , and R&D. For a manager to cater to investor overvaluation of growth opportunities, the firm plausibly must seem to have such opportunities. Furthermore, scale economies in new projects will only matter for firms that have potentially attractive new projects. So, both arguments ...
STEP - Merrill Lynch
... The STEP Income Securities ® Linked to the Common Stock of Delta Air Lines, Inc., due May , 2017 (the “notes”) are our senior unsecured debt securities. The notes are not guaranteed or insured by the Canada Deposit Insurance Corporation or the FDIC, and are not, either directly or indirectly, an obl ...
... The STEP Income Securities ® Linked to the Common Stock of Delta Air Lines, Inc., due May , 2017 (the “notes”) are our senior unsecured debt securities. The notes are not guaranteed or insured by the Canada Deposit Insurance Corporation or the FDIC, and are not, either directly or indirectly, an obl ...
Fundamental Data Structures - University of North Florida
... Another way to define an ADT, closer to the spirit of functional programming, is to consider each state of the structure as a separate entity. In this view, any operation that modifies the ADT is modeled as a mathematical function that takes the old state as an argument, and returns the new state as ...
... Another way to define an ADT, closer to the spirit of functional programming, is to consider each state of the structure as a separate entity. In this view, any operation that modifies the ADT is modeled as a mathematical function that takes the old state as an argument, and returns the new state as ...
Testing for Rating Consistency in Annual Default
... For example, the default rates in 1991 and 1996 were 9.9% and 1.6% respectively. What is the chance that these two default rates represent draws from the same underlying statistical distribution? Assuming a constant default probability, the probability of this occurring by chance is effectively zero ...
... For example, the default rates in 1991 and 1996 were 9.9% and 1.6% respectively. What is the chance that these two default rates represent draws from the same underlying statistical distribution? Assuming a constant default probability, the probability of this occurring by chance is effectively zero ...
DEUTSCHE BANK AKTIENGESELLSCHAFT (Form
... The Issuer’s estimated value of the securities is equal to the sum of our valuations of the following two components of the securities: (i) a bond and (ii) an embedded derivative(s). The value of the bond component of the securities is calculated based on the present value of the stream of cash paym ...
... The Issuer’s estimated value of the securities is equal to the sum of our valuations of the following two components of the securities: (i) a bond and (ii) an embedded derivative(s). The value of the bond component of the securities is calculated based on the present value of the stream of cash paym ...
The role of inflation-linked bonds Increasing, but still modest
... they should be interesting for households, firms and governments as well. They should be particularly interesting for investors who want to hold on to their investments for very long periods, say twenty years or more. But there are also cons. The market for inflation-linked bonds is generally less l ...
... they should be interesting for households, firms and governments as well. They should be particularly interesting for investors who want to hold on to their investments for very long periods, say twenty years or more. But there are also cons. The market for inflation-linked bonds is generally less l ...
The SprayList: A Scalable Relaxed Priority Queue
... nodes are ignored by future traversals.) Otherwise, if the process fails to acquire the node, it either re-tries a Spray, or, with low probability, becomes a cleaner thread, searching linearly through the bottom list for an available node. Spray Parameters. An efficient Spray needs the right combina ...
... nodes are ignored by future traversals.) Otherwise, if the process fails to acquire the node, it either re-tries a Spray, or, with low probability, becomes a cleaner thread, searching linearly through the bottom list for an available node. Spray Parameters. An efficient Spray needs the right combina ...
CHAPTER 18 Linked Lists, Stacks, Queues, and Priority
... def __init__(self): self.__head = None self.__tail = None self.__size = 0 # Return the head element in the list def getFirst(self): if self.__size == 0: return None else: return self.__head.element # Return the last element in the list def getLast(self): if self.__size == 0: return None else: return ...
... def __init__(self): self.__head = None self.__tail = None self.__size = 0 # Return the head element in the list def getFirst(self): if self.__size == 0: return None else: return self.__head.element # Return the last element in the list def getLast(self): if self.__size == 0: return None else: return ...
Dictionary Data Structures
... indicating if elements are currently open or not. The minimum is found through a complete scan, yielding quadratic execution time in the number of nodes. More refined data structures have been developed since, which are suitable for different classes of weight functions. We will discuss integer and ...
... indicating if elements are currently open or not. The minimum is found through a complete scan, yielding quadratic execution time in the number of nodes. More refined data structures have been developed since, which are suitable for different classes of weight functions. We will discuss integer and ...
Data Structures and Algorithms for Data
... Through the years, I was fortunate to supervise semester and master projects of several exceptional students. I feel that I have to mention at least a few of them. First, I want to thank Ngoc Duy Pham for the preliminary exploration of the techniques used in the ScalaMeter framework. It was a pleasu ...
... Through the years, I was fortunate to supervise semester and master projects of several exceptional students. I feel that I have to mention at least a few of them. First, I want to thank Ngoc Duy Pham for the preliminary exploration of the techniques used in the ScalaMeter framework. It was a pleasu ...
Workbook - Skylight Publishing
... interface adapter gets the following settings: bit 7 (leftmost bit), “BUSY,” is set to 1; bit 5, “PE” (“paper end”), is set to 1; and bit 3, “ERROR,” is set to 0. Bit 4 is always 1 when a printer is connected, bit 6 is 0, and bits 0-2 are not used. Write the hex value for the bit mask that has bits ...
... interface adapter gets the following settings: bit 7 (leftmost bit), “BUSY,” is set to 1; bit 5, “PE” (“paper end”), is set to 1; and bit 3, “ERROR,” is set to 0. Bit 4 is always 1 when a printer is connected, bit 6 is 0, and bits 0-2 are not used. Write the hex value for the bit mask that has bits ...
Think Data Structures
... more than 1000. By focusing on the topics I think are most useful for software engineers, I kept this book under 200 pages. Too “bottom up” Many data structures books focus on how data structures work (the implementations), with less about how to use them (the interfaces). In this book, I go “top do ...
... more than 1000. By focusing on the topics I think are most useful for software engineers, I kept this book under 200 pages. Too “bottom up” Many data structures books focus on how data structures work (the implementations), with less about how to use them (the interfaces). In this book, I go “top do ...
on queue - Text of NPTEL IIT Video Lectures
... other element and then I removed all the elements before r th location. Where f would be located? f would be increment to r, so f becomes r. When f is r, queue is empty. Suppose I kept adding the elements to the queue. When I add, r will move one step, another step and so on. When I add an element c ...
... other element and then I removed all the elements before r th location. Where f would be located? f would be increment to r, so f becomes r. When f is r, queue is empty. Suppose I kept adding the elements to the queue. When I add, r will move one step, another step and so on. When I add an element c ...
lecture notes on data structures using c
... for the way the data will be accessed and processed – that is, how the data will be interpreted actually, non-contiguous structures – including lists, tree and graphs – can be implemented either contiguously or non- contiguously like wise, the structures that are normally treated as contiguously - a ...
... for the way the data will be accessed and processed – that is, how the data will be interpreted actually, non-contiguous structures – including lists, tree and graphs – can be implemented either contiguously or non- contiguously like wise, the structures that are normally treated as contiguously - a ...
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.