...
  • 主题
高级搜索  >
历史搜索 清空历史
首页> 外文期刊>International Journal of Innovative Computing Information and Control >PROPERTIES OF THE INTRINSIC VALUE FUNCTION AND THE DURATION FUNCTION DETERMINED BY CONTINUOUS CASH FLOW
【24h】

PROPERTIES OF THE INTRINSIC VALUE FUNCTION AND THE DURATION FUNCTION DETERMINED BY CONTINUOUS CASH FLOW

机译：连续现金流量确定的内在价值函数和期限函数的性质

获取原文
获取原文并翻译 | 示例
           
页面导航
  • 摘要
  • 著录项
  • 相似文献
  • 相关主题

摘要

This paper uses the point of view of function to examine some changing rules of the intrinsic value of assets with time. From the continuous yield equation, this paper will derive the formula of the intrinsic value function for assets. On this basis, the definition formula of the duration function determined by continuous cash flow is given and the differential equation that connects the duration function and the intrinsic value function of the assets is got. Meanwhile, the situations of finite and infinite time period are respectively discussed and the relationship between the duration of a single asset and the duration of an assets portfolio is also discussed. Then a number of conclusions that the changes of cash flow cause the changes in duration are achieved. And for some common cash earnings function, the analytical formulas of the corresponding intrinsic value functions and the duration functions are given.
机译：本文从功能的角度考察了资产内在价值随时间变化的一些规律。从连续收益方程，本文将得出资产内在价值函数的公式。在此基础上，给出了由连续现金流量决定的持续时间函数的定义公式，得到了将持续时间函数与资产的内在价值函数联系起来的微分方程。同时，分别讨论了有限时间段和无限时间段的情况，并讨论了单项资产的持续时间与资产组合的持续时间之间的关系。然后得出了现金流量的变化引起期限变化的许多结论。对于一些常见的现金收益函数，给出了相应的内在价值函数和期限函数的解析公式。

著录项

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱：kefu@zhangqiaokeyan.com

京公网安备：11010802029741号 ICP备案号：京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有

  • 客服微信

  • 服务号