Interest rates , bond interest rates and stock divident rates are the specific forms of manifestations of the non human capitals , such as money , issues and shares , etc , the different value capitals and the market benefit rates .
This paper studies the optimal consumption and investment problem when the investor has a stochastic income and divident in incomplete markets .
研究了在不完备金融市场上有红利支付和随机收入情况下的最优投资和消费问题.
This paper points out the problems existing in the finite growth divident discount model set up by Gordon & Gordon according to micro \\ | economics theory .
根据微观经济学原理,指出了Gordon和Gordon的有限增长期红利贴现模型存在的不足;
Under the hypothesis of stock price submitting to Geometric Fractional Brownian Motion , we obtain the price of Bi-direction European option respectively when the riskless interest rate r , the volatility σ and divident rate δ of the stock are constants or nonrandom functions .