26.03.2015 Views

不流动资产的定价与股权分置改革研究 - 金融工程

不流动资产的定价与股权分置改革研究 - 金融工程

不流动资产的定价与股权分置改革研究 - 金融工程

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

附 录<br />

0.6 0.7071 0.5 1<br />

0.8 0.7071 0.5 1<br />

0.7 0.4261 0.3889 0.4 0.3416<br />

0.9 0.4258 0.2826 0.4 0.2352<br />

0.1 0.4258 0.4240 0.4 0.4948<br />

0.3 0.4258 0.4190 0.4 0.3945<br />

0.5 0.4257 0.4097 0.4 0.3252<br />

0.7 0.4262 0.3888 0.4 0.3214<br />

0.9 0.4257 0.2822 0.4 0.2815<br />

0.1 0.4257 0.4239 0.4 0.5326<br />

0.3 0.4256 0.4187 0.4 0.2990<br />

0.5 0.4255 0.4095 0.4 0.3533<br />

0.7 0.4254 0.3882 0.4 0.3149<br />

0.9 0.4260 0.2824 0.4 0.1800<br />

σ<br />

2<br />

对 应 V0 变 化<br />

V0 ρ T σ<br />

ω<br />

2 ω QL QI QL0 QI0<br />

0.3 0.8977 0.5 1<br />

0.3 0.7071 0.5 1<br />

0.3 0.4223 0.5 1<br />

0.3 0.3162 0.5 1<br />

0.3 0.2316 0.5 1<br />

0.1 0.3400 0.3391 0.3241 0.3230<br />

0.3 0.3404 0.3369 0.3241 0.3198<br />

0.5 0.3401 0.3322 0.3241 0.3140<br />

0.7 0.3400 0.3217 0.3241 0.3005<br />

0.9 0.3400 0.2693 0.3241 0.2332<br />

0.1 0.4258 0.4240 0.4 0.4549<br />

0.3 0.4261 0.4192 0.4 0.3882<br />

0.5 0.4259 0.4100 0.4 0.3425<br />

0.7 0.4261 0.3889 0.4 0.4619<br />

0.9 0.4259 0.2822 0.4 0.1827<br />

0.1 0.8329 0.8432 0.7607 0.8383<br />

0.3 0.8329 0.8730 0.7607 0.7526<br />

0.5 0.8344 0.9283 0.7607 0.8200<br />

0.7 0.8329 1.0507 0.7607 0.8437<br />

0.9 0.8316 1.6653 0.7607 1.0437<br />

0.1 1.3290 1.3669 1.2002 1.2281<br />

0.3 1.3302 1.4767 1.2002 1.3079<br />

0.5 1.3293 1.6706 1.2002 1.4516<br />

0.7 1.3275 2.1212 1.2002 1.7866<br />

0.9 1.3270 4.3859 1.2002 3.4629<br />

0.1 2.3051 2.4114 2.0643 2.1252<br />

0.3 2.2976 2.7052 2.0643 2.39937<br />

89

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!