03 in parity value
of the underlying common shares and the remainder in the form of the $30 in cash offered above that parity value
There are feedback mechanisms limiting this influence, however, which can be set out by analysing the implications of the uncovered interest parity condition for any departure of the exchange rate from its purchasing power parity value as a result of a temporary policy-induced change in the domestic interest rate.
Given the world real rate of interest, and assuming the exchange rate is currently at its purchasing power parity value, there exists a unique domestic interest rate that is consistent with maintaining purchasing power parity at the end of the period (equation 5).
If the New Zealand exchange rate can depart from its purchasing power parity value by 25 per cent over a reasonably short period, this phenomenon would require far too great a change in domestic interest rates (and hence in the domestic inflation rate) to be offset by monetary policy alone.
The weights that the regression assigned to the three factors were: 88 percent to the six-month average, 10 percent to the previous year's average, and only 2 percent to the purchasing power parity value.
This concept will be tested for the Canadian dollar by seeing whether adding information about the purchasing power parity value of the exchange rate can improve forecasts.
However, given that the current market value of the debentures substantially exceeds the parity value, CRA believes a significant percentage of conversions is remote at this time.
Statements in this news release may be considered forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, including our belief that a significant percentage of conversions is remote at this time because the current market value of the debentures substantially exceeds the parity value.
However, given that the current market value of the securities substantially exceeds the parity value
, the Company does not believe a significant number of conversions are likely at this time.
01 after 5 years if the Parity Value
9 million shares is almost a billion dollars and that just takes you to parity value
and indicates an overall market value of over 3.
Therefore, in something akin to a Sudoku puzzle, the parity values
of data qubits in a qubit array are taken by adjacent measurement qubits, which essentially assess the information in the data qubits by measuring around them.