The idea was that it could lend funds to Greece, which would buy back its debt at market prices-ie, at a deep discount to its par value.
其设想是借钱给希腊令其以市场价格(实际上是其标准价值的大折扣)买回自己的债务。
When the market is complete, the present value of any derivative security is equivalent to mathematical expectation of its underlying profit discount value under equivalent martingale measurement.
当市场是完备时,任意衍生证券的现值等于该证券未来收益折现值在等价鞅测度下的数学期望。
After that, it is very easy to calculate China stock market inner value by discount cash flow model.
在完成上述工作后,利用折现现金流模型很容易得到我国股市内在价值的大小。
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