In the first section of Chapter 2, the differential equation model of Interest Rate-Amount of Circulating Fund in a closed system is constructed, and it is proved that the sum of the weighted interest rates of all nodes is a constant, namely, Equilibrium Principle of Interest Rate of Financial Network and that the limit of the interest rates of each node is the average interest rates of the whole network.

As everyone knows, the decision of investment good and bad is determined by both parties' will. What investor pursues is high profit which is more than average interest, market and sense of security.

When the rate of total capital returns exceeds the average debt ratio, thefinancial leverage can be fully employed for more interest, for debt financing is more profitable than stocking financing.

Feasibilities of production of mackerel slice is studied with respects to technical, economic and social efficiency. According to present fixed assets of mid-loan average annual rate being 6. 84 % and internal rate of return being 55. 11 %, investment return term is 2. 33 years on the basis of 100 tons annual capacity.

Given its advantage, the issueof free float interest rate bonds is suggested, with R07D asits benchmark interest rate based on the average R07Dinterest rate one week before interest payment.

We compare a "counterfactual" ECB reaction function based on average interest rates prior to EMU with actual ECB policy.

Realistic pricing models for average interest rate caps based on interbank offered rates have not yet been published.

In this paper we propose to adapt the methods of Levy (1992), Vorst (1992) and Rogers and Shi (1995) for average rate options to price average interest rate caps, and we compare their computational efficiencies.

Behavior of the long term average interest rate B is in accordance to what is expected by the market in the long term run.

Changes in average interest rates will also have cash flow effects on borrowers and lenders.

In this regime, the shape of the distribution function stops changing and the reaction kinetics obeys an exponential law and can be characterized by a single, average rate constant.

Equations are set up for the reaction state distribution and average rate constant in the quasi-steady-state regime.

The average rate of hydrogen sulfide production measured at three deep-sea stations amounted to 755 mg S/(m2 day), or 276 g S/(m2 year).

The maximum average rate of oxygenic photosynthesis [2.1 g C/(m2 day)], chlorophyll a content (343.4 mg/m2), and cell number of phototrophic microorganisms were observed at temperatures from 45 to 50°C.

It has been shown that the average rate of decomposition of pure cellulose in polluted areas is significantly reduced, with its spatial variation being markedly increased.

Realistic pricing models for average interest rate caps based on interbank offered rates have not yet been published.

In this paper we propose to adapt the methods of Levy (1992), Vorst (1992) and Rogers and Shi (1995) for average rate options to price average interest rate caps, and we compare their computational efficiencies.

Behavior of the long term average interest rate B is in accordance to what is expected by the market in the long term run.

Even for collateralized mortgage loans, the average interest rate is nearly 4 percent higher than the return on bank certificates of deposit.

For example, an average interest rate for a month is available at the end of the month being measured.

Feasibilities of production of mackerel slice is studied with respects to technical, economic and social efficiency. According to present fixed assets of mid-loan average annual rate being 6. 84 % and internal rate of return being 55. 11 %, investment return term is 2. 33 years on the basis of 100 tons annual capacity. Based on dynamic principle, the mathematical model of sensitivity analysis is also established.

The key problem of the regional growth dynamics is the economic growth.As economi-sts did not fully realize the impact of resources shortage on regional economic growth in the1950s and the1960s,the classical theory of regional growth did not consider the binding force and carrying capacity of environment and resource accordingly.They considerd that capital and labor resource are the most fundamental and important economic factors.A dynamic model of regional growth bound by the regional resources and investment...

The key problem of the regional growth dynamics is the economic growth.As economi-sts did not fully realize the impact of resources shortage on regional economic growth in the1950s and the1960s,the classical theory of regional growth did not consider the binding force and carrying capacity of environment and resource accordingly.They considerd that capital and labor resource are the most fundamental and important economic factors.A dynamic model of regional growth bound by the regional resources and investment environment ,Rabenau-Lin’s model,is set up in this paper.According to the dynamic models,two important regional growth principles are identified as following:Firstly,in the regional growth,the improvement of inve-stment environment should be the first growth factor,and the improvement of capital growth index should be the second growth factor,the improvement of labor growth index should be the third growth factor.Secondly,if the regional average interest rate is lower than the average level out of the region,to guarantee the stability of regional growth,the growth index number of capital should be less than1.

The little change in the benchmark interest rateof Chinese floating rate bonds deprives this instrument ofrisk avert function. The R07D interest rate, which timelyreflects interest rate movement, is closely correlated withthe yield of short-term bonds and therefore able to avertrisk of interest rate volatility. Given its advantage, the issueof free float interest rate bonds is suggested, with R07D asits benchmark interest rate based on the average R07Dinterest rate one week before interest payment.