Page 5 - 6460
P. 5
/DERUDWRU\ ZRUN ʋ
0HDVXUHPHQW RI YLVFRVLW\ RI D OLTXLG E\ WKH 6WRFN¶V
PHWKRG
7KH DLP RI H[HUFLVH 0HDVXUHPHQW RI YLVFRVLW\ RI D OLTXLG E\ WKH
6WRFN¶V PHWKRG
/DERUDWRU\ HTXLSPHQW /DERUDWRU\ JODVV ZLWK XQNQRZQ OLTXLG
UXOH EHDGV VWRSZDWFK DQG FDOOLSHU
*HQHUDO WKHRU\
7KH SKHQRPHQRQ LQWHUQDO IULFWLRQ RI D OLTXLG H[KLELWV ZKHQ WKHUH
LV D UHODWLYH VKLIWLQJ GLVSODFHPHQW RI OD\HUV RI IOXLG ZLWK UHVSHFW WR
RWKHU OD\HUV *HQHUDOO\ VSHDNLQJ WKLV SKHQRPHQRQ LV UHODWHG WR WKH
WUDQVSRUW WUDQVIHU RI WKH PRPHQWXP RI IOXLG SDUWLFOHV ZKLFK LV
FRQQHFWHG ZLWK WKH GLVVLSDWLRQ RI PHFKDQLFDO HQHUJ\ DQG LWV
WUDQVIRUPDWLRQ LQWR D KHDW ,Q WKH UHDO IOXLGV WKH LQWHUQDO IULFWLRQ LV WKH
UHVXOW RI LQWHUDFWLRQ EHWZHHQ LWV SDUWLFOHV PROHFXOHV DWRPV DQG LW
FKDUDFWHUL]HV WKH UHVLVWDQFH ZKLFK WKH IOXLG FDXVHV DW WKH FKDQJH RI LWV
IORZ XQGHU WKH DFWLRQ RI H[WHUQDO IRUFHV :KHQ DW D JLYHQ VWXG\ RI D
IOXLG LWV LQWHUQDO IULFWLRQ FDQ EH QHJOHFWHG WKH IOXLG LV FDOOHG SHUIHFW
LGHDO IOXLG
7KH EDVLF IXQGDPHQWDO ODZ IRU WKH IRUFH RI LQWHUQDO IULFWLRQ
DFWLQJ LQ WKH VWHDG\ VWDWLRQDU\ ODPLQDU IORZ RI D IOXLG LV GHYHORSHG
E\ 1HZWRQ 7KH ODZ LV
GY
) K 6
G]
ZKHUH ) LV WKH IRUFH RI LQWHUQDO IULFWLRQ DFWLQJ EHWZHHQ WZR
VHSDUDWH QHLJKERXUV OD\HUV PRYLQJ ZLWK GLIIHUHQW YHORFLW\ )LJ
6 WKH DUHD RI WKH IULFWLRQDO VXUIDFH RI WKH OD\HUV
