• East Asian mathematical journal
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• v.36 no.1
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• pp.55-60
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• 2020

We study a probabilistic approach for valuing an exchange option with default risk. The structural model of Klein [6] is used for modeling default risk. Under the structural model, we derive the closed-form pricing formula of the exchange option with default risk. Specifically, we provide the pricing formula of the option with the bivariate normal cumulative function via a change of measure technique and a multidimensional Girsanov's theorem.

• Journal of Magnetics
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• v.9 no.4
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• pp.97-100
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• 2004

In the present work exchange coupling between ultrathin Fe ($8{\AA}$) and Tb ($12{\AA}$) layers separated by Au spacer of varied thickness ($3-20{\AA}$) was studied. Anomalous Hall effect measurements showed weakly damped oscillating dependence of the Hall conductivity as a function of Au spacer thickness. Disagreement of the observed damping with the RKKY model of interlayer exchange coupling was explained by the influence of external magnetic field on the behaviour of exchange coupling oscillations. It was confirmed by Hall-like effect measurements at zero applied magnetic field and also illustrated by corresponding estimations.

• East Asian mathematical journal
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• v.37 no.1
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• pp.79-85
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• 2021

In this paper, we investigate the valuation of vulnerable exchange option that has credit risk of option issuer. The reduced-form model is used to model credit risk. We assume that credit event is determined by the jump of the counting process with stochastic intensity, which follows the mean reverting process. We propose a simple approach to derive the closed-form pricing formula of vulnerable exchange option under the reduced-form model and provide the pricing formula as the standard normal cumulative function.

• Journal of the Korea Institute of Information Security & Cryptology
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• v.16 no.6
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• pp.73-80
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• 2006

Recently, Sun et el. proposed a three-party authenticated key exchange protocol using the public key of the server and the derived verifier from the Password of a user. This paper proposes a password-based three-party authenticated key exchange protocol using smartcards. Since the proposed protocol has very low computation cost by using XOR and hash function operation instead of the public key operation, and reduces the count of message transmission to 20% compared with the protocol of Sun et el., it can execute an effective authenticated key exchange. Furthermore, the proposed protocol is safe from password guessing attack by not saving passwords in the server, and it is also safe from server compromise attack because the server cannot know the shared session key between the two users.

• Journal of the Korean Magnetic Resonance Society
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• v.2 no.1
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• pp.33-40
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• 1998

The cross peak intensities versus mixing times of 2D NOESY spectrum for a corepressor L-trp were simulated for the case of a ligand exchanging between free (AX) and bound (A'X') forms in protein/DNA complex. The direct NOE (I(AX)) of the free ligand exhibited a small positive intensity indicative of the strong dominant influence of the bound ligand. The exchange-mediated NOE peak (I(AX')) was very sensitive to corepressor exchange. However, both diagonal (I(A'A')) and direct NOE (I(A'X')) intensities of the bound ligand were not affected much at initial stage. Both peaks were severely influenced by exchange at mixing times of greater than 100 ms. In conclusion, since the NOE intensity is a function of exchange rate, the exchange effect should be considered to properly extract accurate distance information for bound ligand in the presence of conformational exchange.

• Korean Journal of Community Nutrition
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• v.16 no.6
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• pp.647-660
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• 2011

The purpose of this study was to investigate effects of nutrition education program and pamphlet for the lower grades elementary students focused on individual daily needed food exchange units using Food Exchange System. Program consisted of four lessons (40 min/lesson), "5 major nutrients & function", "6 food group and sources", "daily needed food exchange units for normal body weight", and "smart snack choice and exercise". Pamphlet as activity book was developed for the program. The subjects were 3rd grade elementary students (educated group, 31 vs. non-educated group, 31). Educated group were lessoned as group and/or individual. We examined the differences in nutrition knowledge, dietary attitudes, dietary intakes and satisfaction of the program and pamphlet. In educated group, there were positive improvements on nutrition knowledge score "function and foods of 5 nutrients" and on dietary attitudes "type of breakfast and snacks". In the evaluation of dietary intakes according to KDRI, there were positive improvements on intakes level of riboflavin, vit. C, folate, Ca, P, Fe and Zn in educated group. In satisfaction with the program and pamphlet, contents, font size, visual, figure, difficulty and program curriculum were over 2.90/3.0. It showed that the developed nutrition education program and pamphlet focused on individual daily needed food exchange units using Food Exchange System improved nutrition knowledge, dietary attitudes and nutrients intake level in the lower grades elementary students.

• The Journal of Asian Finance, Economics and Business
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• v.7 no.10
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• pp.543-553
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• 2020

This paper examines the effect of COVID-19 pandemic on the Philippine stock exchange, peso-dollar rate and retail price of diesel using robust least squares regression and vector autoregression (VAR). The robust least squares regression using MM-estimation method concluded that COVID-19 daily infection has negative and statistically significant effect on the Philippine stock exchange index, peso-dollar exchange rate and retail pump price of diesel. This is consistent with the results of correlation diagnostics. As for the VAR model, the lag values of the independent variable disclose significance in explaining the Philippine stock exchange index, peso-dollar exchange rate and retail pump price of diesel. Moreover, in the short run, the impulse response function confirmed relative effect of COVID-19 daily infections and the variance decomposition divulge that COVID-19 daily infections have accounted for only minor portion in explaining fluctuations of the Philippine stock exchange index, peso-dollar exchange and retail pump price of diesel. In the long term, the influence levels off. The Granger causality test suggests that COVID-19 daily infections cause changes in the Philippine stock exchange index and peso-dollar exchange rate in the short run. However, COVID-19 infection has no causal link with retail pump price of diesel.

• Journal of environmental and Sanitary engineering
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• v.23 no.1
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• pp.67-72
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• 2008

Ion exchange performance to remove Ammonium in water was studied using commercially available strong acidic cationic exchange resin of $Na^+$ type in the batch and continuous column reactors. The performance was tested using the effluent concentration histories for continuous column or equilibrium concentrations for batch reactor as a function of time until resins were exhausted or reached ionic equilibrium between resin and solution. The results shoed that cationic exchange resin used in this study was more effective than activated carbon or zeolite for ammonium removal. Ammonium removal with the ion exchange resin temperature to be high qualitative recording minuteness but increases about seasonal change of temperature was judged with the public law where the adaptability is excellent. When the pH comes to be high at 11 degree, the ammonium was not effectively removed.

• The Journal of Korean Institute of Communications and Information Sciences
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• v.21 no.10
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• pp.2605-2619
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• 1996

In this paper, we evaluated performance of mobile exchange control part. Queueing network model is used for modeling of mobile exchange control part. We developed a call control processing and location registration scenartio which has a message exchange function between processors in mobile exchange control part. A network symbol are used the simulation models that are composed of the initialization module, message generation module, message routing module, message processing module, message generation module, HIPC network processing module, output analysis module. as a result of computer simulation, we obtain the processor utilization, the mean queue length, the mean waiting time of control part based on call processing and location registration capacity. The call processing and location registration capacity is referred by thenumber of call attempts in the mobile exchange and must be satisfied with the quality of service(delay time).

• Bulletin of the Korean Chemical Society
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• v.7 no.2
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• pp.124-129
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• 1986

The effects of molecular attraction and orientations for the energy mismatch variance, vibrational energy level and double-quantum transition, in the vibration-vibration energy exchange, have been considered. The contribution of molecular attraction increases the exchange rate of the purely repulsive interaction, in general, significantly, but which becomes smaller as the temperature is increased. As the energy mismatch is increased, its contribution is also increased, but which is small. However, its contribution for the double-quantum transition is very paramount. At each orientation, the exchange rate constants have been calculated and compared with the results for rotational average, and it is found that the exchange rate is a strong function of the orientation angles of colliding molecules. We have also discussed about the system having the strong interaction such as the hydrogen bond, and it is found that for this system the preferred orientation should be considered in order to calculate the exchange rates.