... sensitivities we could extract useful information for the modelization of the behaviour ofthe policyholders.28 Cost of Capital and Surrender Options for Guaranteed Return Life Insurance ContractsAlexis ... provide protection for risk averse policyholders, the cost of capital must be bornby 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 thecapital is costly and therefore an optimal...
... 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...
... of stockoptions Enrongranted. From 1996 to 2000, according to Congressional statements,the company issued nearly $600 million in stock options. It is too simplistic to state that stockoptions ... PART ONE The Stock Option Problem01_200295_CH01_Delves 8/25/03 8:56 AM Page 14 Chapter SevenMaking Options Performance Based 117Weighing Performance-Based Options 118The Purpose of Options 119Adding ... reap short-term wealth instead of focusing on sustained performance andenduring results. STOCK OPTIONS AND CORPORATE CULTUREWhen stockoptions particularly large amounts of them—are offered to...
... straightforward for constant conditional volatility modelswith closed form option pricing formula, but involves two problems for stochasticconditional 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 averageprice ... oflong-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 boththe Black-Scholes model...
... 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 Exchangeand Foreign Trade Control ... and eight slits remove foreign matter, thus preventing foreign matterfrom entering the ball screw nut.●Features● A total of eight slits on the circumference remove foreign matter in succession, ... the dimensions of models attachedwith QZ Lubricator without WW. Optionsfor the Ball ScrewPrecautions on UseQZ Lubricator for the Ball Screwb HandlingbDropping or hitting this product may...
... much of it. Accounting for the induced-innovation effect, then, is unlikely tofortify greatly the rationale for international GHG controls or toenhance their prospects for success. The possibility ... of these permits can easily be used by a country’s leaders for nonenvironmental purposes: 22It would probably become common practice for dictatorsand corrupt administrators to sell part of their ... largeimpact on the rate of climate change. Partly for that reason, it has noteliminated the threat posed by the Kyoto Protocol. 10 STRATEGIC OPTIONSFOR CLIMATE POLICYAmong European governments...
... 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...
... 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, PM2.5, and regional ... contain the analyses of control measure optionsfor 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:...
... and objectives posed for the next phase, present acomplex set of optionsfor managing the remainder of the program.Therefore, the design of an overall acquisition strategy for Phase IVdemands ... Competition Strategy Optionsfor the DD(X)and their continuing viability. This issue was examined by modelingthe demands for shipyard labor and estimating the cost of providingthat labor force under ... were examined by modeling the supply and demand for shipyardlabor under each of several optionsfor distributing the work amongthe two shipyards and for scheduling the work across calendar time....
... 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 OPTIONSFOR 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...