(5) 증류 방법
① 플래시(Flash) 증류
- 실제 증류 조작으로 사용하지 않고 주로 증류의 보조조작, 예비 증류에 사용.
- 석유와 같은 다성분 혼합물을 분리하는데 응용되어, 증류탑으로 보내지는 원유를 가열하고 증발시켜 증기 상태로 있는 평형 상태의 액을 분리하는데 사용.
- 2성분계의 물질 수지
1. What is an "Exotic Options"?
option contracts that are variations on simple puts and calls or are different products with optionality built into them.
Exotic options are available in various asset classes on which options are available, but are mostly found in the foreign exchange market. A common example is the barrier option, which itself comes in various forms such as knock-in options
volatility is: σ=s/√τ,with s=√(1/(n-1) ∑▒〖(u_i-u ̅)〗^2 ),and u_i=ln(S_i/S_(i-1) ).
We calculate 125 u_i, its average is 0.000737. Since n is 125, s is 0.009867924 and σ (historical volatility) is 1.4125%.
Part 2.
For this part and later parts, we prepared market option prices and risk-free rate. First, we got the call and put options on XOM stock with
Ernst & Young / KPMG
Consultancy services on fairly well-defined operational issues
Siemens Business Services
Technological solutions
Cost effectiveness of service position
Wealth of knowledge accumulated
Product-based organizations in a low-volatility
Identify and promote strategic communities of practice
Provide expert directories and collaborative tools
Reward par
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