paying adj. 1.支付的。 2.有利的,有益的,合算的。 a paying teller (银行)出纳员。 a paying concern 有利的事业。 a paying guest 〔英国〕在私人家中付费膳宿的人。 a paying in slip 缴款通知单。
dividend n. 1.【数学】被除数 opp. divisor。 2.红利,股息;利息;(破产时清算的)分配金。 3.(一般的)份儿;报酬。 cum [ex] dividend 〔英国〕 =dividend on [off] 〔美国〕有[无]股息。 stock dividend 股息。 non-dividend payer 无红股户。 Swimming is a fun, and gives you the dividend of better health. 游泳既是娱乐,又有增进健康的好处。 declare a dividend 通告分红。
By end of 1998 , the nominal value of derivatives transactions had happened in the official exchange within 5 years increased from 7 . 7 trillion u . s . dollars to 13 . 5 trillion u . s . dollars , meanwhile , the nominal value of derivative securities ( otc ) increased from 8 . 7 trillion u . s . dollars to 51 trillion u . s . dollars , then , the nominal value of unliquidated derivatives was total about 64 trillion u . s . dollars , and the academic field also emerged frontier science borrowing for the financial science , physics financial science , financial engineering , etc . 1973 , black and scholes put forward the differential equation that any derivative securities prices based on any non - dividend paying stock must be satisfied , that is black - scholes differential equation Jamshidian . f在其1989年的文章中推导出零息债券的期权价格。奥托同样在其1998年的论文中用统计物理学中的路径积分方法推导出了基于零息债券为基础的期权定价模型。本文在这些学者研究成果的基础上,进行了更深层次的研究,在vasicek随机模型的基础上,打破上述学者及著名的black - scholes期权定价模型只能求解证券及其衍生产品价格平均值的限制,对零息债券和基于零息债券的期权的价格求解,并推导证券瞬时价格的分布函数。