您可能以为中国公司会在股票市场溢价。
You might assume that Chinese companies would command a premium in the stock market.
理论界对股票市场溢价现象的困惑与争论由来已久,对其成因的解释可以归纳为理性定价与非理性定价理论。
In the financial circle, controversy on the cause of premium phenomenon has long history. Rational pricing and irrational pricing are two kinds of explaining theories.
信用利差(即高于无风险利率的风险溢价)被放大到前所未有的程度,并且导致股票市场充斥着恐慌情绪。
Credit spreads-that is to say, the risk premium over and above the riskless rate of interest-widened to unprecedented levels and eventually the stock market also was overwhelmed by panic.
在此理论基础上,平价期权比折价、溢价期权更能体现期权的激励效果,而且在股票市场大幅低于执行价格时,再定价对双方都是有利的。
On the base of this theory, at the money option is better than premium and discounted options; if the stock price below the exercise price, option price is benefit for company and executive.
对于股票市场2010年的展望取决于中央银行会否退出市场,以及这对于利率和风险溢价的影响。
The outlook for stocks in 2010 depends on whether central Banks move out of the markets and what that means for interest rates and risk premiums.
结果表明,我国A股股票的实际风险溢价为负,股票市场存在较大的投机性泡沫。
Our research showed that the real risk premium of A shares was negative and there speculate bubbles in the Chinese stock market during 1997~2001.
结果表明,我国A股股票的实际风险溢价为负,股票市场存在较大的投机性泡沫。
Our research showed that the real risk premium of A shares was negative and there speculate bubbles in the Chinese stock market during 1997~2001.
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