No arbitrage can correct the mispricing.
任何套利都无法修正错误定价。
No arbitrage principle is the essence of modern corporate finance theory.
无套利原理是现代金融理论的精髓。
Based on the assumption of no arbitrage, an accurate WACC formula is derived.
基于无套利假设，给出了WACC的精确公式。
No arbitrage principle suppose there is no arbitrage opportunity in financial market.
无套利原理假设金融市场不存在套利机会。
It is Keynes who in 1923 first introduced no arbitrage principle to explain interest parity.
在1923年凯恩斯提出解释远期汇率的“利率平价说”中首次引入了无套利原理。
Modern finance theory's research on arbitrage is mainly focus on the supposition of no arbitrage opportunity.
现代金融理论对套利的研究就是对不能获得套利机会这一假定的含义的研究。
In Chapter 3 the definition of arbitrage and some basic properties of no arbitrage in fuzzy financial markets are given;
第三章给出模糊金融市场中的套利的定义和无套利的一些基本性质；
Methods Build up differential equation under the circumstance of the market no arbitrage. Analyze and work out the solution of equation.
方法在市场无套利条件下建立随机微分方程，运用鞅论、随机分析的方法分析并求解方程。
This paper discussed the construction of martingale measures in multinomial market model under the hypothesis of no arbitrage opportunity.
在无套利假设下，讨论了多叉树模型中鞅测度的构造问题。
Because traditional pricing methods are based on the assumption of no arbitrage, well balanced and complete market, there are many restrictions in the pricing process.
传统的期权定价方法都是在无套利、均衡、完备市场的假设下推导得出的，这使得它们在适用的时候受到很多的限制。
With no arbitrage principle used in more corporate finance theory research, no arbitrage analysis becomes a basic analysis method in corporate finance, just as equilibrium analysis.
无套利原理在众多的财务理论中的广泛应用，使得基于无套利原理的无套利分析方法与均衡分析方法一道成为公司理财学的基本分析方法。
Despite that modern option pricing theory can give an accurate describe of the interest rate movement, no arbitrage model, the equilibrium model, the martingale model all have deficit.
尽管现代期权理论能对利率运动给出“精确”描述，然而，无论是无套利模式、均衡模式还是鞅模式，均存在一定的缺点。
This must mean that no one can arbitrage because no one can borrow uncollateralised, no one has spare collateral, and no one is willing to lend –arbitrage involves both borrowing and lending.
也就是说着没有人能够套利因为没人能够无担保借贷，没有人具备担保资质，并且没人愿意放贷，因为套利涉及到借贷两个方面。
As a result, the price in London should be driven up, and the price in New York should be driven down so that arbitrage is no longer possible.
其结果是，伦敦的价格会逐渐上升，而纽约的价格会逐渐下跌，这样的套利机会将最终消失。
The dividend discount model is the essential method used to estimate the stock intrinsic value. No-arbitrage equilibrium theory is the foundation of present financial theory.
股息贴现模型是估计股票内在价值的基本方法，无套利均衡是现代金融理论的基础。
Asset pricing Theory is the core in modern finance. The two fundamental approaches of asset pricing are the no-arbitrage and the equilibrium.
资产定价理论是现代金融学的核心内容，资产定价的两个基本方法是现代的无套利方法和传统的均衡方法。
At present, some risks exist in the market of China's convertible bonds. Generally speaking, there is no obvious underestimate or overestimate, or obvious arbitrage space in the market price.
现阶段我国的可转债市场存在一定风险，市场价格总体来说不存在明显的低估或高估的现象，不存在明显的套利空间。
We furthermore calculate the expectation and variance of random variable, and discuss the approximate value of no-arbitrage price when jump obeying poisson distribution.
本文进一步计算出股票价格模型的期望与方差，讨论了跳跃服从对数泊松分布时模型的无套利价格的下界。
This article focuses on pricing problem of Life Insurance Model under no-arbitrage framework.
本文主要讨论无套利框架下的寿险模型定价问题。
This paper presents a no-arbitrage model of closed-form approximation for valuing basket options under a stochastic interest rate economy.
本文推导出在随机利率经济体系下，无套利条件之组合型选择权的近似封闭解。
The result about the analysis of the portfolio shows that as long as arbitrage chance exists, each investor can get higher income, not increasing risk, no matter he is a risk averter or seeker.
对此套利组合的分析结果表明：只要存在无风险套利机会，无论风险投资者的偏好如何，都能在不增加风险的基础上，获得较高的收益。
The result about the analysis of the portfolio shows that as long as arbitrage chance exists, each investor can get higher income, not increasing risk, no matter he is a risk averter or seeker.
对此套利组合的分析结果表明：只要存在无风险套利机会，无论风险投资者的偏好如何，都能在不增加风险的基础上，获得较高的收益。
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