FINE-7670 Risk Management and Applications to Energy Firms Spring 2014 January 15‚ 2014 HW#1 PART I: Analytical Questions 1. The price of gold is currently $600 per ounce. The forward price for delivery in 1 year is $800. An arbitrageur can borrow money at 10% per annum. What should the arbitrageur do? Assume that the cost of storing gold is zero and that gold provides no income. 2. On September 12‚ 2006‚ an investor owns 100 Intel shares. As indicated in the table below‚ the share price
Premium Futures contract
Function Working with the ignition maps - How to navigate the ignition maps - How to Tune or Change the ignition values in the map - Using the All Ranges Right Function 3. How to Tune What are the Crosshairs used for What is Interpolation What Keys are used Tuning the Fuel Maps Tuning for Fuel Economy Tuning for Power Tuning the Ignition Maps What is Detonation Installation Guide Computer Requirements The programming software requires a PC running Windows XP‚ Windows Millennium
Premium Fuel injection
1300000/1.90662 = 681833.44 DCF4 = 950000/(1+24%)^4 = 950000/2.36421 = 401824.92 NPV Calculation at 24% NPV = 887096.77 + 943028.1 + 681833.44 + 401824.92 -3000000 NPV = 2913783.23 -3000000 NPV at 24% = -86216.77 IRR with Linear Interpolation iL = 19% iU = 24% npvL = 193484.61 npvU = -86216.77 irr = iL + [(iU-iL)(npvL)] / [npvL-npvU] irr = 0.19 + [(0.24-0.19)(193484.61)] / [193484.61--86216.77] irr = 0.19 + [(0.05)(193484.61)] / [279701.38] irr = 0.19 + 9674.2305 /
Premium Net present value Internal rate of return Cash flow
THE UNIVERSITY OF HONG KONG DEPARTMENT OF STATISTICS AND ACTUARIAL SCIENCE STAT2801 Life Contingencies LN1: Chapter 3 (Actuarial Mathematics): Survival distributions Age-at-death random variable T0 – age-at-death (lifetime for newborn) random variable To completely determine the distribution of T0 ‚ we may use (for t ≥ 0)‚ (1) (cumulative) distribution function: F0 (t) = Pr(T0 ≤ t) (2) survival function: s0 (t) = 1 − F0 (t) = Pr(T0 > t) (3) probability density function: f0 (t) = F0 (t) =
Premium Probability theory Random variable Cumulative distribution function
Remote sensed images are not maps.by Mather and Koch Contents 1. Introduction----------------------------------------------------------------------------------1 2. Function of image preprocessing and its importance for image Analysis-----------1-10 2.1 Radio Metric correction Method--------------------------------------------------- 2-6 2.1.1 2.1.2 Cosmetic correction--------------------------------------------------------- 3-4 Atmospheric correction-----------------------------------------------------
Premium Image processing Remote sensing Computer graphics
or scheduled date or time From the table of Standard Normal Distribution Function‚ the corresponding percentage probabilities are given as follows: For Z = 1.41 the probability is 92.07 % and for Z = 1.42 the probability is 92.22 %. Interpolation 1.41 ………..0.9207 1.414 …………. p 1.42 ………..0.9222 (1.414 – 1.41/(1.42- 1.41) =(p – 0.9207)/(0. 9222- 0. 9207) [pic] Therefore‚ there is 92.13% probability that the project will be finished in 30 weeks. 0O0
Premium Normal distribution Critical path method Project management
T urning Data into Information Using ArcGIS 10 MÓDULO 1 Representing geography In order to build a representation of any part of it‚ you must make choices about what to represent‚ at what level of detail‚ and over what time period. What are geographic data? Geographic data link place‚ time‚ and attributes. Place Place‚ or location‚ is essential in a geographic information system. Locations are the basis for many of the benefits of geographic information systems: the
Premium Geographic information system Cartography Geography
1. Discuss and define the doctrine of “Stare decisis”. Stare decisis means to stand by previous decisions in Latin. The doctrine of stare decisis is a doctrine of precedence and has two aspects: 1) definitional or substantial – the principle of law is found in the precedence called the ratio decidendi: the narrowest and necessary legal principle upon which a legal decision was based. This is the aspect of the case that binds future courts and must be followed. 2) Structural: what precedent
Premium Law Common law Stare decisis
*Compound Interest/Discount* Compound Interest When you borrow money from a bank‚ you pay interest. Interest is really a fee charged for borrowing the money‚ it is a percentage charged on the principle amount for a period of a year - usually. If you want to know how much interest you will earn on your investment or if you want to know how much you will pay above the cost of the principal amount on a loan or mortgage‚ you will need to understand how compound interest works. * Compound interest
Premium Compound interest
TERM PAPER OF 5TH SEMESTER 2010 NUMERICAL ANALYSIS MTH204 TOPIC: Using trapezoidal rule and simpson’s rule‚ evaluate the integral [pic] DOA: DOS: 12th November‚ 2010 Submitted to: Submitted by: Ms.Nitika Chugh Mr. William Anthony Deptt. Of Mathematics
Premium Numerical analysis