So one can't generally use market prices to value option grants.
In theory, then, its traders should have had no problem finding market prices to value the size of their loss.
[C7.] SIMPLE BLUNDER Traders at Credit Suisse probably used dated prices to value asset-backed securities, leading to the surprise $2.85 billion write-down at the Swiss bank.
In the market Riverdale's shares jumped above the mooted offer price to value the company at A$3.9bn, prompting talk of a possible bidding war for the business.
Two managers in Credit Suisse's investment banking division said Thursday that several traders probably used out-of-date prices to value asset-backed securities.
To make Vickrey's idea sound more palatable, today's traffic engineers have changed the term from "congestion pricing" to "value pricing," the idea being that drivers are paying to get something of value.
It seems from the complaint that, if Mr. Grout had used these fresh prices to value their overall positions, their losses would have been bigger.
Charles Lee, an economist at Cornell University, has developed a new measure of price to value that takes account of interest rates, dividends and earnings forecasts.
The relationship of price to value is obvious to both shareholders and bargain hunters alike.
The prices, so low they confound my internal "price to value matrix".
By neglecting these students, we've inadvertently created a market in which the students in most need of a fair price in education get the worst possible product in terms of price to value.
