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English to Chinese translations [PRO] Bus/Financial - Finance (general) / Capital Markets | | English term or phrase: VLYON | LYONS (Liquid Yield Option Notes) are zero-coupon convertible bonds that have both an embedded put option and an embedded call optionDeveloped by Merrill Lynch in 1985
Mathematical relationship:VLYON = VStraight Zero-Coupon Bond + VOption to Convert +VPut Option-VCall Option
LYON是指流动收益期权票据,后面这个数学公式中为什么都在前面加了“v”不明白这样一加是什么意思了??? |
| jim summerKudoZ activityQuestions: 382 (none open) ( 1 without valid answers) ( 34 closed without grading) Answers: 13 China
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| | 价值/价格 | Explanation: 这里的V就是value的意思,数学公式是用来计算LYON的价值的。 |
| Selected response from:
Jie LIU France Local time: 01:03
| Grading comment | 4 KudoZ points were awarded for this answer |
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| Summary of answers provided | | 5 | 价值/价格 | |
| Discussion entries: 0 |
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