Recent debt limit agreement was a wake-up call for people, predict this in the long term may worsen sharply. 近期的债务上限协议为人们敲响了警钟,预示情况在长期内可能会大幅恶化。
When firm are financed with a combination of debt and equity, the equity in the firm can be interpreted as a call option on the firm, then the stock option is an option on a call option on the firm, that is, a compound option. 当公司以债券和股票来融资时,股票可以看作基于该公司价值的看涨期权,则基于该公司股票的期权可看作是基于公司价值的期权的期权,既复合期。