Cost of Capital and Surrender Options for Guaranteed Return Life Insurance Contracts
... sensitivities we could extract useful information for the modelization of the behaviour of the policyholders. 28 Cost of Capital and Surrender Options for Guaranteed Return Life Insurance Contracts Alexis ... provide protection for risk averse policyholders, the cost of capital must be born by the policyholders. For that reason capital valuation can not be dissociated from the pricing issue. For one-period ... valuation framework for the pricing and the capital require- ment for an insurance contract. A high level of capital reflects the soundness of a company but the capital is costly and therefore an optimal...
Ngày tải lên: 13/04/2013, 13:04
LoopStar® Network Management LoopStar 800/1600/3600 Provide Flexible Options for Network Management
... management platform. The LoopStar EMS-LCT is an element management layer (EML) management system for LoopStar 800/1600/3600 SONET Access Systems. The LoopStar EMS-LCT is intended for small, relatively ... service providers can perform advanced management control functions for their entire network of LoopStar 800/1600/3600 systems, all from a common management platform. Specific capabilities ... include: 1) A full GUI-based Element Management System (EMS) for large complex networks; 2) An EMS- Local Craft Terminal (LCT) for centralized management of relatively small networks via a...
Ngày tải lên: 18/10/2013, 19:15
Tài liệu McGraw.Hill.Stock Options And The New Rules Of Corporate Accountability doc
... of stock options Enron granted. From 1996 to 2000, according to Congressional statements, the company issued nearly $600 million in stock options. It is too simplistic to state that stock options ... PART ONE The Stock Option Problem 01_200295_CH01_Delves 8/25/03 8:56 AM Page 14 Chapter Seven Making Options Performance Based 117 Weighing Performance-Based Options 118 The Purpose of Options 119 Adding ... reap short- term wealth instead of focusing on sustained performance and enduring results. STOCK OPTIONS AND CORPORATE CULTURE When stock options particularly large amounts of them— are offered to...
Ngày tải lên: 21/12/2013, 01:19
Tài liệu Pricing Stock Options Under Stochastic Volatility And Interest Rates With Efficient Method Of Moments Estimati ppt
... straightforward for constant conditional volatility models with closed form option pricing formula, but involves two problems for stochastic conditional volatility models. First, when the closed form ... observations, about 26.56% are OTM options, 12.69% are ATM options, 60.75% are ITM options; 26.23% are short-term options, 49.01% are medium-term options, and 24.76% are long-term options. The average price ... of long-term and short-term ATM options. While the asymmetric SV models do outper- form all other models for pricing short-term options, overall they underperform both the Black-Scholes model...
Ngày tải lên: 21/12/2013, 01:20
Tài liệu Options for the Ball Screw pptx
... or omissions. ● For the export of our products or technologies and for the sale for exports, THK in principle complies with the foreign exchange law and the Foreign Exchange and Foreign Trade Control ... and eight slits remove foreign matter, thus preventing foreign matter from entering the ball screw nut. ● Features ● A total of eight slits on the circumference remove foreign matter in succession, ... the dimensions of models attached with QZ Lubricator without WW. Options for the Ball Screw Precautions on Use QZ Lubricator for the Ball Screw b Handling b Dropping or hitting this product may...
Ngày tải lên: 22/12/2013, 22:15
Tài liệu Strategic Options for Bush Administration Climate Policy docx
... much of it. Accounting for the induced-innovation effect, then, is unlikely to fortify greatly the rationale for international GHG controls or to enhance their prospects for success. The possibility ... of these permits can easily be used by a country’s leaders for nonenvironmental purposes: 22 It would probably become common practice for dictators and corrupt administrators to sell part of their ... large impact on the rate of climate change. Partly for that reason, it has not eliminated the threat posed by the Kyoto Protocol. 10 STRATEGIC OPTIONS FOR CLIMATE POLICY Among European governments...
Ngày tải lên: 15/02/2014, 20:20
Tài liệu Air Pollution Control Policy Options for Metro Manila docx
... many of our recommendations come in the form of policy options. Given the gaps in crucial information for stationary sources, we developed a methodology for designing an appropriate emissions ... The Department of Energy also wants a reduction in the tax rate for lpg for automotive use and for regular gasoline. 39 Resources for the Future Krupnick, Morgenstern, Fishcer, Rolfe, ... additional information be requested for easy cross-checking purposes. For those firms not installing CEMS, new procedures should be established to ensure that the most accurate and credible information...
Ngày tải lên: 17/02/2014, 10:20
Assessment of Control Technology Options For Petroleum Refineries in the Mid-Atlantic Region Final Report potx
... available control technology options for FCCUs and FCUs for states to consider as they undertake efforts to develop rules and State Implementation Plans (SIPs) for ozone, PM 2.5 , and regional ... contain the analyses of control measure options for the seven refinery processes selected for evaluation. ã Phase III involved the drafting of model rules for states to consider as they develop ... to an opacity limit of 30%, except for a 6-minute average in any 1-hour period. For those FCCUs not subject to NSPS limitations, then four options exist for compliance with the MACT standard:...
Ngày tải lên: 05/03/2014, 11:20
Acquisition and Competition Strategy Options for the DD(X) potx
... and objectives posed for the next phase, present a complex set of options for managing the remainder of the program. Therefore, the design of an overall acquisition strategy for Phase IV demands ... Competition Strategy Options for the DD(X) and their continuing viability. This issue was examined by modeling the demands for shipyard labor and estimating the cost of providing that labor force under ... were examined by modeling the supply and demand for shipyard labor under each of several options for distributing the work among the two shipyards and for scheduling the work across calendar time. ...
Ngày tải lên: 06/03/2014, 20:20
Finding Candidate Options for Investment pot
... for capability areas (Davis, Shaver, and Beck, forthcoming), this causes substantial difficulties for analysis, especially for those charged with making tradeoffs within a capability area for ... Attributes of Options On or Near the Efficient Frontier for the Average over All Scenarios COMBINING OPTIONS FOR DIFFERENT SCREENING FOCUSES Although the issue is not very significant for the highly ... two chapters for an overview. The report supplements a broader monograph on analytical methods for capability-area assessments (Davis, Shaver, and Beck, forthcoming), intended for senior officials...
Ngày tải lên: 06/03/2014, 21:20