3) Put Option Valuation
A Pall Option confers the right on its holder, without the obligation, to sell the underlying asset at a certain date for a certain price. Only a little extra work is needed to value put options. Basically , we just pretend that a put option is a call option and use the Black-Scholes formula to value it. We then use the put-call parity condition to solve for the put valu
Reason for polygamy even in this world
Polygamy in the olden and the modern tradition. Polygamy is a system of multiple marriage in which a man is able to have more than one wife.
In the olden days where farming was major industry to many families, men were engaged into numerous marriage to enlarged their families. In those days, larger the family, the biggest farms and richest. Those was the d
reason, California faced with a electric power crisis. So power outage was occurred frequently and electric charge was risen sharply since late 1998.
③ Bankruptcy of PG&E
- As a result, PG&E (Pacific gas& Electric) suffered financial difficulties because energy supply costs had risen and selling prices had been regulated. They couldn't shift a burden to consumer. So, their deficit was accu
Ⅰ. 서론
현대의 일상생활에서 우리는 수많은 데이터(data)를 취급하는 정보화 시대에 살고 있다. 데이터베이스와 데이터베이스 시스템은 일상생활에서 중요한 요소가 되었으며 현대 사람들은 하루 종일 데이터베이스와 관련된 여러 활동을 접하게 된다. 더욱이 인터넷이 발달된 현재에 있어서도 그
1. Introduction of the project
1) Purpose of project
Through the project, we want to build extensive knowledge about cruise industry and accounting analysis (common size analysis, comparative analysis, and ratio analysis). We believe that the project makes us accounting experts.
Cruise Industry has grown and continues to grow enormously in scale. It is frequently regarded as a small but sig