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。
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。
The dividend discount model is the essential method used to estimate the stock intrinsic value.
同时，由于无风险套利活动的存在将逐渐实现金融市场的无套利均衡，导致我国股票市场的“规模效应”减弱以致消失。
As the same time, it is considered that the non-risk arbitrage result in the non-arbitrage equilibrium in the stock market which make the size effect gradually abate and disappear.
本文考察了我国可转换债券市场结构、条款设计和外部条件的特殊性，利用无套利均衡分析的方法，以基准股票价格为驱动因素建立了有针对性的可转换债券定价模型。
Present thesis develop a stock-based pricing model with exogenous credit risk that accounts for almost all convertible bonds on Chinese market, which have soft put and soft call provisions.
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。
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.
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。
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.
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。
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.
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。
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。
Asset pricing Theory is the core in modern finance. The two fundamental approaches of asset pricing are the no-arbitrage and the equilibrium.
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