...(A put)是一个卖权; • 欧式期权(A European option)仅仅能在到期 日执行(exercise); • 美式期权(An American option)在到期日前 的任何时间都可以执行。
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This paper applies a binominal lattices approach to the valuation of venture investment decision, a compounded option of a European option and an American option.
利用二叉树方法,通过对一个欧式期权与一个美式期权构成的复合期权进行定价,完成对风险投资问题的估价。
Austerity is not an option at the moment (though private American saving is increasing!), and it's hard to see the good in offering a meagre stimulus package.
俭省不是这一刻的选项(尽管美国人个人储蓄正在增加!) 提出一套紧巴巴的刺激方案难以看出有什么好。
Mr Obama took an American approach to health care, dismissing both a Canadian single-payer option and a broad federal safety-net plan to win support.
奥巴马选择了一个美国式的健保方案来赢得支持,放弃了加拿大式的单一支付方案和广泛的联邦安全网方案。
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