Optimization methods in portfolio management and option hedging ∗ Huyˆn PHAM e Laboratoire de Probabilit´s et e Mod`les Al´atoires e e CNRS‚ UMR 7599 Universit´ Paris 7 e e-mail: pham@math.jussieu.fr and Institut Universitaire de France April 24‚ 2007 Abstract These lecture notes give an introduction to modern‚ continuous-time portfolio management and option hedging. We present the stochastic control method to portfolio optimization‚ which covers Merton’s pioneering work. The
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CHAPTER 4 RESULTS AND DISCUSSION 4.1 Identification of camphor and menthol using gas chromatography – mass spectrometry (GC – MS) In this study‚ the presence of menthol and camphor were determined from 5 different locally produced medicinal topical ointment samples. Sample of Vick® VapoRub® and Hurix’s Massage Balm were purchased from local pharmacies‚ Bunga Cengkih Balm and Serai Balm samples were purchased from the grocery shop. Buah Pala Balm sample was purchased from the night market
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separated by a procedure called chromatography. The procedure uses a special paper and solvent. The chlorophyll molecules adhere to the paper. The solvent molecules move up the paper by capillary action. Each chlorophyll molecule will travel up the paper at different rates. Hypothesis: If chlorophyll is removed from the plant‚ then the different pigments in the plant can be visible. Materials: -Spinach -Coin -Chromatography paper -Ruler
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Column Chromatography of Plant Pigments Jaybee Balilea‚ Sharmaine Baysic‚ Maria Anjelette Patricia Belen 3Bio-7‚ Department of Biological Sciences‚ University of Santo Tomas‚ Manila‚ Philippines Abstract Column Chromatography is a form of solid-liquid adsorption chromatography and depends on the essential principles as does in thin layer chromatography. It was used in this experiment in separating and analyzing the different components of Capsicum frutescens (siling labuyo) with the use
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Portfolio optimization - a practical approach Andrzej Palczewski Institute of Applied Mathematics Warsaw University June 29‚ 2008 1 Introduction The construction of the best combination of investment instruments (investment portfolio) is a principal goal of investment policy. This is an optimization problem: select the best portfolio from all admissible portfolios. To approach this problem we have to choose the selection criterion first. The seminal paper of Markowitz [8] opened a new era
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International Journal of Computer Science and Management Research Vol 2 Issue 4 April 2013 ISSN 2278-733X Mobile Based Monitoring of Driving Patterns Ashish Chaudhary1 Ashish Bajaj2 Nandan Shah3 and Neha Mankar4 Department of Computer Engineering‚ Sinhgad College of Engineering University of Pune‚ India Abstract -- India holds a highly uncertain variation of registering the highest number of road accidents in the world. In this paper‚ we propose a highly efficient system to monitor
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Paper chromatography Presented by – Miss. Shruti Vilas Kharat. SYBSc / FS13164 History- Paper Chromatography (PC) was first introduced by German scientist Christian Friedrich Schonbein (1865). PC is considered to be the simplest and most widely used of the chromatographic techniques because of its applicability to isolation‚ identification and quantitative determination of organic and inorganic compounds. Definition- Paper chromatography is an analytical method technique for separating and
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Optimization of drivers of a bus company PROBLEM: A local bus company named “BAHON PORIBAHAN LIMITED” provides service from khilgaon to Mirpur-14.It starts service at 6 A.M and continues till 10 P.M. At present it has 50 drivers and many of them remain idle most of the time. The owner of the company feels that they have extra drivers and decided to maximize their profit by re-scheduling drivers. A driver can work for 8 hours and can remain idle for next 4 hours. Drivers start their job at 6 AM
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Introduction Linear optimization is a mathematical method for determining a way to achieve the best outcome such as maximum profit or lowest cost in a given mathematical model for some list of requirements represented as linear relationships. Linear programming is a specific case of mathematical programming The Primary Purpose of the present investigation is to develop an interactive spreadsheet tool to aid in determining a maximum return function in 401K plan. In this paper‚ we discuss how the
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Introduction Paper chromatography is a method using a chromatography paper to identify the many mixtures of one simple color. The word chromatography comes from the Greek words‚ "chroma‚" meaning color‚ and "grafein‚" meaning to write. The process of this experiment is to place a colored dot‚ such as marker ink‚ onto the chromatography paper‚ one centimeter away from the triangular tip. Next dip your chromatography paper into the solvent‚ not allowing it to touch the colored dot. Let it sit for
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