id	sid	tid	token	lemma	pos
fsr-3836	1	1	pii	pii	PROPN
fsr-3836	1	2	:	:	PUNCT
fsr-3836	1	3	s1057	s1057	NOUN
fsr-3836	1	4	-	-	PUNCT
fsr-3836	1	5	0810(97)90005	0810(97)90005	NUM
fsr-3836	1	6	-	-	SYM
fsr-3836	1	7	6	6	NUM
fsr-3836	1	8	i	i	PRON
fsr-3836	1	9	i	i	PROPN
fsr-3836	1	10	financial	financial	PROPN
fsr-3836	1	11	services	service	NOUN
fsr-3836	1	12	review	review	PROPN
fsr-3836	1	13	,	,	PUNCT
fsr-3836	1	14	6(4	6(4	NUM
fsr-3836	1	15	):	):	PUNCT
fsr-3836	1	16	271	271	NUM
fsr-3836	1	17	-	-	SYM
fsr-3836	1	18	284	284	NUM
fsr-3836	1	19	copyright	copyright	NOUN
fsr-3836	1	20	0	0	NUM
fsr-3836	1	21	1997	1997	NUM
fsr-3836	1	22	by	by	ADP
fsr-3836	1	23	jai	jai	PROPN
fsr-3836	1	24	press	press	PROPN
fsr-3836	1	25	inc	inc	PROPN
fsr-3836	1	26	.	.	PROPN
fsr-3836	1	27	issn	issn	PROPN
fsr-3836	1	28	:	:	PUNCT
fsr-3836	1	29	1057	1057	NUM
fsr-3836	1	30	-	-	SYM
fsr-3836	1	31	0810	0810	NUM
fsr-3836	1	32	all	all	DET
fsr-3836	1	33	rights	right	NOUN
fsr-3836	1	34	of	of	ADP
fsr-3836	1	35	reproduction	reproduction	NOUN
fsr-3836	1	36	in	in	ADP
fsr-3836	1	37	any	any	DET
fsr-3836	1	38	form	form	NOUN
fsr-3836	1	39	reserved	reserve	VERB
fsr-3836	1	40	.	.	PUNCT
fsr-3836	2	1	i	i	PRON
fsr-3836	2	2	i	i	PRON
fsr-3836	3	1	the	the	DET
fsr-3836	3	2	optimal	optimal	ADJ
fsr-3836	3	3	choice	choice	NOUN
fsr-3836	3	4	of	of	ADP
fsr-3836	3	5	index	index	NOUN
fsr-3836	3	6	-	-	PUNCT
fsr-3836	3	7	linked	link	VERB
fsr-3836	3	8	gics	gic	NOUN
fsr-3836	3	9	:	:	PUNCT
fsr-3836	3	10	some	some	DET
fsr-3836	3	11	canadian	canadian	ADJ
fsr-3836	3	12	evidence	evidence	NOUN
fsr-3836	3	13	moshe	moshe	PROPN
fsr-3836	3	14	arye	arye	PROPN
fsr-3836	3	15	milevsky	milevsky	PROPN
fsr-3836	3	16	sharon	sharon	PROPN
fsr-3836	3	17	kim	kim	PROPN
fsr-3836	3	18	indexed	indexed	PROPN
fsr-3836	3	19	linked	link	VERB
fsr-3836	3	20	guaranteed	guarantee	VERB
fsr-3836	3	21	investment	investment	NOUN
fsr-3836	3	22	certificates	certificate	NOUN
fsr-3836	3	23	(	(	PUNCT
fsr-3836	3	24	ilgics	ilgic	NOUN
fsr-3836	3	25	)	)	PUNCT
fsr-3836	3	26	,	,	PUNCT
fsr-3836	3	27	also	also	ADV
fsr-3836	3	28	known	know	VERB
fsr-3836	3	29	as	as	ADP
fsr-3836	3	30	equity	equity	NOUN
fsr-3836	3	31	linked	link	VERB
fsr-3836	3	32	term	term	NOUN
fsr-3836	3	33	deposits	deposit	NOUN
fsr-3836	3	34	,	,	PUNCT
fsr-3836	3	35	have	have	AUX
fsr-3836	3	36	become	become	VERB
fsr-3836	3	37	quite	quite	ADV
fsr-3836	3	38	popular	popular	ADJ
fsr-3836	3	39	over	over	ADP
fsr-3836	3	40	the	the	DET
fsr-3836	3	41	last	last	ADJ
fsr-3836	3	42	few	few	ADJ
fsr-3836	3	43	years	year	NOUN
fsr-3836	3	44	.	.	PUNCT
fsr-3836	4	1	from	from	ADP
fsr-3836	4	2	the	the	DET
fsr-3836	4	3	con	con	PROPN
fsr-3836	4	4	sumer	sumer	PROPN
fsr-3836	4	5	’s	’s	PART
fsr-3836	4	6	point	point	NOUN
fsr-3836	4	7	of	of	ADP
fsr-3836	4	8	view	view	NOUN
fsr-3836	4	9	,	,	PUNCT
fsr-3836	4	10	there	there	PRON
fsr-3836	4	11	are	be	VERB
fsr-3836	4	12	two	two	NUM
fsr-3836	4	13	basic	basic	ADJ
fsr-3836	4	14	categories	category	NOUN
fsr-3836	4	15	of	of	ADP
fsr-3836	4	16	indexed	index	VERB
fsr-3836	4	17	linked	link	VERB
fsr-3836	4	18	gig	gig	NOUN
fsr-3836	4	19	,	,	PUNCT
fsr-3836	4	20	the	the	DET
fsr-3836	4	21	capped	capped	ADJ
fsr-3836	4	22	ilgic	ilgic	NOUN
fsr-3836	4	23	and	and	CCONJ
fsr-3836	4	24	the	the	DET
fsr-3836	4	25	participating	participate	VERB
fsr-3836	4	26	ilgic	ilgic	NOUN
fsr-3836	4	27	.	.	PUNCT
fsr-3836	5	1	this	this	DET
fsr-3836	5	2	paper	paper	NOUN
fsr-3836	5	3	compares	compare	VERB
fsr-3836	5	4	the	the	DET
fsr-3836	5	5	relative	relative	ADJ
fsr-3836	5	6	value	value	NOUN
fsr-3836	5	7	and	and	CCONJ
fsr-3836	5	8	appeal	appeal	NOUN
fsr-3836	5	9	of	of	ADP
fsr-3836	5	10	the	the	DET
fsr-3836	5	11	two	two	NUM
fsr-3836	5	12	ilgic	ilgic	NOUN
fsr-3836	5	13	products	product	NOUN
fsr-3836	5	14	from	from	ADP
fsr-3836	5	15	the	the	DET
fsr-3836	5	16	perspective	perspective	NOUN
fsr-3836	5	17	of	of	ADP
fsr-3836	5	18	the	the	DET
fsr-3836	5	19	individual	individual	ADJ
fsr-3836	5	20	investor	investor	NOUN
fsr-3836	5	21	,	,	PUNCT
fsr-3836	5	22	using	use	VERB
fsr-3836	5	23	valuation	valuation	NOUN
fsr-3836	5	24	techniques	technique	NOUN
fsr-3836	5	25	from	from	ADP
fsr-3836	5	26	option	option	NOUN
fsr-3836	5	27	pricing	pricing	NOUN
fsr-3836	5	28	theory	theory	NOUN
fsr-3836	5	29	.	.	PUNCT
fsr-3836	6	1	we	we	PRON
fsr-3836	6	2	compute	compute	VERB
fsr-3836	6	3	the	the	DET
fsr-3836	6	4	value	value	NOUN
fsr-3836	6	5	per	per	ADP
fsr-3836	6	6	pre	pre	X
fsr-3836	6	7	mium	mium	NOUN
fsr-3836	6	8	dollar	dollar	NOUN
fsr-3836	6	9	invested	invest	VERB
fsr-3836	6	10	in	in	ADP
fsr-3836	6	11	an	an	DET
fsr-3836	6	12	ilgic	ilgic	NOUN
fsr-3836	6	13	.	.	PUNCT
fsr-3836	7	1	our	our	PRON
fsr-3836	7	2	main	main	ADJ
fsr-3836	7	3	conclusions	conclusion	NOUN
fsr-3836	7	4	are	be	AUX
fsr-3836	7	5	that	that	SCONJ
fsr-3836	7	6	ilgics	ilgic	NOUN
fsr-3836	7	7	become	become	VERB
fsr-3836	7	8	less	less	ADV
fsr-3836	7	9	attractive	attractive	ADJ
fsr-3836	7	10	the	the	PRON
fsr-3836	7	11	longer	long	ADV
fsr-3836	7	12	the	the	DET
fsr-3836	7	13	time	time	NOUN
fsr-3836	7	14	horizon	horizon	NOUN
fsr-3836	7	15	of	of	ADP
fsr-3836	7	16	the	the	DET
fsr-3836	7	17	investor	investor	NOUN
fsr-3836	7	18	.	.	PUNCT
fsr-3836	8	1	in	in	ADP
fsr-3836	8	2	addition	addition	NOUN
fsr-3836	8	3	,	,	PUNCT
fsr-3836	8	4	participating	participate	VERB
fsr-3836	8	5	ilglcs	ilglcs	NOUN
fsr-3836	8	6	are	be	AUX
fsr-3836	8	7	preferable	preferable	ADJ
fsr-3836	8	8	to	to	ADP
fsr-3836	8	9	capped	cap	VERB
fsr-3836	8	10	ilgics	ilgic	NOUN
fsr-3836	8	11	for	for	ADP
fsr-3836	8	12	short	short	ADJ
fsr-3836	8	13	-	-	PUNCT
fsr-3836	8	14	term	term	NOUN
fsr-3836	8	15	maturities	maturity	NOUN
fsr-3836	8	16	and	and	CCONJ
fsr-3836	8	17	vice	vice	NOUN
fsr-3836	8	18	versa	versa	ADV
fsr-3836	8	19	for	for	ADP
fsr-3836	8	20	longer	long	ADJ
fsr-3836	8	21	maturities	maturity	NOUN
fsr-3836	8	22	.	.	PUNCT
fsr-3836	9	1	a	a	DET
fsr-3836	9	2	detailed	detailed	ADJ
fsr-3836	9	3	analysis	analysis	NOUN
fsr-3836	9	4	of	of	ADP
fsr-3836	9	5	two	two	NUM
fsr-3836	9	6	particular	particular	ADJ
fsr-3836	9	7	canadian	canadian	ADJ
fsr-3836	9	8	products	product	NOUN
fsr-3836	9	9	is	be	AUX
fsr-3836	9	10	provided	provide	VERB
fsr-3836	9	11	as	as	ADP
fsr-3836	9	12	an	an	DET
fsr-3836	9	13	application	application	NOUN
fsr-3836	9	14	of	of	ADP
fsr-3836	9	15	the	the	DET
fsr-3836	9	16	basic	basic	ADJ
fsr-3836	9	17	concepts	concept	NOUN
fsr-3836	9	18	.	.	PUNCT
fsr-3836	10	1	we	we	PRON
fsr-3836	10	2	conclude	conclude	VERB
fsr-3836	10	3	by	by	ADP
fsr-3836	10	4	demonstrating	demonstrate	VERB
fsr-3836	10	5	that	that	SCONJ
fsr-3836	10	6	values	value	NOUN
fsr-3836	10	7	per	per	ADP
fsr-3836	10	8	pre	pre	X
fsr-3836	10	9	mium	mium	NOUN
fsr-3836	10	10	dollar	dollar	NOUN
fsr-3836	10	11	range	range	VERB
fsr-3836	10	12	from	from	ADP
fsr-3836	10	13	94	94	NUM
fsr-3836	10	14	%	%	NOUN
fsr-3836	10	15	98	98	NUM
fsr-3836	10	16	%	%	NOUN
fsr-3836	10	17	.	.	PUNCT
fsr-3836	11	1	corresponding	correspond	VERB
fsr-3836	11	2	to	to	ADP
fsr-3836	11	3	a	a	DET
fsr-3836	11	4	2%~6	2%~6	NUM
fsr-3836	11	5	%	%	NOUN
fsr-3836	11	6	total	total	ADJ
fsr-3836	11	7	expense	expense	NOUN
fsr-3836	11	8	ratio	ratio	NOUN
fsr-3836	11	9	on	on	ADP
fsr-3836	11	10	index	index	NOUN
fsr-3836	11	11	linked	link	VERB
fsr-3836	11	12	gics	gic	NOUN
fsr-3836	11	13	.	.	PUNCT
fsr-3836	12	1	i.	i.	NOUN
fsr-3836	12	2	introduction	introduction	NOUN
fsr-3836	12	3	with	with	ADP
fsr-3836	12	4	the	the	DET
fsr-3836	12	5	general	general	ADJ
fsr-3836	12	6	decline	decline	NOUN
fsr-3836	12	7	in	in	ADP
fsr-3836	12	8	the	the	DET
fsr-3836	12	9	level	level	NOUN
fsr-3836	12	10	of	of	ADP
fsr-3836	12	11	interest	interest	NOUN
fsr-3836	12	12	rates	rate	NOUN
fsr-3836	12	13	,	,	PUNCT
fsr-3836	12	14	indexed	index	VERB
fsr-3836	12	15	linked	link	VERB
fsr-3836	12	16	guaranteed	guarantee	VERB
fsr-3836	12	17	invest	inv	ADJ
fsr-3836	12	18	ment	ment	NOUN
fsr-3836	12	19	certificates	certificate	NOUN
fsr-3836	12	20	(	(	PUNCT
fsr-3836	12	21	ilgics	ilgic	NOUN
fsr-3836	12	22	)	)	PUNCT
fsr-3836	12	23	have	have	AUX
fsr-3836	12	24	become	become	VERB
fsr-3836	12	25	extremely	extremely	ADV
fsr-3836	12	26	popular	popular	ADJ
fsr-3836	12	27	over	over	ADP
fsr-3836	12	28	the	the	DET
fsr-3836	12	29	past	past	ADJ
fsr-3836	12	30	few	few	ADJ
fsr-3836	12	31	years	year	NOUN
fsr-3836	12	32	.	.	PUNCT
fsr-3836	13	1	every	every	DET
fsr-3836	13	2	one	one	NUM
fsr-3836	13	3	of	of	ADP
fsr-3836	13	4	the	the	DET
fsr-3836	13	5	six	six	NUM
fsr-3836	13	6	(	(	PUNCT
fsr-3836	13	7	major	major	ADJ
fsr-3836	13	8	)	)	PUNCT
fsr-3836	13	9	canadian	canadian	ADJ
fsr-3836	13	10	banks	bank	NOUN
fsr-3836	13	11	offers	offer	VERB
fsr-3836	13	12	a	a	DET
fsr-3836	13	13	variant	variant	NOUN
fsr-3836	13	14	on	on	ADP
fsr-3836	13	15	this	this	DET
fsr-3836	13	16	product	product	NOUN
fsr-3836	13	17	.	.	PUNCT
fsr-3836	14	1	an	an	DET
fsr-3836	14	2	ilgic	ilgic	NOUN
fsr-3836	14	3	(	(	PUNCT
fsr-3836	14	4	in	in	ADP
fsr-3836	14	5	the	the	DET
fsr-3836	14	6	u.s	u.s	PROPN
fsr-3836	14	7	.	.	PROPN
fsr-3836	14	8	,	,	PUNCT
fsr-3836	14	9	an	an	DET
fsr-3836	14	10	equity	equity	NOUN
fsr-3836	14	11	enhanced	enhance	VERB
fsr-3836	14	12	certificate	certificate	NOUN
fsr-3836	14	13	of	of	ADP
fsr-3836	14	14	deposit	deposit	NOUN
fsr-3836	14	15	or	or	CCONJ
fsr-3836	14	16	equity	equity	NOUN
fsr-3836	14	17	indexed	index	VERB
fsr-3836	14	18	annuity	annuity	NOUN
fsr-3836	14	19	)	)	PUNCT
fsr-3836	14	20	is	be	AUX
fsr-3836	14	21	a	a	DET
fsr-3836	14	22	retail	retail	ADJ
fsr-3836	14	23	sav	sav	PROPN
fsr-3836	14	24	ings	ing	NOUN
fsr-3836	14	25	vehicle	vehicle	NOUN
fsr-3836	14	26	,	,	PUNCT
fsr-3836	14	27	similar	similar	ADJ
fsr-3836	14	28	to	to	ADP
fsr-3836	14	29	a	a	DET
fsr-3836	14	30	term	term	NOUN
fsr-3836	14	31	deposit	deposit	NOUN
fsr-3836	14	32	,	,	PUNCT
fsr-3836	14	33	with	with	ADP
fsr-3836	14	34	an	an	DET
fsr-3836	14	35	interest	interest	NOUN
fsr-3836	14	36	rate	rate	NOUN
fsr-3836	14	37	that	that	PRON
fsr-3836	14	38	is	be	AUX
fsr-3836	14	39	linked	link	VERB
fsr-3836	14	40	to	to	ADP
fsr-3836	14	41	a	a	DET
fsr-3836	14	42	diversified	diversify	VERB
fsr-3836	14	43	stock	stock	NOUN
fsr-3836	14	44	index	index	NOUN
fsr-3836	14	45	.	.	PUNCT
fsr-3836	15	1	upon	upon	SCONJ
fsr-3836	15	2	maturity	maturity	NOUN
fsr-3836	15	3	of	of	ADP
fsr-3836	15	4	the	the	DET
fsr-3836	15	5	product	product	NOUN
fsr-3836	15	6	,	,	PUNCT
fsr-3836	15	7	the	the	DET
fsr-3836	15	8	total	total	NOUN
fsr-3836	15	9	is	be	AUX
fsr-3836	15	10	determined	determine	VERB
fsr-3836	15	11	based	base	VERB
fsr-3836	15	12	on	on	ADP
fsr-3836	15	13	the	the	DET
fsr-3836	15	14	perfor	perfor	PROPN
fsr-3836	15	15	mance	mance	NOUN
fsr-3836	15	16	of	of	ADP
fsr-3836	15	17	the	the	DET
fsr-3836	15	18	underlying	underlying	ADJ
fsr-3836	15	19	index	index	NOUN
fsr-3836	15	20	over	over	ADP
fsr-3836	15	21	the	the	DET
fsr-3836	15	22	pre	pre	ADJ
fsr-3836	15	23	-	-	ADJ
fsr-3836	15	24	specified	specified	ADJ
fsr-3836	15	25	term	term	NOUN
fsr-3836	15	26	.	.	PUNCT
fsr-3836	16	1	within	within	ADP
fsr-3836	16	2	the	the	DET
fsr-3836	16	3	family	family	NOUN
fsr-3836	16	4	of	of	ADP
fsr-3836	16	5	products	product	NOUN
fsr-3836	16	6	available	available	ADJ
fsr-3836	16	7	to	to	ADP
fsr-3836	16	8	the	the	DET
fsr-3836	16	9	consumer	consumer	NOUN
fsr-3836	16	10	,	,	PUNCT
fsr-3836	16	11	there	there	PRON
fsr-3836	16	12	are	be	VERB
fsr-3836	16	13	two	two	NUM
fsr-3836	16	14	basic	basic	ADJ
fsr-3836	16	15	structures	structure	NOUN
fsr-3836	16	16	of	of	ADP
fsr-3836	16	17	ilgics	ilgic	NOUN
fsr-3836	16	18	,	,	PUNCT
fsr-3836	16	19	namely	namely	ADV
fsr-3836	16	20	the	the	DET
fsr-3836	16	21	capped	cap	VERB
fsr-3836	16	22	ilgic	ilgic	NOUN
fsr-3836	16	23	(	(	PUNCT
fsr-3836	16	24	c	c	NOUN
fsr-3836	16	25	-	-	NOUN
fsr-3836	16	26	ilgic	ilgic	NOUN
fsr-3836	16	27	)	)	PUNCT
fsr-3836	16	28	and	and	CCONJ
fsr-3836	16	29	the	the	DET
fsr-3836	16	30	participating	participate	VERB
fsr-3836	16	31	ilgic	ilgic	NOUN
fsr-3836	16	32	(	(	PUNCT
fsr-3836	16	33	p	p	NOUN
fsr-3836	16	34	-	-	PUNCT
fsr-3836	16	35	ilgic	ilgic	NOUN
fsr-3836	16	36	)	)	PUNCT
fsr-3836	16	37	.	.	PUNCT
fsr-3836	17	1	the	the	DET
fsr-3836	17	2	c	c	NOUN
fsr-3836	17	3	-	-	PUNCT
fsr-3836	17	4	ilgic	ilgic	NOUN
fsr-3836	17	5	allows	allow	VERB
fsr-3836	17	6	the	the	DET
fsr-3836	17	7	holder	holder	NOUN
fsr-3836	17	8	to	to	PART
fsr-3836	17	9	participate	participate	VERB
fsr-3836	17	10	in	in	ADP
fsr-3836	17	11	any	any	DET
fsr-3836	17	12	upward	upward	ADJ
fsr-3836	17	13	movement	movement	NOUN
fsr-3836	17	14	in	in	ADP
fsr-3836	17	15	the	the	DET
fsr-3836	17	16	underlying	underlie	VERB
fsr-3836	17	17	stock	stock	NOUN
fsr-3836	17	18	index	index	NOUN
fsr-3836	17	19	,	,	PUNCT
fsr-3836	17	20	up	up	ADP
fsr-3836	17	21	to	to	ADP
fsr-3836	17	22	a	a	DET
fsr-3836	17	23	pre	pre	ADJ
fsr-3836	17	24	-	-	ADJ
fsr-3836	17	25	specified	specified	ADJ
fsr-3836	17	26	annual	annual	ADJ
fsr-3836	17	27	percentage	percentage	NOUN
fsr-3836	17	28	cap	cap	NOUN
fsr-3836	17	29	.	.	PUNCT
fsr-3836	18	1	the	the	DET
fsr-3836	18	2	p	p	NOUN
fsr-3836	18	3	-	-	PUNCT
fsr-3836	18	4	ilgic	ilgic	NOUN
fsr-3836	18	5	allows	allow	VERB
fsr-3836	18	6	the	the	DET
fsr-3836	18	7	holder	holder	NOUN
fsr-3836	18	8	to	to	ADP
fsr-3836	18	9	moshe	moshe	PROPN
fsr-3836	18	10	arye	arye	PROPN
fsr-3836	18	11	milevsky	milevsky	PROPN
fsr-3836	18	12	and	and	CCONJ
fsr-3836	18	13	sharon	sharon	PROPN
fsr-3836	18	14	kim	kim	PROPN
fsr-3836	18	15	l	l	PROPN
fsr-3836	18	16	schulich	schulich	PROPN
fsr-3836	18	17	school	school	NOUN
fsr-3836	18	18	of	of	ADP
fsr-3836	18	19	business	business	NOUN
fsr-3836	18	20	,	,	PUNCT
fsr-3836	18	21	york	york	PROPN
fsr-3836	18	22	university	university	PROPN
fsr-3836	18	23	,	,	PUNCT
fsr-3836	18	24	toronto	toronto	PROPN
fsr-3836	18	25	,	,	PUNCT
fsr-3836	18	26	ontario	ontario	PROPN
fsr-3836	18	27	,	,	PUNCT
fsr-3836	18	28	m3j	m3j	PROPN
fsr-3836	18	29	lp3	lp3	PROPN
fsr-3836	18	30	,	,	PUNCT
fsr-3836	18	31	canada	canada	PROPN
fsr-3836	18	32	;	;	PUNCT
fsr-3836	18	33	e	e	X
fsr-3836	18	34	-	-	NOUN
fsr-3836	18	35	mail	mail	NOUN
fsr-3836	18	36	:	:	PUNCT
fsr-3836	18	37	milevsky@yorku.ca	milevsky@yorku.ca	NOUN
fsr-3836	18	38	.	.	PUNCT
fsr-3836	19	1	272	272	NUM
fsr-3836	19	2	financial	financial	ADJ
fsr-3836	19	3	services	service	NOUN
fsr-3836	19	4	review	review	NOUN
fsr-3836	19	5	6(4	6(4	NUM
fsr-3836	19	6	)	)	PUNCT
fsr-3836	19	7	1997	1997	NUM
fsr-3836	19	8	participate	participate	VERB
fsr-3836	19	9	in	in	ADP
fsr-3836	19	10	a	a	DET
fsr-3836	19	11	fixed	fix	VERB
fsr-3836	19	12	fraction	fraction	NOUN
fsr-3836	19	13	of	of	ADP
fsr-3836	19	14	any	any	DET
fsr-3836	19	15	upward	upward	ADJ
fsr-3836	19	16	movement	movement	NOUN
fsr-3836	19	17	in	in	ADP
fsr-3836	19	18	the	the	DET
fsr-3836	19	19	underlying	underlie	VERB
fsr-3836	19	20	stock	stock	NOUN
fsr-3836	19	21	index	index	NOUN
fsr-3836	19	22	,	,	PUNCT
fsr-3836	19	23	with	with	ADP
fsr-3836	19	24	no	no	DET
fsr-3836	19	25	pre	pre	ADJ
fsr-3836	19	26	-	-	ADJ
fsr-3836	19	27	specified	specified	ADJ
fsr-3836	19	28	cap	cap	NOUN
fsr-3836	19	29	.	.	PUNCT
fsr-3836	20	1	both	both	DET
fsr-3836	20	2	c	c	NOUN
fsr-3836	20	3	-	-	PUNCT
fsr-3836	20	4	ilgics	ilgic	NOUN
fsr-3836	20	5	and	and	CCONJ
fsr-3836	20	6	p	p	NOUN
fsr-3836	20	7	-	-	PUNCT
fsr-3836	20	8	ilgics	ilgic	NOUN
fsr-3836	20	9	have	have	VERB
fsr-3836	20	10	an	an	DET
fsr-3836	20	11	implicit	implicit	ADJ
fsr-3836	20	12	guarantee	guarantee	NOUN
fsr-3836	20	13	of	of	ADP
fsr-3836	20	14	principal	principal	NOUN
fsr-3836	20	15	plus	plus	CCONJ
fsr-3836	20	16	minimal	minimal	ADJ
fsr-3836	20	17	interest	interest	NOUN
fsr-3836	20	18	.	.	PUNCT
fsr-3836	21	1	there	there	PRON
fsr-3836	21	2	are	be	VERB
fsr-3836	21	3	,	,	PUNCT
fsr-3836	21	4	however	however	ADV
fsr-3836	21	5	,	,	PUNCT
fsr-3836	21	6	some	some	DET
fsr-3836	21	7	products	product	NOUN
fsr-3836	21	8	available	available	ADJ
fsr-3836	21	9	that	that	PRON
fsr-3836	21	10	are	be	AUX
fsr-3836	21	11	both	both	PRON
fsr-3836	21	12	capped	cap	VERB
fsr-3836	21	13	and	and	CCONJ
fsr-3836	21	14	have	have	VERB
fsr-3836	21	15	partial	partial	ADJ
fsr-3836	21	16	participation	participation	NOUN
fsr-3836	21	17	.	.	PUNCT
fsr-3836	22	1	we	we	PRON
fsr-3836	22	2	will	will	AUX
fsr-3836	22	3	not	not	PART
fsr-3836	22	4	address	address	VERB
fsr-3836	22	5	them	they	PRON
fsr-3836	22	6	in	in	ADP
fsr-3836	22	7	this	this	DET
fsr-3836	22	8	paper	paper	NOUN
fsr-3836	22	9	,	,	PUNCT
fsr-3836	22	10	since	since	SCONJ
fsr-3836	22	11	they	they	PRON
fsr-3836	22	12	constitute	constitute	VERB
fsr-3836	22	13	a	a	DET
fsr-3836	22	14	very	very	ADV
fsr-3836	22	15	minor	minor	ADJ
fsr-3836	22	16	part	part	NOUN
fsr-3836	22	17	of	of	ADP
fsr-3836	22	18	the	the	DET
fsr-3836	22	19	market	market	NOUN
fsr-3836	22	20	.	.	PUNCT
fsr-3836	23	1	here	here	ADV
fsr-3836	23	2	is	be	AUX
fsr-3836	23	3	an	an	DET
fsr-3836	23	4	example	example	NOUN
fsr-3836	23	5	:	:	PUNCT
fsr-3836	23	6	bank	bank	PROPN
fsr-3836	23	7	c	c	PROPN
fsr-3836	23	8	offers	offer	VERB
fsr-3836	23	9	a	a	DET
fsr-3836	23	10	5	5	NUM
fsr-3836	23	11	-	-	PUNCT
fsr-3836	23	12	year	year	NOUN
fsr-3836	23	13	ilgic	ilgic	NOUN
fsr-3836	23	14	whose	whose	DET
fsr-3836	23	15	total	total	ADJ
fsr-3836	23	16	return	return	NOUN
fsr-3836	23	17	at	at	ADP
fsr-3836	23	18	maturity	maturity	NOUN
fsr-3836	23	19	will	will	AUX
fsr-3836	23	20	be	be	AUX
fsr-3836	23	21	the	the	DET
fsr-3836	23	22	greater	great	ADJ
fsr-3836	23	23	of	of	ADP
fsr-3836	23	24	5	5	NUM
fsr-3836	23	25	%	%	NOUN
fsr-3836	23	26	and	and	CCONJ
fsr-3836	23	27	the	the	DET
fsr-3836	23	28	net	net	ADJ
fsr-3836	23	29	return	return	NOUN
fsr-3836	23	30	(	(	PUNCT
fsr-3836	23	31	excluding	exclude	VERB
fsr-3836	23	32	dividends	dividend	NOUN
fsr-3836	23	33	)	)	PUNCT
fsr-3836	23	34	on	on	ADP
fsr-3836	23	35	the	the	DET
fsr-3836	23	36	sp500	sp500	PROPN
fsr-3836	23	37	index	index	NOUN
fsr-3836	23	38	,	,	PUNCT
fsr-3836	23	39	up	up	ADP
fsr-3836	23	40	to	to	ADP
fsr-3836	23	41	a	a	DET
fsr-3836	23	42	maximum	maximum	NOUN
fsr-3836	23	43	of	of	ADP
fsr-3836	23	44	60	60	NUM
fsr-3836	23	45	%	%	NOUN
fsr-3836	23	46	.	.	PUNCT
fsr-3836	24	1	this	this	DET
fsr-3836	24	2	product	product	NOUN
fsr-3836	24	3	is	be	AUX
fsr-3836	24	4	a	a	DET
fsr-3836	24	5	c	c	NOUN
fsr-3836	24	6	-	-	NOUN
fsr-3836	24	7	ilgic	ilgic	NOUN
fsr-3836	24	8	where	where	SCONJ
fsr-3836	24	9	the	the	DET
fsr-3836	24	10	floor	floor	NOUN
fsr-3836	24	11	is	be	AUX
fsr-3836	24	12	5	5	NUM
fsr-3836	24	13	%	%	NOUN
fsr-3836	24	14	and	and	CCONJ
fsr-3836	24	15	the	the	DET
fsr-3836	24	16	cap	cap	NOUN
fsr-3836	24	17	is	be	AUX
fsr-3836	24	18	60	60	NUM
fsr-3836	24	19	%	%	NOUN
fsr-3836	24	20	.	.	PUNCT
fsr-3836	25	1	likewise	likewise	ADV
fsr-3836	25	2	,	,	PUNCT
fsr-3836	25	3	bank	bank	NOUN
fsr-3836	25	4	p	p	NOUN
fsr-3836	25	5	offers	offer	VERB
fsr-3836	25	6	a	a	DET
fsr-3836	25	7	5	5	NUM
fsr-3836	25	8	-	-	PUNCT
fsr-3836	25	9	year	year	NOUN
fsr-3836	25	10	ilgic	ilgic	NOUN
fsr-3836	25	11	whose	whose	DET
fsr-3836	25	12	total	total	ADJ
fsr-3836	25	13	return	return	NOUN
fsr-3836	25	14	at	at	ADP
fsr-3836	25	15	maturity	maturity	NOUN
fsr-3836	25	16	will	will	AUX
fsr-3836	25	17	be	be	AUX
fsr-3836	25	18	the	the	DET
fsr-3836	25	19	greater	great	ADJ
fsr-3836	25	20	of	of	ADP
fsr-3836	25	21	3	3	NUM
fsr-3836	25	22	%	%	NOUN
fsr-3836	25	23	and	and	CCONJ
fsr-3836	25	24	80	80	NUM
fsr-3836	25	25	%	%	NOUN
fsr-3836	25	26	of	of	ADP
fsr-3836	25	27	the	the	DET
fsr-3836	25	28	net	net	ADJ
fsr-3836	25	29	return	return	NOUN
fsr-3836	25	30	(	(	PUNCT
fsr-3836	25	31	excluding	exclude	VERB
fsr-3836	25	32	dividends	dividend	NOUN
fsr-3836	25	33	)	)	PUNCT
fsr-3836	25	34	on	on	ADP
fsr-3836	25	35	the	the	DET
fsr-3836	25	36	sp500	sp500	PROPN
fsr-3836	25	37	index	index	NOUN
fsr-3836	25	38	.	.	PUNCT
fsr-3836	26	1	this	this	DET
fsr-3836	26	2	product	product	NOUN
fsr-3836	26	3	is	be	AUX
fsr-3836	26	4	a	a	DET
fsr-3836	26	5	p	p	NOUN
fsr-3836	26	6	-	-	PUNCT
fsr-3836	26	7	ilgic	ilgic	NOUN
fsr-3836	26	8	where	where	SCONJ
fsr-3836	26	9	the	the	DET
fsr-3836	26	10	floor	floor	NOUN
fsr-3836	26	11	is	be	AUX
fsr-3836	26	12	3	3	NUM
fsr-3836	26	13	%	%	NOUN
fsr-3836	26	14	and	and	CCONJ
fsr-3836	26	15	the	the	DET
fsr-3836	26	16	participation	participation	NOUN
fsr-3836	26	17	rate	rate	NOUN
fsr-3836	26	18	is	be	AUX
fsr-3836	26	19	80	80	NUM
fsr-3836	26	20	%	%	NOUN
fsr-3836	26	21	.	.	PUNCT
fsr-3836	27	1	at	at	ADP
fsr-3836	27	2	maturity	maturity	NOUN
fsr-3836	27	3	,	,	PUNCT
fsr-3836	27	4	if	if	SCONJ
fsr-3836	27	5	the	the	DET
fsr-3836	27	6	sp500	sp500	PROPN
fsr-3836	27	7	increases	increase	VERB
fsr-3836	27	8	by	by	ADP
fsr-3836	27	9	40	40	NUM
fsr-3836	27	10	%	%	NOUN
fsr-3836	27	11	over	over	ADP
fsr-3836	27	12	the	the	DET
fsr-3836	27	13	five	five	NUM
fsr-3836	27	14	year	year	NOUN
fsr-3836	27	15	term	term	NOUN
fsr-3836	27	16	,	,	PUNCT
fsr-3836	27	17	bank	bank	NOUN
fsr-3836	27	18	c	c	PROPN
fsr-3836	27	19	will	will	AUX
fsr-3836	27	20	allow	allow	VERB
fsr-3836	27	21	full	full	ADJ
fsr-3836	27	22	participation	participation	NOUN
fsr-3836	27	23	and	and	CCONJ
fsr-3836	27	24	credit	credit	NOUN
fsr-3836	27	25	the	the	DET
fsr-3836	27	26	account	account	NOUN
fsr-3836	27	27	interest	interest	NOUN
fsr-3836	27	28	in	in	ADP
fsr-3836	27	29	the	the	DET
fsr-3836	27	30	same	same	ADJ
fsr-3836	27	31	amount	amount	NOUN
fsr-3836	27	32	.	.	PUNCT
fsr-3836	28	1	on	on	ADP
fsr-3836	28	2	the	the	DET
fsr-3836	28	3	other	other	ADJ
fsr-3836	28	4	hand	hand	NOUN
fsr-3836	28	5	,	,	PUNCT
fsr-3836	28	6	bank	bank	NOUN
fsr-3836	28	7	p	p	NOUN
fsr-3836	28	8	will	will	AUX
fsr-3836	28	9	only	only	ADV
fsr-3836	28	10	credit	credit	VERB
fsr-3836	28	11	the	the	DET
fsr-3836	28	12	account	account	NOUN
fsr-3836	28	13	80	80	NUM
fsr-3836	28	14	%	%	NOUN
fsr-3836	28	15	of	of	ADP
fsr-3836	28	16	the	the	DET
fsr-3836	28	17	40	40	NUM
fsr-3836	28	18	%	%	NOUN
fsr-3836	28	19	increase	increase	NOUN
fsr-3836	28	20	,	,	PUNCT
fsr-3836	28	21	resulting	result	VERB
fsr-3836	28	22	in	in	ADP
fsr-3836	28	23	a	a	DET
fsr-3836	28	24	total	total	ADJ
fsr-3836	28	25	return	return	NOUN
fsr-3836	28	26	of	of	ADP
fsr-3836	28	27	32	32	NUM
fsr-3836	28	28	%	%	NOUN
fsr-3836	28	29	.	.	PUNCT
fsr-3836	29	1	in	in	ADP
fsr-3836	29	2	a	a	DET
fsr-3836	29	3	similar	similar	ADJ
fsr-3836	29	4	fashion	fashion	NOUN
fsr-3836	29	5	,	,	PUNCT
fsr-3836	29	6	if	if	SCONJ
fsr-3836	29	7	the	the	DET
fsr-3836	29	8	sp500	sp500	PROPN
fsr-3836	29	9	increases	increase	VERB
fsr-3836	29	10	by	by	ADP
fsr-3836	29	11	100	100	NUM
fsr-3836	29	12	%	%	NOUN
fsr-3836	29	13	over	over	ADP
fsr-3836	29	14	the	the	DET
fsr-3836	29	15	five	five	NUM
fsr-3836	29	16	year	year	NOUN
fsr-3836	29	17	term	term	NOUN
fsr-3836	29	18	,	,	PUNCT
fsr-3836	29	19	bank	bank	NOUN
fsr-3836	29	20	c	c	PROPN
fsr-3836	29	21	will	will	AUX
fsr-3836	29	22	cap	cap	VERB
fsr-3836	29	23	the	the	DET
fsr-3836	29	24	return	return	NOUN
fsr-3836	29	25	at	at	ADP
fsr-3836	29	26	60	60	NUM
fsr-3836	29	27	%	%	NOUN
fsr-3836	29	28	,	,	PUNCT
fsr-3836	29	29	while	while	SCONJ
fsr-3836	29	30	bank	bank	PROPN
fsr-3836	29	31	p	p	PROPN
fsr-3836	29	32	will	will	AUX
fsr-3836	29	33	credit	credit	VERB
fsr-3836	29	34	the	the	DET
fsr-3836	29	35	account	account	NOUN
fsr-3836	29	36	80	80	NUM
fsr-3836	29	37	%	%	NOUN
fsr-3836	29	38	of	of	ADP
fsr-3836	29	39	the	the	DET
fsr-3836	29	40	100	100	NUM
fsr-3836	29	41	%	%	NOUN
fsr-3836	29	42	increase	increase	NOUN
fsr-3836	29	43	,	,	PUNCT
fsr-3836	29	44	resulting	result	VERB
fsr-3836	29	45	in	in	ADP
fsr-3836	29	46	a	a	DET
fsr-3836	29	47	total	total	ADJ
fsr-3836	29	48	return	return	NOUN
fsr-3836	29	49	of	of	ADP
fsr-3836	29	50	80	80	NUM
fsr-3836	29	51	%	%	NOUN
fsr-3836	29	52	.	.	PUNCT
fsr-3836	30	1	figure	figure	NOUN
fsr-3836	30	2	1	1	NUM
fsr-3836	30	3	is	be	AUX
fsr-3836	30	4	a	a	DET
fsr-3836	30	5	graphical	graphical	ADJ
fsr-3836	30	6	representation	representation	NOUN
fsr-3836	30	7	of	of	ADP
fsr-3836	30	8	the	the	DET
fsr-3836	30	9	payoff	payoff	NOUN
fsr-3836	30	10	structure	structure	NOUN
fsr-3836	30	11	from	from	ADP
fsr-3836	30	12	both	both	DET
fsr-3836	30	13	types	type	NOUN
fsr-3836	30	14	of	of	ADP
fsr-3836	30	15	ilgics	ilgic	NOUN
fsr-3836	30	16	.	.	PUNCT
fsr-3836	31	1	the	the	DET
fsr-3836	31	2	horizontal	horizontal	ADJ
fsr-3836	31	3	axis	axis	NOUN
fsr-3836	31	4	is	be	AUX
fsr-3836	31	5	the	the	DET
fsr-3836	31	6	value	value	NOUN
fsr-3836	31	7	of	of	ADP
fsr-3836	31	8	the	the	DET
fsr-3836	31	9	underlying	underlying	ADJ
fsr-3836	31	10	index	index	NOUN
fsr-3836	31	11	at	at	ADP
fsr-3836	31	12	maturity	maturity	NOUN
fsr-3836	31	13	,	,	PUNCT
fsr-3836	31	14	denoted	denote	VERB
fsr-3836	31	15	by	by	ADP
fsr-3836	31	16	5	5	NUM
fsr-3836	31	17	,	,	PUNCT
fsr-3836	31	18	.	.	PUNCT
fsr-3836	32	1	the	the	DET
fsr-3836	32	2	vertical	vertical	ADJ
fsr-3836	32	3	axis	axis	NOUN
fsr-3836	32	4	represents	represent	VERB
fsr-3836	32	5	the	the	DET
fsr-3836	32	6	total	total	ADJ
fsr-3836	32	7	payoff	payoff	NOUN
fsr-3836	32	8	from	from	ADP
fsr-3836	32	9	the	the	DET
fsr-3836	32	10	ilgic	ilgic	NOUN
fsr-3836	32	11	.	.	PUNCT
fsr-3836	33	1	the	the	DET
fsr-3836	33	2	c	c	NOUN
fsr-3836	33	3	-	-	PUNCT
fsr-3836	33	4	ilgic	ilgic	NOUN
fsr-3836	33	5	has	have	VERB
fsr-3836	33	6	a	a	DET
fsr-3836	33	7	maximum	maximum	ADJ
fsr-3836	33	8	possible	possible	ADJ
fsr-3836	33	9	payoff	payoff	NOUN
fsr-3836	33	10	of	of	ADP
fsr-3836	33	11	exp(c7	exp(c7	NOUN
fsr-3836	33	12	)	)	PUNCT
fsr-3836	33	13	,	,	PUNCT
fsr-3836	33	14	where	where	SCONJ
fsr-3836	33	15	c	c	PROPN
fsr-3836	33	16	is	be	AUX
fsr-3836	33	17	the	the	DET
fsr-3836	33	18	continuously	continuously	ADV
fsr-3836	33	19	compounded	compound	VERB
fsr-3836	33	20	annualized	annualize	VERB
fsr-3836	33	21	cap	cap	NOUN
fsr-3836	33	22	rate	rate	NOUN
fsr-3836	33	23	and	and	CCONJ
fsr-3836	33	24	t	t	NOUN
fsr-3836	33	25	is	be	AUX
fsr-3836	33	26	the	the	DET
fsr-3836	33	27	maturity	maturity	NOUN
fsr-3836	33	28	of	of	ADP
fsr-3836	33	29	the	the	DET
fsr-3836	33	30	contract	contract	NOUN
fsr-3836	33	31	.	.	PUNCT
fsr-3836	34	1	the	the	DET
fsr-3836	34	2	minimum	minimum	ADJ
fsr-3836	34	3	guaranteed	guarantee	VERB
fsr-3836	34	4	payoff	payoff	NOUN
fsr-3836	34	5	from	from	ADP
fsr-3836	34	6	the	the	DET
fsr-3836	34	7	c	c	NOUN
fsr-3836	34	8	-	-	NOUN
fsr-3836	34	9	ilgic	ilgic	NOUN
fsr-3836	34	10	is	be	AUX
fsr-3836	34	11	exp(g	exp(g	PROPN
fsr-3836	34	12	,	,	PUNCT
fsr-3836	34	13	t	t	PROPN
fsr-3836	34	14	)	)	PUNCT
fsr-3836	34	15	,	,	PUNCT
fsr-3836	34	16	where	where	SCONJ
fsr-3836	34	17	g	g	NOUN
fsr-3836	34	18	,	,	PUNCT
fsr-3836	34	19	is	be	AUX
fsr-3836	34	20	the	the	DET
fsr-3836	34	21	continuously	continuously	ADV
fsr-3836	34	22	compounded	compound	VERB
fsr-3836	34	23	annualized	annualize	VERB
fsr-3836	34	24	floor	floor	NOUN
fsr-3836	34	25	.	.	PUNCT
fsr-3836	35	1	in	in	ADP
fsr-3836	35	2	contrast	contrast	NOUN
fsr-3836	35	3	,	,	PUNCT
fsr-3836	35	4	the	the	DET
fsr-3836	35	5	p	p	ADJ
fsr-3836	35	6	ilgic	ilgic	NOUN
fsr-3836	35	7	has	have	VERB
fsr-3836	35	8	no	no	DET
fsr-3836	35	9	maximum	maximum	ADJ
fsr-3836	35	10	payoff	payoff	NOUN
fsr-3836	35	11	,	,	PUNCT
fsr-3836	35	12	but	but	CCONJ
fsr-3836	35	13	the	the	DET
fsr-3836	35	14	slope	slope	NOUN
fsr-3836	35	15	of	of	ADP
fsr-3836	35	16	the	the	DET
fsr-3836	35	17	payoff	payoff	NOUN
fsr-3836	35	18	diagram	diagram	NOUN
fsr-3836	35	19	is	be	AUX
fsr-3836	35	20	reduced	reduce	VERB
fsr-3836	35	21	in	in	ADP
fsr-3836	35	22	propor	propor	ADJ
fsr-3836	35	23	figure	figure	NOUN
fsr-3836	35	24	1	1	NUM
fsr-3836	35	25	.	.	PUNCT
fsr-3836	36	1	ilgic	ilgic	NOUN
fsr-3836	36	2	payoffs	payoff	NOUN
fsr-3836	36	3	the	the	DET
fsr-3836	36	4	optimal	optimal	ADJ
fsr-3836	36	5	choice	choice	NOUN
fsr-3836	36	6	of	of	ADP
fsr-3836	36	7	index	index	NOUN
fsr-3836	36	8	-	-	PUNCT
fsr-3836	36	9	linked	link	VERB
fsr-3836	36	10	gzcs	gzcs	NOUN
fsr-3836	36	11	273	273	NUM
fsr-3836	36	12	tion	tion	NOUN
fsr-3836	36	13	to	to	ADP
fsr-3836	36	14	p	p	PRON
fsr-3836	36	15	,	,	PUNCT
fsr-3836	36	16	which	which	PRON
fsr-3836	36	17	is	be	AUX
fsr-3836	36	18	the	the	DET
fsr-3836	36	19	participation	participation	NOUN
fsr-3836	36	20	rate	rate	NOUN
fsr-3836	36	21	.	.	PUNCT
fsr-3836	37	1	once	once	ADV
fsr-3836	37	2	again	again	ADV
fsr-3836	37	3	,	,	PUNCT
fsr-3836	37	4	the	the	DET
fsr-3836	37	5	minimum	minimum	ADJ
fsr-3836	37	6	interest	interest	NOUN
fsr-3836	37	7	is	be	AUX
fsr-3836	37	8	exp(gj	exp(gj	ADJ
fsr-3836	37	9	)	)	PUNCT
fsr-3836	37	10	,	,	PUNCT
fsr-3836	37	11	where	where	SCONJ
fsr-3836	37	12	gp	gp	NOUN
fsr-3836	37	13	denotes	denote	VERB
fsr-3836	37	14	the	the	DET
fsr-3836	37	15	continuously	continuously	ADV
fsr-3836	37	16	compounded	compound	VERB
fsr-3836	37	17	annualized	annualize	VERB
fsr-3836	37	18	floor	floor	NOUN
fsr-3836	37	19	on	on	ADP
fsr-3836	37	20	the	the	DET
fsr-3836	37	21	p	p	NOUN
fsr-3836	37	22	-	-	PUNCT
fsr-3836	37	23	ilgic	ilgic	NOUN
fsr-3836	37	24	.	.	PUNCT
fsr-3836	38	1	note	note	VERB
fsr-3836	38	2	that	that	SCONJ
fsr-3836	38	3	although	although	SCONJ
fsr-3836	38	4	the	the	DET
fsr-3836	38	5	caps	cap	NOUN
fsr-3836	38	6	and	and	CCONJ
fsr-3836	38	7	floors	floor	NOUN
fsr-3836	38	8	are	be	AUX
fsr-3836	38	9	applicable	applicable	ADJ
fsr-3836	38	10	to	to	ADP
fsr-3836	38	11	the	the	DET
fsr-3836	38	12	entire	entire	ADJ
fsr-3836	38	13	term	term	NOUN
fsr-3836	38	14	of	of	ADP
fsr-3836	38	15	the	the	DET
fsr-3836	38	16	ilgic	ilgic	NOUN
fsr-3836	38	17	,	,	PUNCT
fsr-3836	38	18	the	the	DET
fsr-3836	38	19	figures	figure	NOUN
fsr-3836	38	20	are	be	AUX
fsr-3836	38	21	presented	present	VERB
fsr-3836	38	22	on	on	ADP
fsr-3836	38	23	an	an	DET
fsr-3836	38	24	annualized	annualize	VERB
fsr-3836	38	25	basis	basis	NOUN
fsr-3836	38	26	in	in	ADP
fsr-3836	38	27	order	order	NOUN
fsr-3836	38	28	to	to	PART
fsr-3836	38	29	facilitate	facilitate	VERB
fsr-3836	38	30	the	the	DET
fsr-3836	38	31	comparison	comparison	NOUN
fsr-3836	38	32	between	between	ADP
fsr-3836	38	33	products	product	NOUN
fsr-3836	38	34	with	with	ADP
fsr-3836	38	35	different	different	ADJ
fsr-3836	38	36	maturities	maturity	NOUN
fsr-3836	38	37	.	.	PUNCT
fsr-3836	39	1	with	with	ADP
fsr-3836	39	2	hindsight	hindsight	ADJ
fsr-3836	39	3	it	it	PRON
fsr-3836	39	4	is	be	AUX
fsr-3836	39	5	quite	quite	ADV
fsr-3836	39	6	obvious	obvious	ADJ
fsr-3836	39	7	which	which	PRON
fsr-3836	39	8	of	of	ADP
fsr-3836	39	9	the	the	DET
fsr-3836	39	10	two	two	NUM
fsr-3836	39	11	basic	basic	ADJ
fsr-3836	39	12	products	product	NOUN
fsr-3836	39	13	“	"	PUNCT
fsr-3836	39	14	was	be	AUX
fsr-3836	39	15	”	"	PUNCT
fsr-3836	39	16	better	well	ADJ
fsr-3836	39	17	.	.	PUNCT
fsr-3836	40	1	in	in	ADP
fsr-3836	40	2	practice	practice	NOUN
fsr-3836	40	3	,	,	PUNCT
fsr-3836	40	4	however	however	ADV
fsr-3836	40	5	;	;	PUNCT
fsr-3836	40	6	it	it	PRON
fsr-3836	40	7	is	be	AUX
fsr-3836	40	8	quite	quite	ADV
fsr-3836	40	9	difficult	difficult	ADJ
fsr-3836	40	10	to	to	PART
fsr-3836	40	11	choose	choose	VERB
fsr-3836	40	12	the	the	DET
fsr-3836	40	13	right	right	ADJ
fsr-3836	40	14	one	one	NUM
fsr-3836	40	15	ex	ex	NOUN
fsr-3836	40	16	-	-	NOUN
fsr-3836	40	17	ante	ante	NOUN
fsr-3836	40	18	.	.	PUNCT
fsr-3836	41	1	this	this	DET
fsr-3836	41	2	study	study	NOUN
fsr-3836	41	3	compares	compare	VERB
fsr-3836	41	4	the	the	DET
fsr-3836	41	5	relative	relative	ADJ
fsr-3836	41	6	value	value	NOUN
fsr-3836	41	7	and	and	CCONJ
fsr-3836	41	8	appeal	appeal	NOUN
fsr-3836	41	9	of	of	ADP
fsr-3836	41	10	the	the	DET
fsr-3836	41	11	two	two	NUM
fsr-3836	41	12	basic	basic	ADJ
fsr-3836	41	13	ilgic	ilgic	NOUN
fsr-3836	41	14	products	product	NOUN
fsr-3836	41	15	from	from	ADP
fsr-3836	41	16	the	the	DET
fsr-3836	41	17	perspective	perspective	NOUN
fsr-3836	41	18	of	of	ADP
fsr-3836	41	19	the	the	DET
fsr-3836	41	20	individual	individual	ADJ
fsr-3836	41	21	investor	investor	NOUN
fsr-3836	41	22	,	,	PUNCT
fsr-3836	41	23	zn	zn	PROPN
fsr-3836	41	24	addition	addition	NOUN
fsr-3836	41	25	we	we	PRON
fsr-3836	41	26	provide	provide	VERB
fsr-3836	41	27	a	a	DET
fsr-3836	41	28	methodology	methodology	NOUN
fsr-3836	41	29	for	for	ADP
fsr-3836	41	30	extracting	extract	VERB
fsr-3836	41	31	the	the	DET
fsr-3836	41	32	implicit	implicit	ADJ
fsr-3836	41	33	expense	expense	NOUN
fsr-3836	41	34	ratios	ratio	NOUN
fsr-3836	41	35	of	of	ADP
fsr-3836	41	36	the	the	DET
fsr-3836	41	37	two	two	NUM
fsr-3836	41	38	types	type	NOUN
fsr-3836	41	39	of	of	ADP
fsr-3836	41	40	ilgic	ilgic	NOUN
fsr-3836	41	41	.	.	PUNCT
fsr-3836	42	1	using	use	VERB
fsr-3836	42	2	concepts	concept	NOUN
fsr-3836	42	3	from	from	ADP
fsr-3836	42	4	option	option	NOUN
fsr-3836	42	5	pricing	pricing	NOUN
fsr-3836	42	6	theory	theory	NOUN
fsr-3836	42	7	,	,	PUNCT
fsr-3836	42	8	we	we	PRON
fsr-3836	42	9	are	be	AUX
fsr-3836	42	10	able	able	ADJ
fsr-3836	42	11	to	to	PART
fsr-3836	42	12	value	value	VERB
fsr-3836	42	13	both	both	DET
fsr-3836	42	14	types	type	NOUN
fsr-3836	42	15	of	of	ADP
fsr-3836	42	16	ilgic	ilgic	NOUN
fsr-3836	42	17	by	by	ADP
fsr-3836	42	18	decomposing	decompose	VERB
fsr-3836	42	19	their	their	PRON
fsr-3836	42	20	payoff	payoff	NOUN
fsr-3836	42	21	into	into	ADP
fsr-3836	42	22	a	a	DET
fsr-3836	42	23	zero	zero	NUM
fsr-3836	42	24	-	-	PUNCT
fsr-3836	42	25	coupon	coupon	NOUN
fsr-3836	42	26	bond	bond	NOUN
fsr-3836	42	27	and	and	CCONJ
fsr-3836	42	28	a	a	DET
fsr-3836	42	29	suitably	suitably	ADV
fsr-3836	42	30	parameterized	parameterized	ADJ
fsr-3836	42	31	collec	collec	NOUN
fsr-3836	42	32	tion	tion	NOUN
fsr-3836	42	33	of	of	ADP
fsr-3836	42	34	call	call	NOUN
fsr-3836	42	35	options	option	NOUN
fsr-3836	42	36	on	on	ADP
fsr-3836	42	37	the	the	DET
fsr-3836	42	38	underlying	underlie	VERB
fsr-3836	42	39	stock	stock	NOUN
fsr-3836	42	40	index	index	NOUN
fsr-3836	42	41	.	.	PUNCT
fsr-3836	43	1	these	these	DET
fsr-3836	43	2	values	value	NOUN
fsr-3836	43	3	apply	apply	VERB
fsr-3836	43	4	regardless	regardless	ADV
fsr-3836	43	5	of	of	ADP
fsr-3836	43	6	the	the	DET
fsr-3836	43	7	risk	risk	NOUN
fsr-3836	43	8	preferences	preference	NOUN
fsr-3836	43	9	of	of	ADP
fsr-3836	43	10	the	the	DET
fsr-3836	43	11	individual	individual	ADJ
fsr-3836	43	12	investor	investor	NOUN
fsr-3836	43	13	.	.	PUNCT
fsr-3836	44	1	the	the	DET
fsr-3836	44	2	intuition	intuition	NOUN
fsr-3836	44	3	behind	behind	ADP
fsr-3836	44	4	this	this	DET
fsr-3836	44	5	result	result	NOUN
fsr-3836	44	6	follows	follow	VERB
fsr-3836	44	7	from	from	ADP
fsr-3836	44	8	arbi	arbi	ADJ
fsr-3836	44	9	trage	trage	NOUN
fsr-3836	44	10	valuation	valuation	NOUN
fsr-3836	44	11	and	and	CCONJ
fsr-3836	44	12	is	be	AUX
fsr-3836	44	13	described	describe	VERB
fsr-3836	44	14	at	at	ADP
fsr-3836	44	15	length	length	NOUN
fsr-3836	44	16	in	in	ADP
fsr-3836	44	17	the	the	DET
fsr-3836	44	18	body	body	NOUN
fsr-3836	44	19	of	of	ADP
fsr-3836	44	20	the	the	DET
fsr-3836	44	21	paper	paper	NOUN
fsr-3836	44	22	.	.	PUNCT
fsr-3836	45	1	a	a	DET
fsr-3836	45	2	detailed	detailed	ADJ
fsr-3836	45	3	analysis	analysis	NOUN
fsr-3836	45	4	of	of	ADP
fsr-3836	45	5	two	two	NUM
fsr-3836	45	6	particular	particular	ADJ
fsr-3836	45	7	bank	bank	NOUN
fsr-3836	45	8	products	product	NOUN
fsr-3836	45	9	is	be	AUX
fsr-3836	45	10	provided	provide	VERB
fsr-3836	45	11	as	as	ADP
fsr-3836	45	12	an	an	DET
fsr-3836	45	13	application	application	NOUN
fsr-3836	45	14	of	of	ADP
fsr-3836	45	15	the	the	DET
fsr-3836	45	16	basic	basic	ADJ
fsr-3836	45	17	concepts	concept	NOUN
fsr-3836	45	18	.	.	PUNCT
fsr-3836	46	1	the	the	DET
fsr-3836	46	2	remainder	remainder	NOUN
fsr-3836	46	3	of	of	ADP
fsr-3836	46	4	this	this	DET
fsr-3836	46	5	study	study	NOUN
fsr-3836	46	6	is	be	AUX
fsr-3836	46	7	organized	organize	VERB
fsr-3836	46	8	as	as	SCONJ
fsr-3836	46	9	follows	follow	VERB
fsr-3836	46	10	:	:	PUNCT
fsr-3836	46	11	section	section	PROPN
fsr-3836	46	12	ii	ii	PROPN
fsr-3836	46	13	conducts	conduct	VERB
fsr-3836	46	14	a	a	DET
fsr-3836	46	15	brief	brief	ADJ
fsr-3836	46	16	litera	litera	PROPN
fsr-3836	46	17	ture	ture	PROPN
fsr-3836	46	18	review	review	PROPN
fsr-3836	46	19	of	of	ADP
fsr-3836	46	20	ilgics	ilgic	NOUN
fsr-3836	46	21	and	and	CCONJ
fsr-3836	46	22	then	then	ADV
fsr-3836	46	23	describes	describe	VERB
fsr-3836	46	24	the	the	DET
fsr-3836	46	25	particular	particular	ADJ
fsr-3836	46	26	ilgic	ilgic	NOUN
fsr-3836	46	27	products	product	NOUN
fsr-3836	46	28	available	available	ADJ
fsr-3836	46	29	in	in	ADP
fsr-3836	46	30	can	can	PROPN
fsr-3836	46	31	ada	ada	PROPN
fsr-3836	46	32	;	;	PUNCT
fsr-3836	46	33	section	section	NOUN
fsr-3836	46	34	iii	iii	PROPN
fsr-3836	46	35	develops	develop	VERB
fsr-3836	46	36	the	the	DET
fsr-3836	46	37	pricing	pricing	NOUN
fsr-3836	46	38	relationships	relationship	NOUN
fsr-3836	46	39	for	for	ADP
fsr-3836	46	40	the	the	DET
fsr-3836	46	41	two	two	NUM
fsr-3836	46	42	basic	basic	ADJ
fsr-3836	46	43	categories	category	NOUN
fsr-3836	46	44	of	of	ADP
fsr-3836	46	45	ilgics	ilgic	NOUN
fsr-3836	46	46	;	;	PUNCT
fsr-3836	46	47	section	section	NOUN
fsr-3836	46	48	iv	iv	NOUN
fsr-3836	46	49	presents	present	VERB
fsr-3836	46	50	a	a	DET
fsr-3836	46	51	numerical	numerical	ADJ
fsr-3836	46	52	example	example	NOUN
fsr-3836	46	53	of	of	ADP
fsr-3836	46	54	the	the	DET
fsr-3836	46	55	relative	relative	ADJ
fsr-3836	46	56	valuation	valuation	NOUN
fsr-3836	46	57	of	of	ADP
fsr-3836	46	58	the	the	DET
fsr-3836	46	59	two	two	NUM
fsr-3836	46	60	most	most	ADV
fsr-3836	46	61	popular	popular	ADJ
fsr-3836	46	62	bank	bank	NOUN
fsr-3836	46	63	products	product	NOUN
fsr-3836	46	64	,	,	PUNCT
fsr-3836	46	65	thus	thus	ADV
fsr-3836	46	66	extracting	extract	VERB
fsr-3836	46	67	the	the	DET
fsr-3836	46	68	embedded	embed	VERB
fsr-3836	46	69	expense	expense	NOUN
fsr-3836	46	70	ratios	ratio	NOUN
fsr-3836	46	71	;	;	PUNCT
fsr-3836	46	72	and	and	CCONJ
fsr-3836	46	73	section	section	NOUN
fsr-3836	46	74	v	v	NOUN
fsr-3836	46	75	concludes	conclude	VERB
fsr-3836	46	76	the	the	DET
fsr-3836	46	77	paper	paper	NOUN
fsr-3836	46	78	.	.	PUNCT
fsr-3836	47	1	ii	ii	PROPN
fsr-3836	47	2	.	.	PUNCT
fsr-3836	48	1	literature	literature	PROPN
fsr-3836	48	2	review	review	PROPN
fsr-3836	48	3	in	in	ADP
fsr-3836	48	4	an	an	DET
fsr-3836	48	5	introductory	introductory	ADJ
fsr-3836	48	6	study	study	NOUN
fsr-3836	48	7	geared	gear	VERB
fsr-3836	48	8	to	to	ADP
fsr-3836	48	9	the	the	DET
fsr-3836	48	10	individual	individual	ADJ
fsr-3836	48	11	investor	investor	NOUN
fsr-3836	48	12	,	,	PUNCT
fsr-3836	48	13	cohn	cohn	PROPN
fsr-3836	48	14	and	and	CCONJ
fsr-3836	48	15	edleson	edleson	NOUN
fsr-3836	48	16	(	(	PUNCT
fsr-3836	48	17	1993	1993	NUM
fsr-3836	48	18	)	)	PUNCT
fsr-3836	48	19	exam	exam	NOUN
fsr-3836	48	20	ine	ine	VERB
fsr-3836	48	21	the	the	DET
fsr-3836	48	22	basic	basic	ADJ
fsr-3836	48	23	features	feature	NOUN
fsr-3836	48	24	of	of	ADP
fsr-3836	48	25	ilgics	ilgic	NOUN
fsr-3836	48	26	.	.	PUNCT
fsr-3836	49	1	they	they	PRON
fsr-3836	49	2	discuss	discuss	VERB
fsr-3836	49	3	the	the	DET
fsr-3836	49	4	various	various	ADJ
fsr-3836	49	5	products	product	NOUN
fsr-3836	49	6	available	available	ADJ
fsr-3836	49	7	in	in	ADP
fsr-3836	49	8	the	the	DET
fsr-3836	49	9	u.s	u.s	PROPN
fsr-3836	49	10	.	.	PROPN
fsr-3836	49	11	market	market	NOUN
fsr-3836	49	12	at	at	ADP
fsr-3836	49	13	the	the	DET
fsr-3836	49	14	time	time	NOUN
fsr-3836	49	15	and	and	CCONJ
fsr-3836	49	16	identify	identify	VERB
fsr-3836	49	17	the	the	DET
fsr-3836	49	18	embedded	embed	VERB
fsr-3836	49	19	zero	zero	NUM
fsr-3836	49	20	-	-	PUNCT
fsr-3836	49	21	coupon	coupon	NOUN
fsr-3836	49	22	bond	bond	NOUN
fsr-3836	49	23	plus	plus	NOUN
fsr-3836	49	24	call	call	NOUN
fsr-3836	49	25	option	option	NOUN
fsr-3836	49	26	structure	structure	NOUN
fsr-3836	49	27	.	.	PUNCT
fsr-3836	50	1	they	they	PRON
fsr-3836	50	2	do	do	AUX
fsr-3836	50	3	not	not	PART
fsr-3836	50	4	,	,	PUNCT
fsr-3836	50	5	however	however	ADV
fsr-3836	50	6	,	,	PUNCT
fsr-3836	50	7	focus	focus	VERB
fsr-3836	50	8	on	on	ADP
fsr-3836	50	9	the	the	DET
fsr-3836	50	10	relative	relative	ADJ
fsr-3836	50	11	benefits	benefit	NOUN
fsr-3836	50	12	of	of	ADP
fsr-3836	50	13	capped	cap	VERB
fsr-3836	50	14	vs.	vs.	ADP
fsr-3836	50	15	participating	participate	VERB
fsr-3836	50	16	gics	gic	NOUN
fsr-3836	50	17	,	,	PUNCT
fsr-3836	50	18	nor	nor	CCONJ
fsr-3836	50	19	do	do	AUX
fsr-3836	50	20	they	they	PRON
fsr-3836	50	21	attempt	attempt	VERB
fsr-3836	50	22	to	to	PART
fsr-3836	50	23	identify	identify	VERB
fsr-3836	50	24	the	the	DET
fsr-3836	50	25	best	good	ADJ
fsr-3836	50	26	products	product	NOUN
fsr-3836	50	27	available	available	ADJ
fsr-3836	50	28	in	in	ADP
fsr-3836	50	29	the	the	DET
fsr-3836	50	30	canadian	canadian	ADJ
fsr-3836	50	31	market	market	NOUN
fsr-3836	50	32	.	.	PUNCT
fsr-3836	51	1	there	there	PRON
fsr-3836	51	2	are	be	VERB
fsr-3836	51	3	a	a	DET
fsr-3836	51	4	few	few	ADJ
fsr-3836	51	5	business	business	NOUN
fsr-3836	51	6	press	press	NOUN
fsr-3836	51	7	articles	article	NOUN
fsr-3836	51	8	on	on	ADP
fsr-3836	51	9	the	the	DET
fsr-3836	51	10	subject	subject	NOUN
fsr-3836	51	11	of	of	ADP
fsr-3836	51	12	canadian	canadian	PROPN
fsr-3836	51	13	-	-	PUNCT
fsr-3836	51	14	based	base	VERB
fsr-3836	51	15	ilgics	ilgic	NOUN
fsr-3836	51	16	,	,	PUNCT
fsr-3836	51	17	see	see	VERB
fsr-3836	51	18	for	for	ADP
fsr-3836	51	19	example	example	NOUN
fsr-3836	51	20	bell	bell	NOUN
fsr-3836	51	21	(	(	PUNCT
fsr-3836	51	22	1997	1997	NUM
fsr-3836	51	23	)	)	PUNCT
fsr-3836	51	24	and	and	CCONJ
fsr-3836	51	25	croft	croft	PROPN
fsr-3836	51	26	(	(	PUNCT
fsr-3836	51	27	1997	1997	NUM
fsr-3836	51	28	)	)	PUNCT
fsr-3836	51	29	.	.	PUNCT
fsr-3836	52	1	however	however	ADV
fsr-3836	52	2	,	,	PUNCT
fsr-3836	52	3	there	there	PRON
fsr-3836	52	4	is	be	VERB
fsr-3836	52	5	little	little	ADJ
fsr-3836	52	6	,	,	PUNCT
fsr-3836	52	7	if	if	SCONJ
fsr-3836	52	8	any	any	PRON
fsr-3836	52	9	,	,	PUNCT
fsr-3836	52	10	rigorous	rigorous	ADJ
fsr-3836	52	11	academic	academic	ADJ
fsr-3836	52	12	research	research	NOUN
fsr-3836	52	13	on	on	ADP
fsr-3836	52	14	the	the	DET
fsr-3836	52	15	specifics	specific	NOUN
fsr-3836	52	16	of	of	ADP
fsr-3836	52	17	the	the	DET
fsr-3836	52	18	canadian	canadian	ADJ
fsr-3836	52	19	market	market	NOUN
fsr-3836	52	20	.	.	PUNCT
fsr-3836	53	1	baubonis	baubonis	PROPN
fsr-3836	53	2	,	,	PUNCT
fsr-3836	53	3	gastineau	gastineau	PROPN
fsr-3836	53	4	,	,	PUNCT
fsr-3836	53	5	and	and	CCONJ
fsr-3836	53	6	purcell	purcell	PROPN
fsr-3836	53	7	(	(	PUNCT
fsr-3836	53	8	1993	1993	NUM
fsr-3836	53	9	)	)	PUNCT
fsr-3836	53	10	provide	provide	VERB
fsr-3836	53	11	a	a	DET
fsr-3836	53	12	qual	qual	ADJ
fsr-3836	53	13	itative	itative	ADJ
fsr-3836	53	14	description	description	NOUN
fsr-3836	53	15	,	,	PUNCT
fsr-3836	53	16	from	from	ADP
fsr-3836	53	17	an	an	DET
fsr-3836	53	18	institutional	institutional	ADJ
fsr-3836	53	19	perspective	perspective	NOUN
fsr-3836	53	20	,	,	PUNCT
fsr-3836	53	21	of	of	ADP
fsr-3836	53	22	the	the	DET
fsr-3836	53	23	embedded	embed	VERB
fsr-3836	53	24	derivative	derivative	ADJ
fsr-3836	53	25	securities	security	NOUN
fsr-3836	53	26	in	in	ADP
fsr-3836	53	27	ilgics	ilgic	NOUN
fsr-3836	53	28	,	,	PUNCT
fsr-3836	53	29	but	but	CCONJ
fsr-3836	53	30	avoid	avoid	VERB
fsr-3836	53	31	any	any	DET
fsr-3836	53	32	discussion	discussion	NOUN
fsr-3836	53	33	of	of	ADP
fsr-3836	53	34	pricing	pricing	NOUN
fsr-3836	53	35	or	or	CCONJ
fsr-3836	53	36	relative	relative	ADJ
fsr-3836	53	37	value	value	NOUN
fsr-3836	53	38	.	.	PUNCT
fsr-3836	54	1	brooks	brooks	PROPN
fsr-3836	54	2	(	(	PUNCT
fsr-3836	54	3	1996	1996	NUM
fsr-3836	54	4	)	)	PUNCT
fsr-3836	54	5	provides	provide	VERB
fsr-3836	54	6	a	a	DET
fsr-3836	54	7	framework	framework	NOUN
fsr-3836	54	8	for	for	ADP
fsr-3836	54	9	comparing	compare	VERB
fsr-3836	54	10	certificates	certificate	NOUN
fsr-3836	54	11	of	of	ADP
fsr-3836	54	12	deposit	deposit	NOUN
fsr-3836	54	13	that	that	PRON
fsr-3836	54	14	vary	vary	VERB
fsr-3836	54	15	in	in	ADP
fsr-3836	54	16	their	their	PRON
fsr-3836	54	17	features	feature	NOUN
fsr-3836	54	18	.	.	PUNCT
fsr-3836	55	1	in	in	ADP
fsr-3836	55	2	particular	particular	ADJ
fsr-3836	55	3	,	,	PUNCT
fsr-3836	55	4	he	he	PRON
fsr-3836	55	5	uses	use	VERB
fsr-3836	55	6	a	a	DET
fsr-3836	55	7	derivative	derivative	ADJ
fsr-3836	55	8	pricing	pricing	NOUN
fsr-3836	55	9	methodology	methodology	NOUN
fsr-3836	55	10	to	to	PART
fsr-3836	55	11	compute	compute	VERB
fsr-3836	55	12	the	the	DET
fsr-3836	55	13	value	value	NOUN
fsr-3836	55	14	of	of	ADP
fsr-3836	55	15	guaranteed	guarantee	VERB
fsr-3836	55	16	interest	interest	NOUN
fsr-3836	55	17	rate	rate	NOUN
fsr-3836	55	18	floors	floor	NOUN
fsr-3836	55	19	and	and	CCONJ
fsr-3836	55	20	caps	cap	NOUN
fsr-3836	55	21	.	.	PUNCT
fsr-3836	56	1	our	our	PRON
fsr-3836	56	2	analysis	analysis	NOUN
fsr-3836	56	3	is	be	AUX
fsr-3836	56	4	a	a	DET
fsr-3836	56	5	natural	natural	ADJ
fsr-3836	56	6	continuation	continuation	NOUN
fsr-3836	56	7	of	of	ADP
fsr-3836	56	8	this	this	DET
fsr-3836	56	9	line	line	NOUN
fsr-3836	56	10	of	of	ADP
fsr-3836	56	11	research	research	NOUN
fsr-3836	56	12	by	by	ADP
fsr-3836	56	13	focusing	focus	VERB
fsr-3836	56	14	on	on	ADP
fsr-3836	56	15	equity	equity	NOUN
fsr-3836	56	16	-	-	PUNCT
fsr-3836	56	17	enhanced	enhance	VERB
fsr-3836	56	18	,	,	PUNCT
fsr-3836	56	19	as	as	SCONJ
fsr-3836	56	20	opposed	oppose	VERB
fsr-3836	56	21	to	to	ADP
fsr-3836	56	22	interest	interest	NOUN
fsr-3836	56	23	rate	rate	NOUN
fsr-3836	56	24	-	-	PUNCT
fsr-3836	56	25	enhanced	enhance	VERB
fsr-3836	56	26	,	,	PUNCT
fsr-3836	56	27	products	product	NOUN
fsr-3836	56	28	.	.	PUNCT
fsr-3836	57	1	we	we	PRON
fsr-3836	57	2	are	be	AUX
fsr-3836	57	3	thus	thus	ADV
fsr-3836	57	4	able	able	ADJ
fsr-3836	57	5	to	to	PART
fsr-3836	57	6	facilitate	facilitate	VERB
fsr-3836	57	7	comparison	comparison	NOUN
fsr-3836	57	8	of	of	ADP
fsr-3836	57	9	vastly	vastly	ADV
fsr-3836	57	10	different	different	ADJ
fsr-3836	57	11	products	product	NOUN
fsr-3836	57	12	,	,	PUNCT
fsr-3836	57	13	using	use	VERB
fsr-3836	57	14	the	the	DET
fsr-3836	57	15	black	black	ADJ
fsr-3836	57	16	and	and	CCONJ
fsr-3836	57	17	scholes	schole	NOUN
fsr-3836	57	18	(	(	PUNCT
fsr-3836	57	19	1973	1973	NUM
fsr-3836	57	20	)	)	PUNCT
fsr-3836	57	21	and	and	CCONJ
fsr-3836	57	22	merton	merton	X
fsr-3836	57	23	(	(	PUNCT
fsr-3836	57	24	1973	1973	NUM
fsr-3836	57	25	)	)	PUNCT
fsr-3836	57	26	framework	framework	NOUN
fsr-3836	57	27	,	,	PUNCT
fsr-3836	57	28	as	as	SCONJ
fsr-3836	57	29	suggested	suggest	VERB
fsr-3836	57	30	by	by	ADP
fsr-3836	57	31	brooks	brooks	PROPN
fsr-3836	57	32	(	(	PUNCT
fsr-3836	57	33	1996	1996	NUM
fsr-3836	57	34	)	)	PUNCT
fsr-3836	57	35	.	.	PUNCT
fsr-3836	58	1	as	as	SCONJ
fsr-3836	58	2	mentioned	mention	VERB
fsr-3836	58	3	in	in	ADP
fsr-3836	58	4	the	the	DET
fsr-3836	58	5	introduction	introduction	NOUN
fsr-3836	58	6	,	,	PUNCT
fsr-3836	58	7	purchasing	purchase	VERB
fsr-3836	58	8	an	an	DET
fsr-3836	58	9	ilgic	ilgic	NOUN
fsr-3836	58	10	can	can	AUX
fsr-3836	58	11	be	be	AUX
fsr-3836	58	12	viewed	view	VERB
fsr-3836	58	13	as	as	ADP
fsr-3836	58	14	an	an	DET
fsr-3836	58	15	alterna	alterna	PROPN
fsr-3836	58	16	tive	tive	PROPN
fsr-3836	58	17	to	to	ADP
fsr-3836	58	18	investing	invest	VERB
fsr-3836	58	19	in	in	ADP
fsr-3836	58	20	the	the	DET
fsr-3836	58	21	underlying	underlie	VERB
fsr-3836	58	22	stock	stock	NOUN
fsr-3836	58	23	index	index	NOUN
fsr-3836	58	24	and	and	CCONJ
fsr-3836	58	25	using	use	VERB
fsr-3836	58	26	the	the	DET
fsr-3836	58	27	dividends	dividend	NOUN
fsr-3836	58	28	from	from	ADP
fsr-3836	58	29	the	the	DET
fsr-3836	58	30	portfolio	portfolio	NOUN
fsr-3836	58	31	to	to	PART
fsr-3836	58	32	purchase	purchase	VERB
fsr-3836	58	33	put	put	NOUN
fsr-3836	58	34	options	option	NOUN
fsr-3836	58	35	which	which	PRON
fsr-3836	58	36	protect	protect	VERB
fsr-3836	58	37	the	the	DET
fsr-3836	58	38	investment	investment	NOUN
fsr-3836	58	39	against	against	ADP
fsr-3836	58	40	a	a	DET
fsr-3836	58	41	market	market	NOUN
fsr-3836	58	42	decline	decline	NOUN
fsr-3836	58	43	beyond	beyond	ADP
fsr-3836	58	44	a	a	DET
fsr-3836	58	45	t	t	NOUN
fsr-3836	58	46	a	a	DET
fsr-3836	58	47	b	b	NOUN
fsr-3836	58	48	l	l	NOUN
fsr-3836	58	49	e	e	NOUN
fsr-3836	58	50	1	1	NUM
fsr-3836	58	51	in	in	ADP
fsr-3836	58	52	de	de	PROPN
fsr-3836	58	53	xlin	xlin	PROPN
fsr-3836	58	54	ke	ke	PROPN
fsr-3836	58	55	d	d	PROPN
fsr-3836	58	56	g	g	PROPN
fsr-3836	58	57	ic	ic	PROPN
fsr-3836	58	58	s	s	PROPN
fsr-3836	58	59	y	y	PROPN
fsr-3836	58	60	p	p	PROPN
fsr-3836	58	61	b	b	PROPN
fsr-3836	59	1	an	an	DET
fsr-3836	59	2	k	k	PROPN
fsr-3836	59	3	t	t	PROPN
fsr-3836	60	1	er	er	INTJ
fsr-3836	60	2	m	m	NOUN
fsr-3836	60	3	t	t	NOUN
fsr-3836	60	4	ax	ax	NOUN
fsr-3836	60	5	t	t	PROPN
fsr-3836	60	6	re	re	NOUN
fsr-3836	60	7	at	at	ADP
fsr-3836	60	8	m	m	PROPN
fsr-3836	60	9	en	en	ADP
fsr-3836	60	10	t	t	PROPN
fsr-3836	60	11	d	d	PROPN
fsr-3836	60	12	es	es	PROPN
fsr-3836	60	13	cr	cr	ADP
fsr-3836	60	14	ip	ip	PRON
fsr-3836	60	15	ti	ti	NOUN
fsr-3836	60	16	on	on	ADP
fsr-3836	60	17	n	n	PROPN
fsr-3836	60	18	at	at	ADP
fsr-3836	60	19	io	io	PROPN
fsr-3836	60	20	na	na	ADP
fsr-3836	60	21	l	l	PROPN
fsr-3836	60	22	b	b	PROPN
fsr-3836	60	23	an	an	DET
fsr-3836	60	24	k	k	NOUN
fsr-3836	60	25	of	of	ADP
fsr-3836	60	26	c	c	PROPN
fsr-3836	60	27	an	an	DET
fsr-3836	60	28	ad	ad	NOUN
fsr-3836	60	29	a	a	DET
fsr-3836	60	30	5	5	NUM
fsr-3836	60	31	ye	ye	NUM
fsr-3836	60	32	ar	ar	PROPN
fsr-3836	60	33	s	s	PROPN
fsr-3836	60	34	a	a	DET
fsr-3836	60	35	va	va	NOUN
fsr-3836	60	36	ila	ila	PROPN
fsr-3836	60	37	bl	bl	PROPN
fsr-3836	61	1	e	e	PROPN
fsr-3836	61	2	on	on	ADP
fsr-3836	61	3	ly	ly	PRON
fsr-3836	61	4	as	as	ADP
fsr-3836	61	5	a	a	DET
fsr-3836	61	6	r	r	NOUN
fsr-3836	61	7	eg	eg	NOUN
fsr-3836	61	8	is	be	AUX
fsr-3836	61	9	te	te	INTJ
fsr-3836	61	10	re	re	X
fsr-3836	61	11	d	d	NOUN
fsr-3836	61	12	r	r	VERB
fsr-3836	61	13	et	et	NOUN
fsr-3836	61	14	ir	ir	VERB
fsr-3836	61	15	em	em	PRON
fsr-3836	61	16	en	en	INTJ
fsr-3836	61	17	t	t	X
fsr-3836	61	18	c	c	PROPN
fsr-3836	61	19	la	la	INTJ
fsr-3836	61	20	ss	ss	PROPN
fsr-3836	62	1	if	if	SCONJ
fsr-3836	62	2	ie	ie	PROPN
fsr-3836	62	3	d	d	NOUN
fsr-3836	62	4	as	as	ADP
fsr-3836	62	5	c	c	X
fsr-3836	62	6	-i	-i	PUNCT
fsr-3836	62	7	l	l	NOUN
fsr-3836	62	8	g	g	PROPN
fsr-3836	62	9	ic	ic	PROPN
fsr-3836	62	10	t	t	PROPN
fsr-3836	62	11	or	or	CCONJ
fsr-3836	62	12	on	on	ADP
fsr-3836	62	13	to	to	ADP
fsr-3836	62	14	d	d	PROPN
fsr-3836	62	15	om	om	PROPN
fsr-3836	62	16	in	in	ADP
fsr-3836	62	17	io	io	PROPN
fsr-3836	62	18	n	n	PROPN
fsr-3836	62	19	b	b	PROPN
fsr-3836	62	20	an	an	DET
fsr-3836	62	21	k	k	PROPN
fsr-3836	62	22	3	3	NUM
fsr-3836	62	23	ye	ye	PROPN
fsr-3836	62	24	ar	ar	PROPN
fsr-3836	62	25	s	s	PROPN
fsr-3836	62	26	g	g	NOUN
fsr-3836	62	27	ig	ig	PROPN
fsr-3836	63	1	p	p	NOUN
fsr-3836	63	2	lu	lu	NOUN
fsr-3836	63	3	s	s	NOUN
fsr-3836	63	4	o	o	NOUN
fsr-3836	63	5	r	r	NOUN
fsr-3836	63	6	5	5	NUM
fsr-3836	63	7	ye	ye	NUM
fsr-3836	63	8	ar	ar	PROPN
fsr-3836	63	9	s	s	PROPN
fsr-3836	63	10	l	l	NOUN
fsr-3836	63	11	au	au	X
fsr-3836	63	12	re	re	VERB
fsr-3836	63	13	nt	not	PART
fsr-3836	63	14	ia	ia	PROPN
fsr-3836	63	15	n	n	PROPN
fsr-3836	63	16	b	b	PROPN
fsr-3836	63	17	an	an	DET
fsr-3836	63	18	k	k	PROPN
fsr-3836	63	19	3	3	NUM
fsr-3836	63	20	ye	ye	PROPN
fsr-3836	63	21	ar	ar	PROPN
fsr-3836	63	22	s	s	NOUN
fsr-3836	63	23	o	o	NOUN
fsr-3836	63	24	r	r	NOUN
fsr-3836	63	25	5	5	NUM
fsr-3836	63	26	ye	ye	NUM
fsr-3836	63	27	ar	ar	PROPN
fsr-3836	63	28	s	s	PROPN
fsr-3836	63	29	b	b	PROPN
fsr-3836	63	30	an	an	DET
fsr-3836	63	31	k	k	NOUN
fsr-3836	63	32	of	of	ADP
fsr-3836	63	33	n	n	PROPN
fsr-3836	63	34	ov	ov	VERB
fsr-3836	63	35	a	a	DET
fsr-3836	63	36	sc	sc	PROPN
fsr-3836	63	37	ot	ot	INTJ
fsr-3836	63	38	ia	ia	PROPN
fsr-3836	63	39	2	2	NUM
fsr-3836	63	40	ye	ye	PROPN
fsr-3836	63	41	ar	ar	PROPN
fsr-3836	63	42	s	s	PROPN
fsr-3836	63	43	c	c	PROPN
fsr-3836	63	44	an	an	DET
fsr-3836	63	45	ad	ad	NOUN
fsr-3836	63	46	ia	ia	PROPN
fsr-3836	63	47	n	n	X
fsr-3836	63	48	i	i	PRON
fsr-3836	63	49	m	m	VERB
fsr-3836	63	50	pe	pe	INTJ
fsr-3836	63	51	ri	ri	PROPN
fsr-3836	63	52	al	al	PROPN
fsr-3836	63	53	b	b	PROPN
fsr-3836	63	54	an	an	DET
fsr-3836	63	55	k	k	PROPN
fsr-3836	63	56	3	3	NUM
fsr-3836	63	57	ye	ye	PROPN
fsr-3836	63	58	ar	ar	PROPN
fsr-3836	63	59	s	s	PROPN
fsr-3836	63	60	of	of	ADP
fsr-3836	63	61	c	c	PROPN
fsr-3836	63	62	om	om	PROPN
fsr-3836	63	63	m	m	PROPN
fsr-3836	63	64	er	er	INTJ
fsr-3836	63	65	ce	ce	PROPN
fsr-3836	63	66	c	c	PROPN
fsr-3836	63	67	an	an	DET
fsr-3836	63	68	ad	ad	NOUN
fsr-3836	63	69	ia	ia	NOUN
fsr-3836	63	70	n	n	ADV
fsr-3836	63	71	or	or	CCONJ
fsr-3836	63	72	in	in	ADP
fsr-3836	63	73	de	de	X
fsr-3836	63	74	x	x	PROPN
fsr-3836	63	75	fu	fu	NOUN
fsr-3836	63	76	nd	nd	PRON
fsr-3836	63	77	5	5	NUM
fsr-3836	63	78	ye	ye	PROPN
fsr-3836	63	79	ar	ar	PROPN
fsr-3836	63	80	s	s	PROPN
fsr-3836	63	81	sa	sa	PROPN
fsr-3836	63	82	vi	vi	PROPN
fsr-3836	63	83	ng	ng	PROPN
fsr-3836	63	84	s	s	PROPN
fsr-3836	63	85	pl	pl	X
fsr-3836	63	86	an	an	DET
fsr-3836	63	87	(	(	PUNCT
fsr-3836	63	88	r	r	NOUN
fsr-3836	63	89	r	r	NOUN
fsr-3836	63	90	sp	sp	NOUN
fsr-3836	63	91	)	)	PUNCT
fsr-3836	63	92	if	if	SCONJ
fsr-3836	63	93	h	h	PROPN
fsr-3836	63	94	el	el	PROPN
fsr-3836	63	95	d	d	PROPN
fsr-3836	63	96	ou	ou	ADP
fsr-3836	63	97	ts	ts	X
fsr-3836	63	98	i	i	PROPN
fsr-3836	63	99	d	d	PROPN
fsr-3836	63	100	e	e	X
fsr-3836	63	101	th	th	X
fsr-3836	63	102	e	e	NOUN
fsr-3836	63	103	r	r	NOUN
fsr-3836	63	104	r	r	NOUN
fsr-3836	63	105	sp	sp	NOUN
fsr-3836	63	106	,	,	PUNCT
fsr-3836	63	107	it	it	PRON
fsr-3836	63	108	ca	can	AUX
fsr-3836	63	109	n	n	ADV
fsr-3836	63	110	be	be	AUX
fsr-3836	63	111	s	s	PRON
fsr-3836	63	112	ol	ol	PROPN
fsr-3836	63	113	d	d	X
fsr-3836	63	114	ba	ba	NOUN
fsr-3836	63	115	ck	ck	INTJ
fsr-3836	63	116	to	to	ADP
fsr-3836	63	117	t	t	PROPN
fsr-3836	63	118	he	he	PRON
fsr-3836	63	119	b	b	PROPN
fsr-3836	63	120	an	an	DET
fsr-3836	63	121	k	k	NOUN
fsr-3836	63	122	as	as	SCONJ
fsr-3836	63	123	r	r	NOUN
fsr-3836	63	124	eg	eg	PROPN
fsr-3836	63	125	ul	ul	PROPN
fsr-3836	63	126	ar	ar	PROPN
fsr-3836	63	127	in	in	ADP
fsr-3836	63	128	te	te	PROPN
fsr-3836	63	129	re	re	PROPN
fsr-3836	63	130	st	st	PROPN
fsr-3836	63	131	in	in	ADP
fsr-3836	63	132	co	co	NOUN
fsr-3836	63	133	m	m	PROPN
fsr-3836	63	134	e	e	PROPN
fsr-3836	63	135	w	w	PROPN
fsr-3836	63	136	ith	ith	PROPN
fsr-3836	63	137	no	no	INTJ
fsr-3836	63	138	ac	ac	PROPN
fsr-3836	64	1	cr	cr	PROPN
fsr-3836	64	2	ua	ua	PROPN
fsr-3836	65	1	l	l	PROPN
fsr-3836	66	1	t	t	PROPN
fsr-3836	67	1	he	he	PRON
fsr-3836	67	2	m	m	VERB
fsr-3836	67	3	in	in	ADP
fsr-3836	67	4	i	i	PRON
fsr-3836	67	5	m	m	VERB
fsr-3836	67	6	um	um	INTJ
fsr-3836	67	7	gu	gu	PROPN
fsr-3836	67	8	ar	ar	PROPN
fsr-3836	67	9	an	an	DET
fsr-3836	67	10	te	te	PROPN
fsr-3836	67	11	ed	ed	NOUN
fsr-3836	67	12	in	in	ADP
fsr-3836	67	13	te	te	PROPN
fsr-3836	67	14	re	re	PROPN
fsr-3836	67	15	st	st	PROPN
fsr-3836	67	16	is	be	AUX
fsr-3836	67	17	r	r	NOUN
fsr-3836	67	18	ec	ec	PROPN
fsr-3836	67	19	ei	ei	INTJ
fsr-3836	67	20	ve	ve	PROPN
fsr-3836	67	21	d	d	PROPN
fsr-3836	67	22	ye	ye	PROPN
fsr-3836	67	23	ar	ar	PROPN
fsr-3836	67	24	s	s	PROPN
fsr-3836	68	1	an	an	DET
fsr-3836	68	2	d	d	PROPN
fsr-3836	68	3	ca	can	AUX
fsr-3836	68	4	lc	lc	PROPN
fsr-3836	68	5	ul	ul	INTJ
fsr-3836	68	6	at	at	ADP
fsr-3836	68	7	ed	ed	NOUN
fsr-3836	68	8	fo	fo	ADP
fsr-3836	68	9	r	r	NOUN
fsr-3836	68	10	in	in	ADP
fsr-3836	68	11	co	co	NOUN
fsr-3836	68	12	m	m	PROPN
fsr-3836	68	13	e	e	X
fsr-3836	68	14	ta	ta	X
fsr-3836	68	15	x	x	SYM
fsr-3836	68	16	pu	pu	PROPN
fsr-3836	68	17	rp	rp	NOUN
fsr-3836	68	18	os	os	NOUN
fsr-3836	68	19	es	es	PROPN
fsr-3836	68	20	as	as	ADP
fsr-3836	68	21	i	i	PRON
fsr-3836	68	22	nt	not	PART
fsr-3836	68	23	er	er	INTJ
fsr-3836	68	24	es	es	X
fsr-3836	68	25	t	t	PROPN
fsr-3836	68	26	in	in	ADP
fsr-3836	68	27	co	co	NOUN
fsr-3836	68	28	m	m	PROPN
fsr-3836	68	29	e	e	NOUN
fsr-3836	68	30	if	if	SCONJ
fsr-3836	68	31	h	h	PROPN
fsr-3836	68	32	el	el	PROPN
fsr-3836	68	33	d	d	PROPN
fsr-3836	68	34	ou	ou	ADP
fsr-3836	68	35	ts	ts	X
fsr-3836	69	1	i	i	PROPN
fsr-3836	69	2	d	d	PROPN
fsr-3836	69	3	e	e	PROPN
fsr-3836	69	4	an	an	DET
fsr-3836	69	5	r	r	NOUN
fsr-3836	69	6	r	r	NOUN
fsr-3836	69	7	sp	sp	NOUN
fsr-3836	69	8	,	,	PUNCT
fsr-3836	69	9	ga	ga	PROPN
fsr-3836	69	10	in	in	ADP
fsr-3836	69	11	s	s	PROPN
fsr-3836	69	12	ar	ar	NOUN
fsr-3836	69	13	e	e	NOUN
fsr-3836	70	1	ca	can	AUX
fsr-3836	70	2	lc	lc	PROPN
fsr-3836	70	3	ul	ul	INTJ
fsr-3836	70	4	at	at	ADP
fsr-3836	70	5	ed	ed	PROPN
fsr-3836	70	6	as	as	SCONJ
fsr-3836	70	7	i	i	PRON
fsr-3836	70	8	nt	not	PART
fsr-3836	70	9	er	er	INTJ
fsr-3836	70	10	es	es	X
fsr-3836	70	11	t	t	PROPN
fsr-3836	70	12	in	in	ADP
fsr-3836	70	13	co	co	NOUN
fsr-3836	70	14	m	m	PROPN
fsr-3836	70	15	e	e	NOUN
fsr-3836	70	16	if	if	SCONJ
fsr-3836	71	1	h	h	PROPN
fsr-3836	71	2	el	el	PROPN
fsr-3836	71	3	d	d	PROPN
fsr-3836	71	4	ou	ou	ADP
fsr-3836	71	5	ts	ts	X
fsr-3836	71	6	i	i	PROPN
fsr-3836	71	7	d	d	PROPN
fsr-3836	71	8	e	e	PROPN
fsr-3836	71	9	an	an	DET
fsr-3836	71	10	r	r	NOUN
fsr-3836	71	11	r	r	NOUN
fsr-3836	71	12	sp	sp	NOUN
fsr-3836	71	13	,	,	PUNCT
fsr-3836	71	14	ga	ga	PROPN
fsr-3836	71	15	in	in	ADP
fsr-3836	71	16	s	s	PROPN
fsr-3836	71	17	ar	ar	NOUN
fsr-3836	71	18	e	e	NOUN
fsr-3836	71	19	ca	can	AUX
fsr-3836	71	20	lc	lc	PROPN
fsr-3836	71	21	ul	ul	INTJ
fsr-3836	71	22	at	at	ADP
fsr-3836	71	23	ed	ed	PROPN
fsr-3836	71	24	as	as	SCONJ
fsr-3836	71	25	i	i	PRON
fsr-3836	71	26	nt	not	PART
fsr-3836	71	27	er	er	INTJ
fsr-3836	71	28	es	es	X
fsr-3836	71	29	t	t	PROPN
fsr-3836	71	30	in	in	ADP
fsr-3836	71	31	co	co	NOUN
fsr-3836	71	32	m	m	PROPN
fsr-3836	71	33	e	e	NOUN
fsr-3836	71	34	in	in	ADP
fsr-3836	71	35	t	t	PROPN
fsr-3836	71	36	he	he	PRON
fsr-3836	72	1	y	y	PROPN
fsr-3836	72	2	ea	ea	INTJ
fsr-3836	72	3	r	r	NOUN
fsr-3836	72	4	in	in	ADP
fsr-3836	72	5	w	w	PROPN
fsr-3836	72	6	hi	hi	INTJ
fsr-3836	72	7	ch	ch	NOUN
fsr-3836	73	1	it	it	PRON
fsr-3836	73	2	is	be	AUX
fsr-3836	73	3	r	r	NOUN
fsr-3836	73	4	ec	ec	NOUN
fsr-3836	73	5	ei	ei	INTJ
fsr-3836	73	6	ve	ve	PROPN
fsr-3836	73	7	d	d	PROPN
fsr-3836	73	8	l	l	NOUN
fsr-3836	73	9	in	in	ADP
fsr-3836	73	10	ke	ke	PROPN
fsr-3836	73	11	d	d	PROPN
fsr-3836	73	12	to	to	ADP
fsr-3836	73	13	t	t	PROPN
fsr-3836	73	14	s	s	PART
fsr-3836	73	15	e	e	NOUN
fsr-3836	73	16	3	3	NUM
fsr-3836	73	17	5	5	NUM
fsr-3836	73	18	g	g	NOUN
fsr-3836	73	19	,	,	PUNCT
fsr-3836	73	20	=	=	NOUN
fsr-3836	73	21	3	3	NUM
fsr-3836	73	22	%	%	NOUN
fsr-3836	73	23	f	f	NOUN
fsr-3836	73	24	or	or	CCONJ
fsr-3836	73	25	e	e	PROPN
fsr-3836	73	26	nt	not	PART
fsr-3836	73	27	ir	ir	PROPN
fsr-3836	73	28	e	e	PROPN
fsr-3836	73	29	sye	sye	PROPN
fsr-3836	73	30	ar	ar	PROPN
fsr-3836	73	31	te	te	PROPN
fsr-3836	73	32	rm	rm	PROPN
fsr-3836	73	33	c	c	PROPN
fsr-3836	74	1	=	=	PUNCT
fsr-3836	75	1	60	60	NUM
fsr-3836	75	2	%	%	NOUN
fsr-3836	75	3	f	f	NOUN
fsr-3836	75	4	or	or	CCONJ
fsr-3836	75	5	e	e	PROPN
fsr-3836	75	6	nt	not	PART
fsr-3836	75	7	ir	ir	PROPN
fsr-3836	75	8	e	e	PROPN
fsr-3836	75	9	sye	sye	PROPN
fsr-3836	75	10	ar	ar	PROPN
fsr-3836	75	11	te	te	PROPN
fsr-3836	75	12	rm	rm	PROPN
fsr-3836	75	13	t	t	PROPN
fsr-3836	76	1	he	he	PRON
fsr-3836	76	2	t	t	PROPN
fsr-3836	76	3	se	se	PROPN
fsr-3836	76	4	35	35	NUM
fsr-3836	76	5	cl	cl	NOUN
fsr-3836	76	6	os	os	NOUN
fsr-3836	76	7	in	in	ADP
fsr-3836	76	8	g	g	PROPN
fsr-3836	76	9	le	le	X
fsr-3836	76	10	ve	ve	VERB
fsr-3836	76	11	l	l	NOUN
fsr-3836	76	12	on	on	ADP
fsr-3836	76	13	t	t	PROPN
fsr-3836	76	14	he	he	PRON
fsr-3836	77	1	i	i	PRON
fsr-3836	77	2	i	i	PRON
fsr-3836	78	1	th	th	VERB
fsr-3836	78	2	o	o	X
fsr-3836	79	1	f	f	X
fsr-3836	79	2	ea	ea	PROPN
fsr-3836	79	3	ch	ch	NOUN
fsr-3836	79	4	m	m	PROPN
fsr-3836	79	5	on	on	ADP
fsr-3836	79	6	th	th	NUM
fsr-3836	79	7	of	of	ADP
fsr-3836	79	8	th	th	X
fsr-3836	79	9	e	e	NOUN
fsr-3836	79	10	fi	fi	NOUN
fsr-3836	79	11	na	na	INTJ
fsr-3836	79	12	l	l	NOUN
fsr-3836	79	13	ye	ye	PROPN
fsr-3836	79	14	ar	ar	PROPN
fsr-3836	79	15	is	be	AUX
fsr-3836	79	16	u	u	PROPN
fsr-3836	79	17	se	se	PROPN
fsr-3836	79	18	d	d	X
fsr-3836	79	19	to	to	ADP
fsr-3836	79	20	c	c	PROPN
fsr-3836	79	21	al	al	PROPN
fsr-3836	79	22	cu	cu	PROPN
fsr-3836	79	23	la	la	PROPN
fsr-3836	79	24	te	te	PROPN
fsr-3836	79	25	th	th	X
fsr-3836	79	26	e	e	X
fsr-3836	79	27	fin	fin	NOUN
fsr-3836	79	28	al	al	PROPN
fsr-3836	79	29	in	in	ADP
fsr-3836	79	30	de	de	X
fsr-3836	79	31	x	x	X
fsr-3836	79	32	le	le	X
fsr-3836	79	33	ve	ve	VERB
fsr-3836	79	34	l	l	NOUN
fsr-3836	79	35	c	c	NOUN
fsr-3836	79	36	la	la	INTJ
fsr-3836	79	37	ss	ss	PROPN
fsr-3836	80	1	if	if	SCONJ
fsr-3836	80	2	ie	ie	PROPN
fsr-3836	80	3	d	d	NOUN
fsr-3836	80	4	as	as	ADP
fsr-3836	80	5	p	p	PROPN
fsr-3836	80	6	-i	-i	PUNCT
fsr-3836	80	7	l	l	NOUN
fsr-3836	80	8	g	g	NOUN
fsr-3836	80	9	ic	ic	INTJ
fsr-3836	80	10	as	as	SCONJ
fsr-3836	80	11	i	i	PRON
fsr-3836	80	12	t	t	VERB
fsr-3836	80	13	us	we	PRON
fsr-3836	80	14	es	es	X
fsr-3836	80	15	s	s	X
fsr-3836	80	16	om	om	PROPN
fsr-3836	80	17	e	e	X
fsr-3836	80	18	av	av	PROPN
fsr-3836	80	19	er	er	INTJ
fsr-3836	80	20	ag	ag	PROPN
fsr-3836	80	21	in	in	ADP
fsr-3836	80	22	g	g	PROPN
fsr-3836	80	23	l	l	NOUN
fsr-3836	80	24	in	in	ADP
fsr-3836	80	25	ke	ke	PROPN
fsr-3836	80	26	d	d	PROPN
fsr-3836	80	27	to	to	ADP
fsr-3836	80	28	t	t	PROPN
fsr-3836	80	29	s	s	PART
fsr-3836	80	30	e	e	X
fsr-3836	80	31	io	io	X
fsr-3836	80	32	0	0	PROPN
fsr-3836	80	33	g	g	NOUN
fsr-3836	80	34	,	,	PUNCT
fsr-3836	80	35	,	,	PUNCT
fsr-3836	80	36	=	=	NOUN
fsr-3836	81	1	0	0	X
fsr-3836	81	2	.	.	X
fsr-3836	81	3	25	25	NUM
fsr-3836	81	4	%	%	NOUN
fsr-3836	81	5	pe	pe	INTJ
fsr-3836	81	6	r	r	NOUN
fsr-3836	81	7	an	an	DET
fsr-3836	81	8	nu	nu	NOUN
fsr-3836	81	9	m	m	VERB
fsr-3836	81	10	fo	fo	ADP
fsr-3836	81	11	r	r	NOUN
fsr-3836	81	12	th	th	X
fsr-3836	81	13	e	e	X
fsr-3836	81	14	3ye	3ye	PROPN
fsr-3836	81	15	ar	ar	NOUN
fsr-3836	81	16	pr	pr	NOUN
fsr-3836	82	1	od	od	INTJ
fsr-3836	82	2	uc	uc	INTJ
fsr-3836	82	3	t	t	X
fsr-3836	82	4	gp	gp	NOUN
fsr-3836	83	1	=	=	PUNCT
fsr-3836	83	2	2	2	NUM
fsr-3836	83	3	.2	.2	NUM
fsr-3836	83	4	5	5	NUM
fsr-3836	83	5	%	%	NOUN
fsr-3836	83	6	pe	pe	INTJ
fsr-3836	83	7	r	r	NOUN
fsr-3836	83	8	an	an	DET
fsr-3836	83	9	nu	nu	NOUN
fsr-3836	83	10	m	m	VERB
fsr-3836	83	11	fo	fo	ADP
fsr-3836	83	12	r	r	NOUN
fsr-3836	83	13	th	th	X
fsr-3836	83	14	e	e	NOUN
fsr-3836	83	15	5ye	5ye	ADJ
fsr-3836	83	16	ar	ar	NOUN
fsr-3836	84	1	pr	pr	NOUN
fsr-3836	84	2	od	od	INTJ
fsr-3836	84	3	uc	uc	PROPN
fsr-3836	84	4	t	t	PROPN
fsr-3836	84	5	in	in	ADP
fsr-3836	84	6	b	b	PROPN
fsr-3836	84	7	ot	ot	NOUN
fsr-3836	84	8	h	h	NOUN
fsr-3836	84	9	ca	can	AUX
fsr-3836	84	10	se	se	PROPN
fsr-3836	84	11	s	s	PROPN
fsr-3836	84	12	,	,	PUNCT
fsr-3836	84	13	in	in	ADP
fsr-3836	84	14	te	te	PROPN
fsr-3836	84	15	re	re	PROPN
fsr-3836	84	16	st	st	PROPN
fsr-3836	84	17	is	be	AUX
fsr-3836	84	18	r	r	NOUN
fsr-3836	84	19	ec	ec	PROPN
fsr-3836	84	20	ei	ei	INTJ
fsr-3836	84	21	ve	ve	PROPN
fsr-3836	84	22	d	d	PROPN
fsr-3836	84	23	at	at	ADP
fsr-3836	84	24	t	t	NOUN
fsr-3836	84	25	he	he	PRON
fsr-3836	84	26	e	e	PROPN
fsr-3836	84	27	nd	nd	ADV
fsr-3836	84	28	o	o	X
fsr-3836	84	29	f	f	X
fsr-3836	84	30	th	th	X
fsr-3836	84	31	e	e	X
fsr-3836	84	32	en	en	X
fsr-3836	84	33	tir	tir	X
fsr-3836	84	34	e	e	X
fsr-3836	84	35	te	te	PROPN
fsr-3836	84	36	rm	rm	PROPN
fsr-3836	84	37	m	m	PROPN
fsr-3836	84	38	ea	ea	PROPN
fsr-3836	84	39	n	n	ADP
fsr-3836	84	40	cl	cl	NOUN
fsr-3836	84	41	os	os	NOUN
fsr-3836	84	42	in	in	ADP
fsr-3836	84	43	gs	gs	PROPN
fsr-3836	84	44	of	of	ADP
fsr-3836	84	45	t	t	PROPN
fsr-3836	85	1	he	he	PRON
fsr-3836	85	2	t	t	PROPN
fsr-3836	85	3	se	se	PROPN
fsr-3836	86	1	lo	lo	PROPN
fsr-3836	86	2	o	o	NOUN
fsr-3836	86	3	on	on	ADP
fsr-3836	86	4	t	t	PROPN
fsr-3836	87	1	he	he	PRON
fsr-3836	87	2	s	s	VERB
fsr-3836	87	3	am	be	AUX
fsr-3836	87	4	e	e	NOUN
fsr-3836	87	5	da	da	PROPN
fsr-3836	87	6	y	y	PROPN
fsr-3836	87	7	of	of	ADP
fsr-3836	87	8	ea	ea	PROPN
fsr-3836	87	9	ch	ch	NOUN
fsr-3836	87	10	m	m	PROPN
fsr-3836	87	11	on	on	ADP
fsr-3836	87	12	th	th	NUM
fsr-3836	87	13	of	of	ADP
fsr-3836	87	14	t	t	PROPN
fsr-3836	88	1	he	he	PRON
fsr-3836	88	2	f	f	PROPN
fsr-3836	88	3	in	in	ADP
fsr-3836	88	4	al	al	PROPN
fsr-3836	88	5	ye	ye	PROPN
fsr-3836	88	6	ar	ar	PROPN
fsr-3836	88	7	ar	ar	PROPN
fsr-3836	88	8	e	e	PROPN
fsr-3836	88	9	us	we	PRON
fsr-3836	89	1	ed	ed	NOUN
fsr-3836	89	2	t	t	PROPN
fsr-3836	89	3	o	o	NOUN
fsr-3836	89	4	ca	can	AUX
fsr-3836	89	5	lc	lc	PROPN
fsr-3836	89	6	ul	ul	INTJ
fsr-3836	89	7	at	at	ADP
fsr-3836	89	8	e	e	X
fsr-3836	89	9	th	th	X
fsr-3836	89	10	e	e	X
fsr-3836	89	11	fi	fi	NOUN
fsr-3836	89	12	na	na	ADP
fsr-3836	89	13	l	l	NOUN
fsr-3836	89	14	in	in	ADP
fsr-3836	89	15	de	de	X
fsr-3836	89	16	x	x	X
fsr-3836	89	17	le	le	X
fsr-3836	89	18	ve	ve	VERB
fsr-3836	89	19	l.	l.	PROPN
fsr-3836	89	20	c	c	PROPN
fsr-3836	89	21	la	la	PROPN
fsr-3836	89	22	ss	ss	PROPN
fsr-3836	90	1	if	if	SCONJ
fsr-3836	90	2	ie	ie	PROPN
fsr-3836	90	3	d	d	NOUN
fsr-3836	90	4	as	as	ADP
fsr-3836	90	5	a	a	DET
fsr-3836	90	6	p	p	X
fsr-3836	90	7	-i	-i	PROPN
fsr-3836	90	8	l	l	NOUN
fsr-3836	90	9	g	g	NOUN
fsr-3836	90	10	ic	ic	PROPN
fsr-3836	90	11	l	l	PROPN
fsr-3836	90	12	in	in	ADP
fsr-3836	90	13	ke	ke	PROPN
fsr-3836	90	14	d	d	PROPN
fsr-3836	90	15	to	to	ADP
fsr-3836	90	16	t	t	NOUN
fsr-3836	90	17	he	he	PRON
fsr-3836	90	18	t	t	PROPN
fsr-3836	90	19	s	s	PART
fsr-3836	90	20	e	e	NOUN
fsr-3836	90	21	3	3	NUM
fsr-3836	90	22	5	5	NUM
fsr-3836	90	23	g	g	NOUN
fsr-3836	90	24	,	,	PUNCT
fsr-3836	90	25	=	=	NOUN
fsr-3836	90	26	1	1	NUM
fsr-3836	90	27	%	%	NOUN
fsr-3836	91	1	p	p	NOUN
fsr-3836	91	2	er	er	INTJ
fsr-3836	91	3	a	a	DET
fsr-3836	91	4	nn	nn	INTJ
fsr-3836	91	5	um	um	INTJ
fsr-3836	91	6	fo	fo	INTJ
fsr-3836	91	7	r	r	NOUN
fsr-3836	91	8	bo	bo	NOUN
fsr-3836	91	9	th	th	X
fsr-3836	91	10	te	te	ADP
fsr-3836	91	11	rm	rm	PROPN
fsr-3836	91	12	s	s	PROPN
fsr-3836	91	13	,	,	PUNCT
fsr-3836	91	14	w	w	PROPN
fsr-3836	91	15	hi	hi	INTJ
fsr-3836	91	16	ch	ch	NOUN
fsr-3836	91	17	is	be	AUX
fsr-3836	91	18	r	r	NOUN
fsr-3836	91	19	ec	ec	NOUN
fsr-3836	91	20	ei	ei	INTJ
fsr-3836	91	21	ve	ve	PROPN
fsr-3836	91	22	d	d	PROPN
fsr-3836	91	23	ye	ye	PROPN
fsr-3836	91	24	ar	ar	PROPN
fsr-3836	91	25	ly	ly	X
fsr-3836	91	26	an	an	DET
fsr-3836	91	27	d	d	X
fsr-3836	91	28	la	la	X
fsr-3836	91	29	te	te	PROPN
fsr-3836	92	1	r	r	PROPN
fsr-3836	92	2	de	de	X
fsr-3836	92	3	du	du	PROPN
fsr-3836	92	4	ct	ct	PROPN
fsr-3836	92	5	ed	ed	NOUN
fsr-3836	92	6	if	if	SCONJ
fsr-3836	92	7	t	t	PROPN
fsr-3836	93	1	he	he	PRON
fsr-3836	93	2	i	i	PRON
fsr-3836	93	3	nd	nd	VERB
fsr-3836	93	4	ex	ex	X
fsr-3836	93	5	’s	’s	NOUN
fsr-3836	93	6	fi	fi	NOUN
fsr-3836	93	7	na	na	ADP
fsr-3836	93	8	l	l	PROPN
fsr-3836	93	9	yi	yi	PROPN
fsr-3836	94	1	el	el	PROPN
fsr-3836	94	2	d	d	PROPN
fsr-3836	94	3	is	be	AUX
fsr-3836	94	4	gr	gr	PRON
fsr-3836	94	5	ea	ea	NOUN
fsr-3836	94	6	te	te	PROPN
fsr-3836	94	7	r	r	NOUN
fsr-3836	94	8	th	th	X
fsr-3836	94	9	an	an	DET
fsr-3836	94	10	1	1	NUM
fsr-3836	94	11	%	%	NOUN
fsr-3836	94	12	p	p	NOUN
fsr-3836	94	13	.a	.a	NOUN
fsr-3836	94	14	.	.	PUNCT
fsr-3836	95	1	p	p	X
fsr-3836	95	2	=	=	PUNCT
fsr-3836	96	1	75	75	NUM
fsr-3836	96	2	%	%	NOUN
fsr-3836	96	3	f	f	NOUN
fsr-3836	96	4	or	or	CCONJ
fsr-3836	96	5	t	t	PROPN
fsr-3836	96	6	he	he	PRON
fsr-3836	96	7	3	3	NUM
fsr-3836	96	8	-y	-y	SYM
fsr-3836	96	9	ea	ea	NOUN
fsr-3836	96	10	r	r	NOUN
fsr-3836	96	11	pr	pr	NOUN
fsr-3836	96	12	od	od	INTJ
fsr-3836	96	13	uc	uc	INTJ
fsr-3836	96	14	t	t	PROPN
fsr-3836	96	15	p	p	NOUN
fsr-3836	96	16	=	=	PROPN
fsr-3836	96	17	10	10	NUM
fsr-3836	96	18	0	0	NUM
fsr-3836	96	19	%	%	NOUN
fsr-3836	96	20	f	f	NOUN
fsr-3836	96	21	or	or	CCONJ
fsr-3836	96	22	t	t	PROPN
fsr-3836	96	23	he	he	PRON
fsr-3836	96	24	5	5	NUM
fsr-3836	96	25	-y	-y	NUM
fsr-3836	96	26	ea	ea	NOUN
fsr-3836	96	27	r	r	NOUN
fsr-3836	96	28	pr	pr	NOUN
fsr-3836	96	29	od	od	INTJ
fsr-3836	96	30	uc	uc	INTJ
fsr-3836	96	31	t	t	PROPN
fsr-3836	96	32	t	t	PROPN
fsr-3836	97	1	he	he	PRON
fsr-3836	98	1	i	i	PRON
fsr-3836	98	2	nd	nd	VERB
fsr-3836	98	3	ex	ex	X
fsr-3836	98	4	’s	’s	NOUN
fsr-3836	98	5	fi	fi	NOUN
fsr-3836	98	6	na	na	ADP
fsr-3836	98	7	l	l	NOUN
fsr-3836	98	8	le	le	AUX
fsr-3836	98	9	ve	ve	PROPN
fsr-3836	98	10	l	l	NOUN
fsr-3836	98	11	is	be	AUX
fsr-3836	98	12	c	c	NOUN
fsr-3836	98	13	al	al	PROPN
fsr-3836	98	14	cu	cu	PROPN
fsr-3836	98	15	la	la	PROPN
fsr-3836	99	1	te	te	PROPN
fsr-3836	99	2	d	d	PROPN
fsr-3836	99	3	as	as	ADP
fsr-3836	99	4	t	t	PROPN
fsr-3836	99	5	he	he	PRON
fsr-3836	99	6	m	m	VERB
fsr-3836	99	7	ea	ea	PROPN
fsr-3836	99	8	n	n	PROPN
fsr-3836	99	9	of	of	ADP
fsr-3836	99	10	t	t	NOUN
fsr-3836	99	11	he	he	PRON
fsr-3836	99	12	cl	cl	VERB
fsr-3836	99	13	os	os	NOUN
fsr-3836	99	14	in	in	ADP
fsr-3836	99	15	gs	gs	PROPN
fsr-3836	99	16	on	on	ADP
fsr-3836	99	17	t	t	PROPN
fsr-3836	99	18	he	he	PRON
fsr-3836	99	19	f	f	PROPN
fsr-3836	99	20	in	in	ADP
fsr-3836	99	21	al	al	PROPN
fsr-3836	99	22	3	3	NUM
fsr-3836	99	23	da	da	PROPN
fsr-3836	99	24	ys	ys	NOUN
fsr-3836	99	25	pr	pr	NOUN
fsr-3836	99	26	io	io	NOUN
fsr-3836	99	27	r	r	NOUN
fsr-3836	99	28	to	to	ADP
fsr-3836	99	29	m	m	PROPN
fsr-3836	99	30	at	at	ADP
fsr-3836	99	31	ur	ur	INTJ
fsr-3836	99	32	ity	ity	PROPN
fsr-3836	99	33	c	c	PROPN
fsr-3836	99	34	la	la	INTJ
fsr-3836	99	35	ss	ss	PROPN
fsr-3836	100	1	if	if	SCONJ
fsr-3836	100	2	ie	ie	PROPN
fsr-3836	100	3	d	d	NOUN
fsr-3836	100	4	as	as	ADP
fsr-3836	100	5	a	a	DET
fsr-3836	100	6	c	c	NOUN
fsr-3836	100	7	-i	-i	PUNCT
fsr-3836	100	8	l	l	NOUN
fsr-3836	100	9	g	g	NOUN
fsr-3836	100	10	ic	ic	PROPN
fsr-3836	100	11	l	l	PROPN
fsr-3836	100	12	in	in	ADP
fsr-3836	100	13	ke	ke	PROPN
fsr-3836	100	14	d	d	PROPN
fsr-3836	100	15	to	to	ADP
fsr-3836	100	16	t	t	NOUN
fsr-3836	100	17	he	he	PRON
fsr-3836	100	18	t	t	PROPN
fsr-3836	100	19	s	s	X
fsr-3836	100	20	e	e	NOUN
fsr-3836	100	21	35	35	NUM
fsr-3836	100	22	c	c	NOUN
fsr-3836	100	23	=	=	SYM
fsr-3836	100	24	2	2	NUM
fsr-3836	100	25	0	0	NUM
fsr-3836	100	26	%	%	NOUN
fsr-3836	100	27	fo	fo	ADP
fsr-3836	100	28	r	r	NOUN
fsr-3836	100	29	th	th	X
fsr-3836	100	30	e	e	X
fsr-3836	100	31	en	en	X
fsr-3836	100	32	tir	tir	X
fsr-3836	100	33	e	e	X
fsr-3836	100	34	2	2	NUM
fsr-3836	100	35	ye	ye	PROPN
fsr-3836	100	36	ar	ar	PROPN
fsr-3836	100	37	te	te	PROPN
fsr-3836	100	38	rm	rm	PROPN
fsr-3836	100	39	t	t	PROPN
fsr-3836	101	1	he	he	PRON
fsr-3836	101	2	f	f	PROPN
fsr-3836	101	3	in	in	ADP
fsr-3836	101	4	al	al	PROPN
fsr-3836	101	5	le	le	PROPN
fsr-3836	101	6	ve	ve	PROPN
fsr-3836	101	7	l	l	NOUN
fsr-3836	101	8	of	of	ADP
fsr-3836	101	9	t	t	PROPN
fsr-3836	101	10	he	he	PRON
fsr-3836	102	1	i	i	PRON
fsr-3836	102	2	nd	nd	VERB
fsr-3836	102	3	ex	ex	NOUN
fsr-3836	102	4	is	be	AUX
fsr-3836	102	5	th	th	X
fsr-3836	102	6	e	e	NOUN
fsr-3836	102	7	cl	cl	NOUN
fsr-3836	102	8	os	os	NOUN
fsr-3836	102	9	e	e	X
fsr-3836	102	10	le	le	X
fsr-3836	102	11	ve	ve	VERB
fsr-3836	102	12	l	l	NOUN
fsr-3836	102	13	of	of	ADP
fsr-3836	102	14	t	t	PROPN
fsr-3836	103	1	he	he	PRON
fsr-3836	103	2	t	t	X
fsr-3836	103	3	s	s	PART
fsr-3836	103	4	e	e	NOUN
fsr-3836	103	5	3	3	NUM
fsr-3836	103	6	5	5	NUM
fsr-3836	103	7	on	on	ADP
fsr-3836	103	8	t	t	PROPN
fsr-3836	103	9	he	he	PRON
fsr-3836	103	10	m	m	VERB
fsr-3836	103	11	at	at	ADP
fsr-3836	103	12	ur	ur	INTJ
fsr-3836	103	13	ity	ity	PROPN
fsr-3836	103	14	da	da	NOUN
fsr-3836	103	15	te	te	PROPN
fsr-3836	103	16	c	c	X
fsr-3836	103	17	la	la	INTJ
fsr-3836	103	18	ss	ss	PROPN
fsr-3836	104	1	if	if	SCONJ
fsr-3836	104	2	ie	ie	PROPN
fsr-3836	104	3	d	d	NOUN
fsr-3836	104	4	as	as	ADP
fsr-3836	104	5	p	p	PROPN
fsr-3836	104	6	-i	-i	PUNCT
fsr-3836	104	7	l	l	NOUN
fsr-3836	104	8	g	g	NOUN
fsr-3836	104	9	ic	ic	INTJ
fsr-3836	104	10	as	as	SCONJ
fsr-3836	104	11	i	i	PRON
fsr-3836	104	12	t	t	VERB
fsr-3836	104	13	us	we	PRON
fsr-3836	104	14	es	es	X
fsr-3836	104	15	s	s	X
fsr-3836	104	16	om	om	PROPN
fsr-3836	104	17	e	e	X
fsr-3836	104	18	av	av	PROPN
fsr-3836	104	19	er	er	INTJ
fsr-3836	104	20	ag	ag	PROPN
fsr-3836	104	21	in	in	ADP
fsr-3836	104	22	g	g	PROPN
fsr-3836	104	23	l	l	NOUN
fsr-3836	104	24	in	in	ADP
fsr-3836	104	25	ke	ke	PROPN
fsr-3836	104	26	d	d	PROPN
fsr-3836	104	27	to	to	ADP
fsr-3836	104	28	t	t	NOUN
fsr-3836	105	1	he	he	PRON
fsr-3836	105	2	t	t	PROPN
fsr-3836	105	3	s	s	PART
fsr-3836	105	4	e	e	NOUN
fsr-3836	105	5	3	3	NUM
fsr-3836	105	6	5	5	NUM
fsr-3836	105	7	g=	g=	NOUN
fsr-3836	106	1	o	o	NOUN
fsr-3836	107	1	%	%	NOUN
fsr-3836	108	1	t	t	NOUN
fsr-3836	109	1	he	he	PRON
fsr-3836	109	2	t	t	PROPN
fsr-3836	109	3	s	s	PART
fsr-3836	109	4	e	e	NOUN
fsr-3836	109	5	3	3	NUM
fsr-3836	109	6	5	5	NUM
fsr-3836	109	7	’	'	PUNCT
fsr-3836	109	8	s	s	PART
fsr-3836	109	9	fi	fi	NOUN
fsr-3836	109	10	na	na	ADP
fsr-3836	109	11	l	l	NOUN
fsr-3836	109	12	le	le	AUX
fsr-3836	109	13	ve	ve	PROPN
fsr-3836	109	14	l	l	NOUN
fsr-3836	109	15	is	be	AUX
fsr-3836	109	16	c	c	NOUN
fsr-3836	109	17	al	al	PROPN
fsr-3836	109	18	cu	cu	PROPN
fsr-3836	109	19	la	la	PROPN
fsr-3836	110	1	te	te	PROPN
fsr-3836	111	1	d	d	PROPN
fsr-3836	111	2	as	as	ADP
fsr-3836	111	3	t	t	PROPN
fsr-3836	111	4	he	he	PRON
fsr-3836	111	5	m	m	VERB
fsr-3836	111	6	ea	ea	NOUN
fsr-3836	111	7	n	n	ADP
fsr-3836	111	8	cl	cl	NOUN
fsr-3836	111	9	os	os	NOUN
fsr-3836	111	10	in	in	ADP
fsr-3836	111	11	gs	gs	PROPN
fsr-3836	111	12	o	o	NOUN
fsr-3836	111	13	f	f	X
fsr-3836	111	14	th	th	X
fsr-3836	111	15	e	e	PROPN
fsr-3836	111	16	in	in	ADP
fsr-3836	111	17	de	de	X
fsr-3836	111	18	x	x	X
fsr-3836	111	19	in	in	ADP
fsr-3836	111	20	t	t	NUM
fsr-3836	112	1	he	he	PRON
fsr-3836	112	2	l	l	PROPN
fsr-3836	112	3	as	as	ADP
fsr-3836	112	4	t	t	PROPN
fsr-3836	112	5	11	11	NUM
fsr-3836	112	6	m	m	NOUN
fsr-3836	112	7	on	on	ADP
fsr-3836	112	8	th	th	NUM
fsr-3836	112	9	s	s	NOUN
fsr-3836	112	10	of	of	ADP
fsr-3836	112	11	t	t	PROPN
fsr-3836	113	1	he	he	PRON
fsr-3836	113	2	t	t	PROPN
fsr-3836	113	3	er	er	INTJ
fsr-3836	113	4	m	m	VERB
fsr-3836	113	5	the	the	DET
fsr-3836	113	6	optimal	optimal	ADJ
fsr-3836	113	7	choice	choice	NOUN
fsr-3836	113	8	of	of	ADP
fsr-3836	113	9	index	index	NOUN
fsr-3836	113	10	-	-	PUNCT
fsr-3836	113	11	linked	link	VERB
fsr-3836	113	12	gics	gic	NOUN
fsr-3836	113	13	215	215	NUM
fsr-3836	113	14	certain	certain	ADJ
fsr-3836	113	15	level	level	NOUN
fsr-3836	113	16	.	.	PUNCT
fsr-3836	114	1	this	this	DET
fsr-3836	114	2	strategy	strategy	NOUN
fsr-3836	114	3	can	can	AUX
fsr-3836	114	4	also	also	ADV
fsr-3836	114	5	be	be	AUX
fsr-3836	114	6	implemented	implement	VERB
fsr-3836	114	7	in	in	ADP
fsr-3836	114	8	the	the	DET
fsr-3836	114	9	form	form	NOUN
fsr-3836	114	10	of	of	ADP
fsr-3836	114	11	portfolio	portfolio	NOUN
fsr-3836	114	12	insurance	insurance	NOUN
fsr-3836	114	13	with	with	ADP
fsr-3836	114	14	an	an	DET
fsr-3836	114	15	arbitrary	arbitrary	ADJ
fsr-3836	114	16	floor	floor	NOUN
fsr-3836	114	17	.	.	PUNCT
fsr-3836	115	1	before	before	ADP
fsr-3836	115	2	continuing	continue	VERB
fsr-3836	115	3	,	,	PUNCT
fsr-3836	115	4	we	we	PRON
fsr-3836	115	5	note	note	VERB
fsr-3836	115	6	an	an	DET
fsr-3836	115	7	issue	issue	NOUN
fsr-3836	115	8	related	relate	VERB
fsr-3836	115	9	to	to	ADP
fsr-3836	115	10	ilgics	ilgic	NOUN
fsr-3836	115	11	that	that	PRON
fsr-3836	115	12	we	we	PRON
fsr-3836	115	13	will	will	AUX
fsr-3836	115	14	not	not	PART
fsr-3836	115	15	discuss	discuss	VERB
fsr-3836	115	16	in	in	ADP
fsr-3836	115	17	detail	detail	NOUN
fsr-3836	115	18	,	,	PUNCT
fsr-3836	115	19	but	but	CCONJ
fsr-3836	115	20	is	be	AUX
fsr-3836	115	21	still	still	ADV
fsr-3836	115	22	relevant	relevant	ADJ
fsr-3836	115	23	.	.	PUNCT
fsr-3836	116	1	from	from	ADP
fsr-3836	116	2	a	a	DET
fsr-3836	116	3	utility	utility	NOUN
fsr-3836	116	4	based	base	VERB
fsr-3836	116	5	perspective	perspective	NOUN
fsr-3836	116	6	,	,	PUNCT
fsr-3836	116	7	there	there	PRON
fsr-3836	116	8	is	be	VERB
fsr-3836	116	9	some	some	DET
fsr-3836	116	10	question	question	NOUN
fsr-3836	116	11	as	as	ADP
fsr-3836	116	12	to	to	ADP
fsr-3836	116	13	why	why	SCONJ
fsr-3836	116	14	an	an	DET
fsr-3836	116	15	individual	individual	ADJ
fsr-3836	116	16	investor	investor	NOUN
fsr-3836	116	17	would	would	AUX
fsr-3836	116	18	want	want	VERB
fsr-3836	116	19	to	to	PART
fsr-3836	116	20	insure	insure	VERB
fsr-3836	116	21	a	a	DET
fsr-3836	116	22	portfolio	portfolio	NOUN
fsr-3836	116	23	beyond	beyond	ADP
fsr-3836	116	24	a	a	DET
fsr-3836	116	25	certain	certain	ADJ
fsr-3836	116	26	floor	floor	NOUN
fsr-3836	116	27	.	.	PUNCT
fsr-3836	117	1	indeed	indeed	ADV
fsr-3836	117	2	,	,	PUNCT
fsr-3836	117	3	it	it	PRON
fsr-3836	117	4	appears	appear	VERB
fsr-3836	117	5	that	that	SCONJ
fsr-3836	117	6	most	most	ADJ
fsr-3836	117	7	individual	individual	ADJ
fsr-3836	117	8	investors	investor	NOUN
fsr-3836	117	9	exhibit	exhibit	VERB
fsr-3836	117	10	decreasing	decrease	VERB
fsr-3836	117	11	,	,	PUNCT
fsr-3836	117	12	or	or	CCONJ
fsr-3836	117	13	at	at	ADP
fsr-3836	117	14	least	least	ADJ
fsr-3836	117	15	constant	constant	ADJ
fsr-3836	117	16	,	,	PUNCT
fsr-3836	117	17	relative	relative	ADJ
fsr-3836	117	18	risk	risk	NOUN
fsr-3836	117	19	aversion	aversion	NOUN
fsr-3836	117	20	(	(	PUNCT
fsr-3836	117	21	rra	rra	NOUN
fsr-3836	117	22	)	)	PUNCT
fsr-3836	117	23	.	.	PUNCT
fsr-3836	118	1	see	see	VERB
fsr-3836	118	2	recent	recent	ADJ
fsr-3836	118	3	empirical	empirical	ADJ
fsr-3836	118	4	work	work	NOUN
fsr-3836	118	5	by	by	ADP
fsr-3836	118	6	schooley	schooley	NOUN
fsr-3836	118	7	and	and	CCONJ
fsr-3836	118	8	worden	worden	NOUN
fsr-3836	118	9	(	(	PUNCT
fsr-3836	118	10	1996	1996	NUM
fsr-3836	118	11	)	)	PUNCT
fsr-3836	118	12	for	for	ADP
fsr-3836	118	13	evi	evi	NOUN
fsr-3836	118	14	dence	dence	NOUN
fsr-3836	118	15	and	and	CCONJ
fsr-3836	118	16	references	reference	NOUN
fsr-3836	118	17	.	.	PUNCT
fsr-3836	119	1	however	however	ADV
fsr-3836	119	2	,	,	PUNCT
fsr-3836	119	3	benninga	benninga	PROPN
fsr-3836	119	4	and	and	CCONJ
fsr-3836	119	5	blume	blume	PROPN
fsr-3836	119	6	(	(	PUNCT
fsr-3836	119	7	1985	1985	NUM
fsr-3836	119	8	)	)	PUNCT
fsr-3836	119	9	,	,	PUNCT
fsr-3836	119	10	brennan	brennan	PROPN
fsr-3836	119	11	and	and	CCONJ
fsr-3836	119	12	solanki	solanki	PROPN
fsr-3836	119	13	(	(	PUNCT
fsr-3836	119	14	1981	1981	NUM
fsr-3836	119	15	)	)	PUNCT
fsr-3836	119	16	,	,	PUNCT
fsr-3836	119	17	and	and	CCONJ
fsr-3836	119	18	many	many	ADJ
fsr-3836	119	19	others	other	NOUN
fsr-3836	119	20	show	show	VERB
fsr-3836	119	21	that	that	SCONJ
fsr-3836	119	22	even	even	ADV
fsr-3836	119	23	in	in	ADP
fsr-3836	119	24	markets	market	NOUN
fsr-3836	119	25	that	that	PRON
fsr-3836	119	26	are	be	AUX
fsr-3836	119	27	highly	highly	ADV
fsr-3836	119	28	incomplete	incomplete	ADJ
fsr-3836	119	29	,	,	PUNCT
fsr-3836	119	30	rational	rational	ADJ
fsr-3836	119	31	investors	investor	NOUN
fsr-3836	119	32	with	with	ADP
fsr-3836	119	33	decreasing	decrease	VERB
fsr-3836	119	34	relative	relative	ADJ
fsr-3836	119	35	risk	risk	NOUN
fsr-3836	119	36	aversion	aversion	NOUN
fsr-3836	119	37	will	will	AUX
fsr-3836	119	38	avoid	avoid	VERB
fsr-3836	119	39	portfolio	portfolio	NOUN
fsr-3836	119	40	insurance	insurance	NOUN
fsr-3836	119	41	strategies	strategy	NOUN
fsr-3836	119	42	.	.	PUNCT
fsr-3836	120	1	their	their	PRON
fsr-3836	120	2	research	research	NOUN
fsr-3836	120	3	questions	question	VERB
fsr-3836	120	4	the	the	DET
fsr-3836	120	5	need	need	NOUN
fsr-3836	120	6	for	for	ADP
fsr-3836	120	7	products	product	NOUN
fsr-3836	120	8	with	with	ADP
fsr-3836	120	9	arbitrary	arbitrary	ADJ
fsr-3836	120	10	guarantees	guarantee	NOUN
fsr-3836	120	11	in	in	ADP
fsr-3836	120	12	a	a	DET
fsr-3836	120	13	fully	fully	ADV
fsr-3836	120	14	rational	rational	ADJ
fsr-3836	120	15	market	market	NOUN
fsr-3836	120	16	place	place	NOUN
fsr-3836	120	17	.	.	PUNCT
fsr-3836	121	1	in	in	ADP
fsr-3836	121	2	plain	plain	ADJ
fsr-3836	121	3	english	english	PROPN
fsr-3836	121	4	,	,	PUNCT
fsr-3836	121	5	why	why	SCONJ
fsr-3836	121	6	are	be	AUX
fsr-3836	121	7	investors	investor	NOUN
fsr-3836	121	8	exhibiting	exhibit	VERB
fsr-3836	121	9	preferences	preference	NOUN
fsr-3836	121	10	that	that	PRON
fsr-3836	121	11	are	be	AUX
fsr-3836	121	12	discontinuous	discontinuous	ADJ
fsr-3836	121	13	at	at	ADP
fsr-3836	121	14	the	the	DET
fsr-3836	121	15	guaranteed	guarantee	VERB
fsr-3836	121	16	floor	floor	NOUN
fsr-3836	121	17	?	?	PUNCT
fsr-3836	122	1	nevertheless	nevertheless	ADV
fsr-3836	122	2	,	,	PUNCT
fsr-3836	122	3	these	these	DET
fsr-3836	122	4	products	product	NOUN
fsr-3836	122	5	do	do	AUX
fsr-3836	122	6	exists	exist	VERB
fsr-3836	122	7	in	in	ADP
fsr-3836	122	8	the	the	DET
fsr-3836	122	9	market	market	NOUN
fsr-3836	122	10	place	place	NOUN
fsr-3836	122	11	,	,	PUNCT
fsr-3836	122	12	and	and	CCONJ
fsr-3836	122	13	the	the	DET
fsr-3836	122	14	remainder	remainder	NOUN
fsr-3836	122	15	of	of	ADP
fsr-3836	122	16	this	this	DET
fsr-3836	122	17	paper	paper	NOUN
fsr-3836	122	18	will	will	AUX
fsr-3836	122	19	attempt	attempt	VERB
fsr-3836	122	20	to	to	PART
fsr-3836	122	21	shed	shed	VERB
fsr-3836	122	22	light	light	NOUN
fsr-3836	122	23	on	on	ADP
fsr-3836	122	24	their	their	PRON
fsr-3836	122	25	relative	relative	ADJ
fsr-3836	122	26	value	value	NOUN
fsr-3836	122	27	.	.	PUNCT
fsr-3836	123	1	we	we	PRON
fsr-3836	123	2	are	be	AUX
fsr-3836	123	3	thus	thus	ADV
fsr-3836	123	4	able	able	ADJ
fsr-3836	123	5	to	to	PART
fsr-3836	123	6	answer	answer	VERB
fsr-3836	123	7	the	the	DET
fsr-3836	123	8	ques	que	NOUN
fsr-3836	123	9	tion	tion	NOUN
fsr-3836	123	10	:	:	PUNCT
fsr-3836	123	11	“	"	PUNCT
fsr-3836	123	12	if	if	SCONJ
fsr-3836	123	13	i	i	PRON
fsr-3836	123	14	do	do	AUX
fsr-3836	123	15	want	want	VERB
fsr-3836	123	16	to	to	PART
fsr-3836	123	17	buy	buy	VERB
fsr-3836	123	18	an	an	DET
fsr-3836	123	19	ilgic	ilgic	NOUN
fsr-3836	123	20	,	,	PUNCT
fsr-3836	123	21	which	which	PRON
fsr-3836	123	22	gives	give	VERB
fsr-3836	123	23	me	i	PRON
fsr-3836	123	24	the	the	DET
fsr-3836	123	25	best	good	ADJ
fsr-3836	123	26	value	value	NOUN
fsr-3836	123	27	?	?	PUNCT
fsr-3836	123	28	’	'	PUNCT
fsr-3836	124	1	1	1	X
fsr-3836	124	2	.	.	PUNCT
fsr-3836	124	3	details	detail	NOUN
fsr-3836	124	4	of	of	ADP
fsr-3836	124	5	the	the	DET
fsr-3836	124	6	canadian	canadian	ADJ
fsr-3836	124	7	market	market	NOUN
fsr-3836	124	8	the	the	DET
fsr-3836	124	9	canadian	canadian	ADJ
fsr-3836	124	10	banking	banking	NOUN
fsr-3836	124	11	industry	industry	NOUN
fsr-3836	124	12	is	be	AUX
fsr-3836	124	13	very	very	ADV
fsr-3836	124	14	concentrated	concentrated	ADJ
fsr-3836	124	15	and	and	CCONJ
fsr-3836	124	16	dominated	dominate	VERB
fsr-3836	124	17	by	by	ADP
fsr-3836	124	18	six	six	NUM
fsr-3836	124	19	national	national	ADJ
fsr-3836	124	20	banks	bank	NOUN
fsr-3836	124	21	and	and	CCONJ
fsr-3836	124	22	two	two	NUM
fsr-3836	124	23	or	or	CCONJ
fsr-3836	124	24	three	three	NUM
fsr-3836	124	25	deposit	deposit	NOUN
fsr-3836	124	26	-	-	PUNCT
fsr-3836	124	27	taking	take	VERB
fsr-3836	124	28	trust	trust	NOUN
fsr-3836	124	29	companies	company	NOUN
fsr-3836	124	30	and	and	CCONJ
fsr-3836	124	31	regional	regional	ADJ
fsr-3836	124	32	credit	credit	NOUN
fsr-3836	124	33	unions	union	NOUN
fsr-3836	124	34	.	.	PUNCT
fsr-3836	125	1	within	within	ADP
fsr-3836	125	2	the	the	DET
fsr-3836	125	3	last	last	ADJ
fsr-3836	125	4	two	two	NUM
fsr-3836	125	5	years	year	NOUN
fsr-3836	125	6	,	,	PUNCT
fsr-3836	125	7	every	every	DET
fsr-3836	125	8	one	one	NUM
fsr-3836	125	9	of	of	ADP
fsr-3836	125	10	these	these	DET
fsr-3836	125	11	institutions	institution	NOUN
fsr-3836	125	12	has	have	AUX
fsr-3836	125	13	started	start	VERB
fsr-3836	125	14	to	to	PART
fsr-3836	125	15	offer	offer	VERB
fsr-3836	125	16	and	and	CCONJ
fsr-3836	125	17	promote	promote	VERB
fsr-3836	125	18	a	a	DET
fsr-3836	125	19	variant	variant	NOUN
fsr-3836	125	20	of	of	ADP
fsr-3836	125	21	the	the	DET
fsr-3836	125	22	index	index	NOUN
fsr-3836	125	23	linked	link	VERB
fsr-3836	125	24	gic	gic	PROPN
fsr-3836	125	25	.	.	PUNCT
fsr-3836	125	26	table	table	NOUN
fsr-3836	125	27	1	1	NUM
fsr-3836	125	28	provides	provide	VERB
fsr-3836	125	29	a	a	DET
fsr-3836	125	30	brief	brief	ADJ
fsr-3836	125	31	summary	summary	NOUN
fsr-3836	125	32	of	of	ADP
fsr-3836	125	33	the	the	DET
fsr-3836	125	34	details	detail	NOUN
fsr-3836	125	35	of	of	ADP
fsr-3836	125	36	the	the	DET
fsr-3836	125	37	most	most	ADV
fsr-3836	125	38	popular	popular	ADJ
fsr-3836	125	39	ilgics	ilgic	NOUN
fsr-3836	125	40	in	in	ADP
fsr-3836	125	41	canada	canada	PROPN
fsr-3836	125	42	together	together	ADV
fsr-3836	125	43	with	with	ADP
fsr-3836	125	44	a	a	DET
fsr-3836	125	45	description	description	NOUN
fsr-3836	125	46	of	of	ADP
fsr-3836	125	47	their	their	PRON
fsr-3836	125	48	embedded	embed	VERB
fsr-3836	125	49	options	option	NOUN
fsr-3836	125	50	.	.	PUNCT
fsr-3836	126	1	the	the	DET
fsr-3836	126	2	same	same	ADJ
fsr-3836	126	3	table	table	NOUN
fsr-3836	126	4	also	also	ADV
fsr-3836	126	5	identifies	identify	VERB
fsr-3836	126	6	the	the	DET
fsr-3836	126	7	tax	tax	NOUN
fsr-3836	126	8	consequences	consequence	NOUN
fsr-3836	126	9	of	of	ADP
fsr-3836	126	10	purchasing	purchase	VERB
fsr-3836	126	11	the	the	DET
fsr-3836	126	12	product	product	NOUN
fsr-3836	126	13	outside	outside	ADP
fsr-3836	126	14	of	of	ADP
fsr-3836	126	15	a	a	DET
fsr-3836	126	16	self	self	NOUN
fsr-3836	126	17	-	-	PUNCT
fsr-3836	126	18	directed	direct	VERB
fsr-3836	126	19	pension	pension	NOUN
fsr-3836	126	20	plan	plan	NOUN
fsr-3836	126	21	.	.	PUNCT
fsr-3836	127	1	(	(	PUNCT
fsr-3836	127	2	in	in	ADP
fsr-3836	127	3	canada	canada	PROPN
fsr-3836	127	4	they	they	PRON
fsr-3836	127	5	are	be	AUX
fsr-3836	127	6	called	call	VERB
fsr-3836	127	7	registered	registered	ADJ
fsr-3836	127	8	retirement	retirement	NOUN
fsr-3836	127	9	saving	saving	NOUN
fsr-3836	127	10	plans	plan	NOUN
fsr-3836	127	11	similar	similar	ADJ
fsr-3836	127	12	to	to	ADP
fsr-3836	127	13	iras	ira	NOUN
fsr-3836	127	14	and	and	CCONJ
fsr-3836	127	15	401(k)s	401(k)s	PROPN
fsr-3836	127	16	in	in	ADP
fsr-3836	127	17	the	the	DET
fsr-3836	127	18	united	united	PROPN
fsr-3836	127	19	states	states	PROPN
fsr-3836	127	20	.	.	PUNCT
fsr-3836	127	21	)	)	PUNCT
fsr-3836	128	1	we	we	PRON
fsr-3836	128	2	also	also	ADV
fsr-3836	128	3	note	note	VERB
fsr-3836	128	4	that	that	SCONJ
fsr-3836	128	5	some	some	PRON
fsr-3836	128	6	of	of	ADP
fsr-3836	128	7	the	the	DET
fsr-3836	128	8	products	product	NOUN
fsr-3836	128	9	have	have	AUX
fsr-3836	128	10	embedded	embed	VERB
fsr-3836	128	11	averaging	average	VERB
fsr-3836	128	12	fea	fea	PROPN
fsr-3836	128	13	tures	ture	NOUN
fsr-3836	128	14	which	which	PRON
fsr-3836	128	15	reduce	reduce	VERB
fsr-3836	128	16	the	the	DET
fsr-3836	128	17	final	final	ADJ
fsr-3836	128	18	payoff	payoff	NOUN
fsr-3836	128	19	from	from	ADP
fsr-3836	128	20	the	the	DET
fsr-3836	128	21	ilgic	ilgic	NOUN
fsr-3836	128	22	compared	compare	VERB
fsr-3836	128	23	to	to	ADP
fsr-3836	128	24	the	the	DET
fsr-3836	128	25	performance	performance	NOUN
fsr-3836	128	26	of	of	ADP
fsr-3836	128	27	the	the	DET
fsr-3836	128	28	market	market	NOUN
fsr-3836	128	29	.	.	PUNCT
fsr-3836	129	1	these	these	DET
fsr-3836	129	2	products	product	NOUN
fsr-3836	129	3	would	would	AUX
fsr-3836	129	4	fall	fall	VERB
fsr-3836	129	5	under	under	ADP
fsr-3836	129	6	the	the	DET
fsr-3836	129	7	broad	broad	ADJ
fsr-3836	129	8	category	category	NOUN
fsr-3836	129	9	of	of	ADP
fsr-3836	129	10	p	p	NOUN
fsr-3836	129	11	-	-	PUNCT
fsr-3836	129	12	ilgics	ilgic	NOUN
fsr-3836	129	13	since	since	SCONJ
fsr-3836	129	14	their	their	PRON
fsr-3836	129	15	final	final	ADJ
fsr-3836	129	16	payoff	payoff	NOUN
fsr-3836	129	17	is	be	AUX
fsr-3836	129	18	proportionally	proportionally	ADV
fsr-3836	129	19	reduced	reduce	VERB
fsr-3836	129	20	.	.	PUNCT
fsr-3836	130	1	the	the	DET
fsr-3836	130	2	actual	actual	ADJ
fsr-3836	130	3	decomposition	decomposition	NOUN
fsr-3836	130	4	would	would	AUX
fsr-3836	130	5	involve	involve	VERB
fsr-3836	130	6	asian	asian	ADJ
fsr-3836	130	7	options	option	NOUN
fsr-3836	130	8	which	which	PRON
fsr-3836	130	9	would	would	AUX
fsr-3836	130	10	be	be	AUX
fsr-3836	130	11	bounded	bound	VERB
fsr-3836	130	12	from	from	ADP
fsr-3836	130	13	above	above	ADV
fsr-3836	130	14	by	by	ADP
fsr-3836	130	15	the	the	DET
fsr-3836	130	16	corresponding	corresponding	ADJ
fsr-3836	130	17	vanilla	vanilla	NOUN
fsr-3836	130	18	options	option	NOUN
fsr-3836	130	19	.	.	PUNCT
fsr-3836	131	1	our	our	PRON
fsr-3836	131	2	numerical	numerical	ADJ
fsr-3836	131	3	examples	example	NOUN
fsr-3836	131	4	,	,	PUNCT
fsr-3836	131	5	however	however	ADV
fsr-3836	131	6	,	,	PUNCT
fsr-3836	131	7	focus	focus	VERB
fsr-3836	131	8	on	on	ADP
fsr-3836	131	9	products	product	NOUN
fsr-3836	131	10	offered	offer	VERB
fsr-3836	131	11	by	by	ADP
fsr-3836	131	12	laurentian	laurentian	ADJ
fsr-3836	131	13	bank	bank	PROPN
fsr-3836	131	14	and	and	CCONJ
fsr-3836	131	15	the	the	DET
fsr-3836	131	16	bank	bank	NOUN
fsr-3836	131	17	of	of	ADP
fsr-3836	131	18	nova	nova	PROPN
fsr-3836	131	19	scotia	scotia	PROPN
fsr-3836	131	20	that	that	PRON
fsr-3836	131	21	do	do	AUX
fsr-3836	131	22	not	not	PART
fsr-3836	131	23	contain	contain	VERB
fsr-3836	131	24	this	this	DET
fsr-3836	131	25	added	add	VERB
fsr-3836	131	26	complication	complication	NOUN
fsr-3836	131	27	.	.	PUNCT
fsr-3836	132	1	iii	iii	X
fsr-3836	132	2	.	.	PUNCT
fsr-3836	132	3	pricing	pricing	NOUN
fsr-3836	132	4	relationship	relationship	NOUN
fsr-3836	132	5	this	this	DET
fsr-3836	132	6	section	section	NOUN
fsr-3836	132	7	will	will	AUX
fsr-3836	132	8	present	present	VERB
fsr-3836	132	9	a	a	DET
fsr-3836	132	10	formula	formula	NOUN
fsr-3836	132	11	for	for	ADP
fsr-3836	132	12	the	the	DET
fsr-3836	132	13	market	market	NOUN
fsr-3836	132	14	value	value	NOUN
fsr-3836	132	15	of	of	ADP
fsr-3836	132	16	an	an	DET
fsr-3836	132	17	ilgic	ilgic	NOUN
fsr-3836	132	18	,	,	PUNCT
fsr-3836	132	19	as	as	ADP
fsr-3836	132	20	a	a	DET
fsr-3836	132	21	percent	percent	NOUN
fsr-3836	132	22	ofpur	ofpur	NOUN
fsr-3836	132	23	,	,	PUNCT
fsr-3836	132	24	in	in	ADP
fsr-3836	132	25	a	a	DET
fsr-3836	132	26	black	black	ADJ
fsr-3836	132	27	and	and	CCONJ
fsr-3836	132	28	scholes	schole	NOUN
fsr-3836	132	29	(	(	PUNCT
fsr-3836	132	30	1973	1973	NUM
fsr-3836	132	31	)	)	PUNCT
fsr-3836	132	32	and	and	CCONJ
fsr-3836	132	33	met	meet	VERB
fsr-3836	132	34	-	-	PUNCT
fsr-3836	132	35	ton	ton	NOUN
fsr-3836	132	36	(	(	PUNCT
fsr-3836	132	37	1973)framework	1973)framework	NOUN
fsr-3836	132	38	.	.	PUNCT
fsr-3836	133	1	by	by	ADP
fsr-3836	133	2	percent	percent	NOUN
fsr-3836	133	3	ofpur	ofpur	NOUN
fsr-3836	133	4	we	we	PRON
fsr-3836	133	5	mean	mean	VERB
fsr-3836	133	6	the	the	DET
fsr-3836	133	7	ratio	ratio	NOUN
fsr-3836	133	8	of	of	ADP
fsr-3836	133	9	the	the	DET
fsr-3836	133	10	theoretical	theoretical	ADJ
fsr-3836	133	11	price	price	NOUN
fsr-3836	133	12	to	to	ADP
fsr-3836	133	13	the	the	DET
fsr-3836	133	14	initial	initial	ADJ
fsr-3836	133	15	investment	investment	NOUN
fsr-3836	133	16	in	in	ADP
fsr-3836	133	17	the	the	DET
fsr-3836	133	18	ilgic	ilgic	NOUN
fsr-3836	133	19	.	.	PUNCT
fsr-3836	134	1	thus	thus	ADV
fsr-3836	134	2	,	,	PUNCT
fsr-3836	134	3	a	a	DET
fsr-3836	134	4	value	value	NOUN
fsr-3836	134	5	equal	equal	ADJ
fsr-3836	134	6	to	to	ADP
fsr-3836	134	7	one	one	NUM
fsr-3836	134	8	denotes	denote	NOUN
fsr-3836	134	9	a	a	DET
fsr-3836	134	10	fairly	fairly	ADV
fsr-3836	134	11	priced	price	VERB
fsr-3836	134	12	ilgic	ilgic	NOUN
fsr-3836	134	13	,	,	PUNCT
fsr-3836	134	14	a	a	DET
fsr-3836	134	15	value	value	NOUN
fsr-3836	134	16	less	less	ADJ
fsr-3836	134	17	than	than	ADP
fsr-3836	134	18	one	one	NUM
fsr-3836	134	19	denotes	denote	NOUN
fsr-3836	134	20	an	an	DET
fsr-3836	134	21	unfairly	unfairly	ADV
fsr-3836	134	22	priced	price	VERB
fsr-3836	134	23	ilgic	ilgic	NOUN
fsr-3836	134	24	,	,	PUNCT
fsr-3836	134	25	and	and	CCONJ
fsr-3836	134	26	a	a	DET
fsr-3836	134	27	value	value	NOUN
fsr-3836	134	28	greater	great	ADJ
fsr-3836	134	29	than	than	ADP
fsr-3836	134	30	one	one	NUM
fsr-3836	134	31	denotes	denote	NOUN
fsr-3836	134	32	a	a	DET
fsr-3836	134	33	super	super	ADJ
fsr-3836	134	34	-	-	ADJ
fsr-3836	134	35	fairly	fairly	ADV
fsr-3836	134	36	priced	price	VERB
fsr-3836	134	37	ilgic	ilgic	NOUN
fsr-3836	134	38	.	.	PUNCT
fsr-3836	135	1	a	a	DET
fsr-3836	135	2	super	super	ADJ
fsr-3836	135	3	-	-	ADJ
fsr-3836	135	4	fairly	fairly	ADV
fsr-3836	135	5	priced	price	VERB
fsr-3836	135	6	ilgic	ilgic	NOUN
fsr-3836	135	7	will	will	AUX
fsr-3836	135	8	admit	admit	VERB
fsr-3836	135	9	arbitrage	arbitrage	NOUN
fsr-3836	135	10	and	and	CCONJ
fsr-3836	135	11	is	be	AUX
fsr-3836	135	12	thus	thus	ADV
fsr-3836	135	13	very	very	ADV
fsr-3836	135	14	unlikely	unlikely	ADJ
fsr-3836	135	15	to	to	PART
fsr-3836	135	16	exist	exist	VERB
fsr-3836	135	17	.	.	PUNCT
fsr-3836	136	1	our	our	PRON
fsr-3836	136	2	main	main	ADJ
fsr-3836	136	3	goal	goal	NOUN
fsr-3836	136	4	is	be	AUX
fsr-3836	136	5	to	to	PART
fsr-3836	136	6	calculate	calculate	VERB
fsr-3836	136	7	values	value	NOUN
fsr-3836	136	8	per	per	ADP
fsr-3836	136	9	premium	premium	ADJ
fsr-3836	136	10	dollar	dollar	NOUN
fsr-3836	136	11	(	(	PUNCT
fsr-3836	136	12	vpds	vpds	PROPN
fsr-3836	136	13	)	)	PUNCT
fsr-3836	136	14	for	for	ADP
fsr-3836	136	15	the	the	DET
fsr-3836	136	16	various	various	ADJ
fsr-3836	136	17	prod	prod	NOUN
fsr-3836	136	18	ucts	uct	NOUN
fsr-3836	136	19	available	available	ADJ
fsr-3836	136	20	in	in	ADP
fsr-3836	136	21	the	the	DET
fsr-3836	136	22	canadian	canadian	ADJ
fsr-3836	136	23	market	market	NOUN
fsr-3836	136	24	place	place	NOUN
fsr-3836	136	25	.	.	PUNCT
fsr-3836	137	1	we	we	PRON
fsr-3836	137	2	achieve	achieve	VERB
fsr-3836	137	3	this	this	PRON
fsr-3836	137	4	by	by	ADP
fsr-3836	137	5	computing	compute	VERB
fsr-3836	137	6	the	the	DET
fsr-3836	137	7	risk	risk	NOUN
fsr-3836	137	8	-	-	PUNCT
fsr-3836	137	9	neutral	neutral	ADJ
fsr-3836	137	10	276	276	NUM
fsr-3836	137	11	financial	financial	ADJ
fsr-3836	137	12	services	service	NOUN
fsr-3836	137	13	review	review	NOUN
fsr-3836	137	14	6(4	6(4	NUM
fsr-3836	137	15	)	)	PUNCT
fsr-3836	137	16	1997	1997	NUM
fsr-3836	137	17	expected	expect	VERB
fsr-3836	137	18	payoff	payoff	NOUN
fsr-3836	137	19	from	from	ADP
fsr-3836	137	20	the	the	DET
fsr-3836	137	21	c	c	NOUN
fsr-3836	137	22	-	-	NOUN
fsr-3836	137	23	ilgic	ilgic	NOUN
fsr-3836	137	24	and	and	CCONJ
fsr-3836	137	25	p	p	NOUN
fsr-3836	137	26	-	-	PUNCT
fsr-3836	137	27	ilgic	ilgic	NOUN
fsr-3836	137	28	and	and	CCONJ
fsr-3836	137	29	then	then	ADV
fsr-3836	137	30	discounting	discount	VERB
fsr-3836	137	31	by	by	ADP
fsr-3836	137	32	the	the	DET
fsr-3836	137	33	appropriate	appropriate	ADJ
fsr-3836	137	34	risk	risk	NOUN
fsr-3836	137	35	-	-	PUNCT
fsr-3836	137	36	free	free	ADJ
fsr-3836	137	37	rate	rate	NOUN
fsr-3836	137	38	to	to	PART
fsr-3836	137	39	obtain	obtain	VERB
fsr-3836	137	40	the	the	DET
fsr-3836	137	41	present	present	ADJ
fsr-3836	137	42	value	value	NOUN
fsr-3836	137	43	.	.	PUNCT
fsr-3836	138	1	1	1	X
fsr-3836	138	2	.	.	X
fsr-3836	138	3	c	c	X
fsr-3836	138	4	-	-	PUNCT
fsr-3836	138	5	ilgic	ilgic	VERB
fsr-3836	138	6	an	an	DET
fsr-3836	138	7	investor	investor	NOUN
fsr-3836	138	8	places	place	VERB
fsr-3836	138	9	an	an	DET
fsr-3836	138	10	amount	amount	NOUN
fsr-3836	138	11	,	,	PUNCT
fsr-3836	138	12	denoted	denote	VERB
fsr-3836	138	13	by	by	ADP
fsr-3836	138	14	i	i	PRON
fsr-3836	138	15	,	,	PUNCT
fsr-3836	138	16	in	in	ADP
fsr-3836	138	17	a	a	DET
fsr-3836	138	18	c	c	NOUN
fsr-3836	138	19	-	-	NOUN
fsr-3836	138	20	ilgic	ilgic	NOUN
fsr-3836	138	21	.	.	PUNCT
fsr-3836	139	1	the	the	DET
fsr-3836	139	2	payoff	payoff	NOUN
fsr-3836	139	3	from	from	ADP
fsr-3836	139	4	the	the	DET
fsr-3836	139	5	c	c	NOUN
fsr-3836	139	6	ilgic	ilgic	NOUN
fsr-3836	139	7	,	,	PUNCT
fsr-3836	139	8	at	at	ADP
fsr-3836	139	9	maturity	maturity	NOUN
fsr-3836	139	10	,	,	PUNCT
fsr-3836	139	11	is	be	AUX
fsr-3836	139	12	:	:	PUNCT
fsr-3836	139	13	i	i	PRON
fsr-3836	139	14	lexp{ct	lexp{ct	NOUN
fsr-3836	139	15	}	}	PUNCT
fsr-3836	139	16	,	,	PUNCT
fsr-3836	139	17	if	if	SCONJ
fsr-3836	139	18	st	st	PROPN
fsr-3836	139	19	exp	exp	PROPN
fsr-3836	139	20	{	{	PUNCT
fsr-3836	139	21	ct	ct	PROPN
fsr-3836	139	22	}	}	PUNCT
fsr-3836	139	23	i	i	PRON
fsr-3836	140	1	so	so	ADV
fsr-3836	140	2	st	st	PROPN
fsr-3836	141	1	i	i	PROPN
fsr-3836	141	2	>	>	X
fsr-3836	141	3	st	st	PROPN
fsr-3836	142	1	so	so	ADV
fsr-3836	142	2	if	if	SCONJ
fsr-3836	142	3	exp{gct	exp{gct	PROPN
fsr-3836	142	4	)	)	PUNCT
fsr-3836	143	1	i	i	PRON
fsr-3836	143	2	:	:	PUNCT
fsr-3836	143	3	5	5	NUM
fsr-3836	143	4	exp{ct	exp{ct	NOUN
fsr-3836	143	5	}	}	PUNCT
fsr-3836	143	6	so	so	CCONJ
fsr-3836	143	7	(	(	PUNCT
fsr-3836	143	8	1	1	X
fsr-3836	143	9	)	)	PUNCT
fsr-3836	143	10	i	i	PRON
fsr-3836	143	11	zexp{ct	zexp{ct	NOUN
fsr-3836	143	12	}	}	PUNCT
fsr-3836	143	13	,	,	PUNCT
fsr-3836	143	14	if	if	SCONJ
fsr-3836	143	15	st	st	PROPN
fsr-3836	143	16	s	s	AUX
fsr-3836	143	17	_	_	PRON
fsr-3836	143	18	s	s	PART
fsr-3836	143	19	e	e	NOUN
fsr-3836	143	20	-	-	NOUN
fsr-3836	143	21	v{gcti	v{gcti	NOUN
fsr-3836	143	22	0	0	PUNCT
fsr-3836	143	23	where	where	SCONJ
fsr-3836	143	24	c	c	AUX
fsr-3836	143	25	>	>	X
fsr-3836	143	26	0	0	NUM
fsr-3836	143	27	is	be	AUX
fsr-3836	143	28	the	the	DET
fsr-3836	143	29	annualized	annualize	VERB
fsr-3836	143	30	cap	cap	NOUN
fsr-3836	143	31	rate	rate	NOUN
fsr-3836	143	32	,	,	PUNCT
fsr-3836	143	33	g	g	NOUN
fsr-3836	143	34	,	,	PUNCT
fsr-3836	143	35	2	2	NUM
fsr-3836	143	36	0	0	NUM
fsr-3836	143	37	is	be	AUX
fsr-3836	143	38	the	the	DET
fsr-3836	143	39	annualized	annualize	VERB
fsr-3836	143	40	guaranteed	guarantee	VERB
fsr-3836	143	41	minimal	minimal	ADJ
fsr-3836	143	42	interest	interest	NOUN
fsr-3836	143	43	floor	floor	NOUN
fsr-3836	143	44	,	,	PUNCT
fsr-3836	143	45	t	t	PROPN
fsr-3836	143	46	is	be	AUX
fsr-3836	143	47	the	the	DET
fsr-3836	143	48	time	time	NOUN
fsr-3836	143	49	to	to	ADP
fsr-3836	143	50	maturity	maturity	NOUN
fsr-3836	143	51	,	,	PUNCT
fsr-3836	143	52	so	so	ADV
fsr-3836	143	53	is	be	AUX
fsr-3836	143	54	the	the	DET
fsr-3836	143	55	initial	initial	ADJ
fsr-3836	143	56	level	level	NOUN
fsr-3836	143	57	of	of	ADP
fsr-3836	143	58	the	the	DET
fsr-3836	143	59	stock	stock	NOUN
fsr-3836	143	60	index	index	NOUN
fsr-3836	143	61	and	and	CCONJ
fsr-3836	143	62	st	st	PROPN
fsr-3836	143	63	is	be	AUX
fsr-3836	143	64	the	the	DET
fsr-3836	143	65	(	(	PUNCT
fsr-3836	143	66	sto	sto	ADJ
fsr-3836	143	67	chastic	chastic	ADJ
fsr-3836	143	68	)	)	PUNCT
fsr-3836	143	69	value	value	NOUN
fsr-3836	143	70	of	of	ADP
fsr-3836	143	71	the	the	DET
fsr-3836	143	72	stock	stock	NOUN
fsr-3836	143	73	index	index	NOUN
fsr-3836	143	74	at	at	ADP
fsr-3836	143	75	maturity	maturity	NOUN
fsr-3836	143	76	.	.	PUNCT
fsr-3836	144	1	by	by	ADP
fsr-3836	144	2	definition	definition	NOUN
fsr-3836	144	3	we	we	PRON
fsr-3836	144	4	assume	assume	VERB
fsr-3836	144	5	that	that	SCONJ
fsr-3836	144	6	c	c	AUX
fsr-3836	144	7	>	>	X
fsr-3836	144	8	g	g	PROPN
fsr-3836	144	9	,	,	PUNCT
fsr-3836	144	10	for	for	ADP
fsr-3836	144	11	the	the	DET
fsr-3836	144	12	ilgic	ilgic	NOUN
fsr-3836	144	13	to	to	PART
fsr-3836	144	14	make	make	VERB
fsr-3836	144	15	sense	sense	NOUN
fsr-3836	144	16	.	.	PUNCT
fsr-3836	145	1	from	from	ADP
fsr-3836	145	2	a	a	DET
fsr-3836	145	3	qualitative	qualitative	ADJ
fsr-3836	145	4	perspective	perspective	NOUN
fsr-3836	145	5	,	,	PUNCT
fsr-3836	145	6	if	if	SCONJ
fsr-3836	145	7	the	the	DET
fsr-3836	145	8	one	one	NUM
fsr-3836	145	9	-	-	PUNCT
fsr-3836	145	10	plus	plus	CCONJ
fsr-3836	145	11	total	total	ADJ
fsr-3836	145	12	return	return	NOUN
fsr-3836	145	13	from	from	ADP
fsr-3836	145	14	the	the	DET
fsr-3836	145	15	stock	stock	NOUN
fsr-3836	145	16	market	market	NOUN
fsr-3836	145	17	index	index	NOUN
fsr-3836	145	18	,	,	PUNCT
fsr-3836	145	19	s&so	s&so	ADV
fsr-3836	145	20	over	over	ADP
fsr-3836	145	21	the	the	DET
fsr-3836	145	22	time	time	NOUN
fsr-3836	145	23	period	period	NOUN
fsr-3836	145	24	[	[	X
fsr-3836	145	25	oj	oj	X
fsr-3836	145	26	,	,	PUNCT
fsr-3836	145	27	is	be	AUX
fsr-3836	145	28	less	less	ADJ
fsr-3836	145	29	than	than	ADP
fsr-3836	145	30	the	the	DET
fsr-3836	145	31	minimal	minimal	ADJ
fsr-3836	145	32	guarantee	guarantee	NOUN
fsr-3836	145	33	exp{g	exp{g	VERB
fsr-3836	145	34	,	,	PUNCT
fsr-3836	145	35	t	t	PROPN
fsr-3836	145	36	}	}	PUNCT
fsr-3836	145	37	,	,	PUNCT
fsr-3836	145	38	the	the	DET
fsr-3836	145	39	payoff	payoff	NOUN
fsr-3836	145	40	from	from	ADP
fsr-3836	145	41	the	the	DET
fsr-3836	145	42	c	c	NOUN
fsr-3836	145	43	-	-	PUNCT
fsr-3836	145	44	ilgic	ilgic	NOUN
fsr-3836	145	45	is	be	AUX
fsr-3836	145	46	simply	simply	ADV
fsr-3836	145	47	i	i	PRON
fsr-3836	145	48	exp{g	exp{g	VERB
fsr-3836	145	49	,	,	PUNCT
fsr-3836	145	50	t	t	PROPN
fsr-3836	145	51	}	}	PUNCT
fsr-3836	145	52	.	.	PUNCT
fsr-3836	146	1	on	on	ADP
fsr-3836	146	2	the	the	DET
fsr-3836	146	3	other	other	ADJ
fsr-3836	146	4	hand	hand	NOUN
fsr-3836	146	5	,	,	PUNCT
fsr-3836	146	6	if	if	SCONJ
fsr-3836	146	7	the	the	DET
fsr-3836	146	8	one	one	NUM
fsr-3836	146	9	plus	plus	CCONJ
fsr-3836	146	10	total	total	ADJ
fsr-3836	146	11	return	return	NOUN
fsr-3836	146	12	from	from	ADP
fsr-3836	146	13	the	the	DET
fsr-3836	146	14	stock	stock	NOUN
fsr-3836	146	15	market	market	NOUN
fsr-3836	146	16	index	index	NOUN
fsr-3836	146	17	,	,	PUNCT
fsr-3836	146	18	s&su	s&su	PROPN
fsr-3836	146	19	over	over	ADP
fsr-3836	146	20	the	the	DET
fsr-3836	146	21	time	time	NOUN
fsr-3836	146	22	period	period	NOUN
fsr-3836	146	23	[	[	X
fsr-3836	146	24	o	o	NOUN
fsr-3836	146	25	,	,	PUNCT
fsr-3836	146	26	z’j	z’j	PROPN
fsr-3836	146	27	,	,	PUNCT
fsr-3836	146	28	is	be	AUX
fsr-3836	146	29	greater	great	ADJ
fsr-3836	146	30	than	than	ADP
fsr-3836	146	31	the	the	DET
fsr-3836	146	32	minimal	minimal	ADJ
fsr-3836	146	33	guarantee	guarantee	NOUN
fsr-3836	146	34	exp{g	exp{g	VERB
fsr-3836	146	35	,	,	PUNCT
fsr-3836	146	36	t	t	PROPN
fsr-3836	146	37	}	}	PUNCT
fsr-3836	146	38	,	,	PUNCT
fsr-3836	146	39	but	but	CCONJ
fsr-3836	146	40	less	less	ADJ
fsr-3836	146	41	than	than	ADP
fsr-3836	146	42	the	the	DET
fsr-3836	146	43	total	total	ADJ
fsr-3836	146	44	cap	cap	NOUN
fsr-3836	146	45	exp{ct	exp{ct	ADV
fsr-3836	146	46	}	}	PUNCT
fsr-3836	146	47	,	,	PUNCT
fsr-3836	146	48	the	the	DET
fsr-3836	146	49	payoff	payoff	NOUN
fsr-3836	146	50	from	from	ADP
fsr-3836	146	51	the	the	DET
fsr-3836	146	52	c	c	NOUN
fsr-3836	146	53	-	-	PUNCT
fsr-3836	146	54	ilgic	ilgic	NOUN
fsr-3836	146	55	is	be	AUX
fsr-3836	146	56	i	i	PRON
fsr-3836	146	57	(	(	PUNCT
fsr-3836	146	58	st	st	PROPN
fsr-3836	146	59	/	/	SYM
fsr-3836	146	60	so	so	PROPN
fsr-3836	146	61	)	)	PUNCT
fsr-3836	146	62	.	.	PUNCT
fsr-3836	147	1	finally	finally	ADV
fsr-3836	147	2	,	,	PUNCT
fsr-3836	147	3	if	if	SCONJ
fsr-3836	147	4	the	the	DET
fsr-3836	147	5	one	one	NUM
fsr-3836	147	6	-	-	PUNCT
fsr-3836	147	7	plus	plus	CCONJ
fsr-3836	147	8	total	total	ADJ
fsr-3836	147	9	return	return	NOUN
fsr-3836	147	10	from	from	ADP
fsr-3836	147	11	the	the	DET
fsr-3836	147	12	stock	stock	NOUN
fsr-3836	147	13	market	market	NOUN
fsr-3836	147	14	index	index	NOUN
fsr-3836	147	15	,	,	PUNCT
fsr-3836	147	16	s&so	s&so	ADV
fsr-3836	147	17	over	over	ADP
fsr-3836	147	18	the	the	DET
fsr-3836	147	19	time	time	NOUN
fsr-3836	147	20	period	period	NOUN
fsr-3836	147	21	[	[	X
fsr-3836	147	22	0	0	NUM
fsr-3836	147	23	,	,	PUNCT
fsr-3836	147	24	t	t	PROPN
fsr-3836	147	25	]	]	PUNCT
fsr-3836	147	26	,	,	PUNCT
fsr-3836	147	27	is	be	AUX
fsr-3836	147	28	greater	great	ADJ
fsr-3836	147	29	than	than	ADP
fsr-3836	147	30	the	the	DET
fsr-3836	147	31	total	total	ADJ
fsr-3836	147	32	cap	cap	NOUN
fsr-3836	147	33	exp{ct	exp{ct	ADV
fsr-3836	147	34	}	}	PUNCT
fsr-3836	147	35	,	,	PUNCT
fsr-3836	147	36	the	the	DET
fsr-3836	147	37	payoff	payoff	NOUN
fsr-3836	147	38	from	from	ADP
fsr-3836	147	39	the	the	DET
fsr-3836	147	40	c	c	NOUN
fsr-3836	147	41	-	-	PUNCT
fsr-3836	147	42	ilgic	ilgic	NOUN
fsr-3836	147	43	is	be	AUX
fsr-3836	147	44	(	(	PUNCT
fsr-3836	147	45	capped	cap	VERB
fsr-3836	147	46	at	at	ADP
fsr-3836	147	47	)	)	PUNCT
fsr-3836	147	48	i	i	PRON
fsr-3836	147	49	exp{ct	exp{ct	ADJ
fsr-3836	147	50	}	}	PUNCT
fsr-3836	147	51	.	.	PUNCT
fsr-3836	148	1	the	the	DET
fsr-3836	148	2	three	three	NUM
fsr-3836	148	3	branches	branch	NOUN
fsr-3836	148	4	of	of	ADP
fsr-3836	148	5	the	the	DET
fsr-3836	148	6	payoff	payoff	NOUN
fsr-3836	148	7	structure	structure	NOUN
fsr-3836	148	8	can	can	AUX
fsr-3836	148	9	be	be	AUX
fsr-3836	148	10	com	com	NOUN
fsr-3836	148	11	bined	bin	VERB
fsr-3836	148	12	using	use	VERB
fsr-3836	148	13	the	the	DET
fsr-3836	148	14	max	max	PROPN
fsr-3836	148	15	[	[	PUNCT
fsr-3836	148	16	.	.	PUNCT
fsr-3836	148	17	]	]	PUNCT
fsr-3836	148	18	operator	operator	NOUN
fsr-3836	148	19	.	.	PUNCT
fsr-3836	149	1	see	see	VERB
fsr-3836	149	2	the	the	DET
fsr-3836	149	3	appendix	appendix	NOUN
fsr-3836	149	4	for	for	ADP
fsr-3836	149	5	details	detail	NOUN
fsr-3836	149	6	.	.	PUNCT
fsr-3836	150	1	2	2	X
fsr-3836	150	2	.	.	X
fsr-3836	150	3	p	p	X
fsr-3836	150	4	-	-	PUNCT
fsr-3836	150	5	ilgic	ilgic	NOUN
fsr-3836	150	6	upon	upon	SCONJ
fsr-3836	150	7	investing	invest	VERB
fsr-3836	150	8	i	i	PRON
fsr-3836	150	9	in	in	ADP
fsr-3836	150	10	the	the	DET
fsr-3836	150	11	participating	participate	VERB
fsr-3836	150	12	ilgic	ilgic	NOUN
fsr-3836	150	13	,	,	PUNCT
fsr-3836	150	14	the	the	DET
fsr-3836	150	15	payoff	payoff	NOUN
fsr-3836	150	16	is	be	AUX
fsr-3836	150	17	:	:	PUNCT
fsr-3836	150	18	if	if	SCONJ
fsr-3836	150	19	~ewg,,ti	~ewg,,ti	NOUN
fsr-3836	150	20	,	,	PUNCT
fsr-3836	150	21	if	if	SCONJ
fsr-3836	150	22	(	(	PUNCT
fsr-3836	150	23	2	2	NUM
fsr-3836	150	24	)	)	PUNCT
fsr-3836	150	25	where	where	SCONJ
fsr-3836	150	26	p	p	NOUN
fsr-3836	150	27	>	>	X
fsr-3836	150	28	0	0	NUM
fsr-3836	150	29	is	be	AUX
fsr-3836	150	30	the	the	DET
fsr-3836	150	31	participation	participation	NOUN
fsr-3836	150	32	rate	rate	NOUN
fsr-3836	150	33	,	,	PUNCT
fsr-3836	150	34	gp	gp	NOUN
fsr-3836	150	35	2	2	NUM
fsr-3836	150	36	0	0	NUM
fsr-3836	150	37	is	be	AUX
fsr-3836	150	38	the	the	DET
fsr-3836	150	39	annual	annual	ADJ
fsr-3836	150	40	guaranteed	guarantee	VERB
fsr-3836	150	41	minimal	minimal	ADJ
fsr-3836	150	42	interest	interest	NOUN
fsr-3836	150	43	floor	floor	NOUN
fsr-3836	150	44	,	,	PUNCT
fsr-3836	150	45	t	t	PROPN
fsr-3836	150	46	is	be	AUX
fsr-3836	150	47	the	the	DET
fsr-3836	150	48	time	time	NOUN
fsr-3836	150	49	to	to	ADP
fsr-3836	150	50	maturity	maturity	NOUN
fsr-3836	150	51	,	,	PUNCT
fsr-3836	150	52	su	su	PROPN
fsr-3836	150	53	is	be	AUX
fsr-3836	150	54	the	the	DET
fsr-3836	150	55	initial	initial	ADJ
fsr-3836	150	56	level	level	NOUN
fsr-3836	150	57	of	of	ADP
fsr-3836	150	58	the	the	DET
fsr-3836	150	59	stock	stock	NOUN
fsr-3836	150	60	index	index	NOUN
fsr-3836	150	61	and	and	CCONJ
fsr-3836	150	62	st	st	PROPN
fsr-3836	150	63	is	be	AUX
fsr-3836	150	64	the	the	DET
fsr-3836	150	65	(	(	PUNCT
fsr-3836	150	66	stochastic	stochastic	NOUN
fsr-3836	150	67	)	)	PUNCT
fsr-3836	150	68	value	value	NOUN
fsr-3836	150	69	of	of	ADP
fsr-3836	150	70	the	the	DET
fsr-3836	150	71	stock	stock	NOUN
fsr-3836	150	72	index	index	NOUN
fsr-3836	150	73	at	at	ADP
fsr-3836	150	74	maturity	maturity	NOUN
fsr-3836	150	75	.	.	PUNCT
fsr-3836	151	1	intuitively	intuitively	ADV
fsr-3836	151	2	,	,	PUNCT
fsr-3836	151	3	if	if	SCONJ
fsr-3836	151	4	one	one	NUM
fsr-3836	151	5	-	-	PUNCT
fsr-3836	151	6	plus	plus	CCONJ
fsr-3836	151	7	p%	p%	NOUN
fsr-3836	151	8	of	of	ADP
fsr-3836	151	9	the	the	DET
fsr-3836	151	10	total	total	ADJ
fsr-3836	151	11	return	return	NOUN
fsr-3836	151	12	from	from	ADP
fsr-3836	151	13	the	the	DET
fsr-3836	151	14	stock	stock	NOUN
fsr-3836	151	15	market	market	NOUN
fsr-3836	151	16	over	over	ADP
fsr-3836	151	17	the	the	DET
fsr-3836	151	18	time	time	NOUN
fsr-3836	151	19	period	period	NOUN
fsr-3836	151	20	[	[	X
fsr-3836	151	21	0	0	NUM
fsr-3836	151	22	,	,	PUNCT
fsr-3836	151	23	t	t	PROPN
fsr-3836	151	24	]	]	PUNCT
fsr-3836	151	25	,	,	PUNCT
fsr-3836	151	26	is	be	AUX
fsr-3836	151	27	less	less	ADJ
fsr-3836	151	28	than	than	ADP
fsr-3836	151	29	the	the	DET
fsr-3836	151	30	minimal	minimal	ADJ
fsr-3836	151	31	guarantee	guarantee	NOUN
fsr-3836	151	32	exp{gpt	exp{gpt	NOUN
fsr-3836	151	33	}	}	PUNCT
fsr-3836	151	34	,	,	PUNCT
fsr-3836	151	35	the	the	DET
fsr-3836	151	36	payoff	payoff	NOUN
fsr-3836	151	37	from	from	ADP
fsr-3836	151	38	the	the	DET
fsr-3836	151	39	c	c	NOUN
fsr-3836	151	40	-	-	PUNCT
fsr-3836	151	41	ilgic	ilgic	NOUN
fsr-3836	151	42	is	be	AUX
fsr-3836	151	43	simply	simply	ADV
fsr-3836	151	44	i	i	PRON
fsr-3836	151	45	exp{gpt	exp{gpt	NOUN
fsr-3836	151	46	}	}	PUNCT
fsr-3836	151	47	.	.	PUNCT
fsr-3836	152	1	on	on	ADP
fsr-3836	152	2	the	the	DET
fsr-3836	152	3	other	other	ADJ
fsr-3836	152	4	hand	hand	NOUN
fsr-3836	152	5	,	,	PUNCT
fsr-3836	152	6	if	if	SCONJ
fsr-3836	152	7	the	the	DET
fsr-3836	152	8	one	one	NUM
fsr-3836	152	9	-	-	PUNCT
fsr-3836	152	10	plus	plus	CCONJ
fsr-3836	152	11	p%	p%	NOUN
fsr-3836	152	12	of	of	ADP
fsr-3836	152	13	the	the	DET
fsr-3836	152	14	total	total	ADJ
fsr-3836	152	15	return	return	NOUN
fsr-3836	152	16	from	from	ADP
fsr-3836	152	17	the	the	DET
fsr-3836	152	18	stock	stock	NOUN
fsr-3836	152	19	market	market	NOUN
fsr-3836	152	20	,	,	PUNCT
fsr-3836	152	21	over	over	ADP
fsr-3836	152	22	the	the	DET
fsr-3836	152	23	time	time	NOUN
fsr-3836	152	24	period	period	NOUN
fsr-3836	152	25	[	[	X
fsr-3836	152	26	0	0	NUM
fsr-3836	152	27	,	,	PUNCT
fsr-3836	152	28	z’j	z’j	NUM
fsr-3836	152	29	,	,	PUNCT
fsr-3836	152	30	is	be	AUX
fsr-3836	152	31	greater	great	ADJ
fsr-3836	152	32	than	than	ADP
fsr-3836	152	33	the	the	DET
fsr-3836	152	34	mini	mini	NOUN
fsr-3836	152	35	the	the	DET
fsr-3836	152	36	optimal	optimal	ADJ
fsr-3836	152	37	choice	choice	NOUN
fsr-3836	152	38	of	of	ADP
fsr-3836	152	39	index	index	NOUN
fsr-3836	152	40	-	-	PUNCT
fsr-3836	152	41	finked	fink	VERB
fsr-3836	152	42	gics	gic	NOUN
fsr-3836	152	43	217	217	NUM
fsr-3836	152	44	ma1	ma1	PROPN
fsr-3836	152	45	guarantee	guarantee	NOUN
fsr-3836	152	46	exp{gpt	exp{gpt	NOUN
fsr-3836	152	47	}	}	PUNCT
fsr-3836	152	48	,	,	PUNCT
fsr-3836	152	49	the	the	DET
fsr-3836	152	50	payoff	payoff	NOUN
fsr-3836	152	51	from	from	ADP
fsr-3836	152	52	the	the	DET
fsr-3836	152	53	c	c	NOUN
fsr-3836	152	54	-	-	PUNCT
fsr-3836	152	55	ilgic	ilgic	NOUN
fsr-3836	152	56	is	be	AUX
fsr-3836	152	57	z	z	PROPN
fsr-3836	152	58	st	st	PROPN
fsr-3836	152	59	(	(	PUNCT
fsr-3836	152	60	1	1	NUM
fsr-3836	152	61	1	1	NUM
fsr-3836	152	62	so	so	ADV
fsr-3836	152	63	p	p	PROPN
fsr-3836	153	1	+	+	CCONJ
fsr-3836	153	2	i	i	PROPN
fsr-3836	153	3	,	,	PUNCT
fsr-3836	153	4	which	which	PRON
fsr-3836	153	5	is	be	AUX
fsr-3836	153	6	simply	simply	ADV
fsr-3836	153	7	the	the	DET
fsr-3836	153	8	original	original	ADJ
fsr-3836	153	9	investment	investment	NOUN
fsr-3836	153	10	plus	plus	CCONJ
fsr-3836	153	11	the	the	DET
fsr-3836	153	12	proportional	proportional	ADJ
fsr-3836	153	13	participation	participation	NOUN
fsr-3836	153	14	.	.	PUNCT
fsr-3836	154	1	once	once	ADV
fsr-3836	154	2	again	again	ADV
fsr-3836	154	3	,	,	PUNCT
fsr-3836	154	4	the	the	DET
fsr-3836	154	5	two	two	NUM
fsr-3836	154	6	branches	branch	NOUN
fsr-3836	154	7	of	of	ADP
fsr-3836	154	8	the	the	DET
fsr-3836	154	9	payoff	payoff	NOUN
fsr-3836	154	10	structure	structure	NOUN
fsr-3836	154	11	can	can	AUX
fsr-3836	154	12	be	be	AUX
fsr-3836	154	13	combined	combine	VERB
fsr-3836	154	14	using	use	VERB
fsr-3836	154	15	the	the	DET
fsr-3836	154	16	max	max	PROPN
fsr-3836	154	17	[	[	X
fsr-3836	154	18	.	.	PUNCT
fsr-3836	154	19	]	]	PUNCT
fsr-3836	154	20	operator	operator	NOUN
fsr-3836	154	21	.	.	PUNCT
fsr-3836	155	1	see	see	VERB
fsr-3836	155	2	the	the	DET
fsr-3836	155	3	appendix	appendix	NOUN
fsr-3836	155	4	for	for	ADP
fsr-3836	155	5	details	detail	NOUN
fsr-3836	155	6	.	.	PUNCT
fsr-3836	156	1	3	3	X
fsr-3836	156	2	.	.	X
fsr-3836	156	3	valuation	valuation	NOUN
fsr-3836	156	4	of	of	ADP
fsr-3836	156	5	c	c	NOUN
fsr-3836	156	6	-	-	NOUN
fsr-3836	156	7	ilgic	ilgic	NOUN
fsr-3836	156	8	we	we	PRON
fsr-3836	156	9	refer	refer	VERB
fsr-3836	156	10	the	the	DET
fsr-3836	156	11	reader	reader	NOUN
fsr-3836	156	12	to	to	ADP
fsr-3836	156	13	the	the	DET
fsr-3836	156	14	appendix	appendix	NOUN
fsr-3836	156	15	where	where	SCONJ
fsr-3836	156	16	we	we	PRON
fsr-3836	156	17	derive	derive	VERB
fsr-3836	156	18	the	the	DET
fsr-3836	156	19	fair	fair	ADJ
fsr-3836	156	20	value	value	NOUN
fsr-3836	156	21	of	of	ADP
fsr-3836	156	22	the	the	DET
fsr-3836	156	23	c	c	NOUN
fsr-3836	156	24	-	-	PUNCT
fsr-3836	156	25	ilgics	ilgic	NOUN
fsr-3836	156	26	using	use	VERB
fsr-3836	156	27	the	the	DET
fsr-3836	156	28	standard	standard	ADJ
fsr-3836	156	29	black	black	ADJ
fsr-3836	156	30	and	and	CCONJ
fsr-3836	156	31	scholes	schole	NOUN
fsr-3836	156	32	(	(	PUNCT
fsr-3836	156	33	1973	1973	NUM
fsr-3836	156	34	)	)	PUNCT
fsr-3836	156	35	and	and	CCONJ
fsr-3836	156	36	merton	merton	X
fsr-3836	156	37	(	(	PUNCT
fsr-3836	156	38	1973	1973	NUM
fsr-3836	156	39	)	)	PUNCT
fsr-3836	156	40	methodology	methodology	NOUN
fsr-3836	156	41	for	for	ADP
fsr-3836	156	42	pricing	price	VERB
fsr-3836	156	43	contingent	contingent	NOUN
fsr-3836	156	44	claims	claim	VERB
fsr-3836	156	45	.	.	PUNCT
fsr-3836	157	1	in	in	ADP
fsr-3836	157	2	this	this	DET
fsr-3836	157	3	section	section	NOUN
fsr-3836	157	4	we	we	PRON
fsr-3836	157	5	simply	simply	ADV
fsr-3836	157	6	reproduce	reproduce	VERB
fsr-3836	157	7	the	the	DET
fsr-3836	157	8	valuation	valuation	NOUN
fsr-3836	157	9	formulas	formula	NOUN
fsr-3836	157	10	.	.	PUNCT
fsr-3836	158	1	given	give	VERB
fsr-3836	158	2	a	a	DET
fsr-3836	158	3	set	set	NOUN
fsr-3836	158	4	of	of	ADP
fsr-3836	158	5	product	product	NOUN
fsr-3836	158	6	parameters	parameter	NOUN
fsr-3836	158	7	(	(	PUNCT
fsr-3836	158	8	c	c	X
fsr-3836	158	9	,	,	PUNCT
fsr-3836	158	10	g	g	NOUN
fsr-3836	158	11	,	,	PUNCT
fsr-3836	158	12	)	)	PUNCT
fsr-3836	158	13	,	,	PUNCT
fsr-3836	158	14	where	where	SCONJ
fsr-3836	158	15	c	c	PROPN
fsr-3836	158	16	is	be	AUX
fsr-3836	158	17	the	the	DET
fsr-3836	158	18	cap	cap	NOUN
fsr-3836	158	19	rate	rate	NOUN
fsr-3836	158	20	and	and	CCONJ
fsr-3836	158	21	g	g	NOUN
fsr-3836	158	22	,	,	PUNCT
fsr-3836	158	23	is	be	AUX
fsr-3836	158	24	the	the	DET
fsr-3836	158	25	guaran	guaran	ADJ
fsr-3836	158	26	teed	teed	NOUN
fsr-3836	158	27	floor	floor	NOUN
fsr-3836	158	28	,	,	PUNCT
fsr-3836	158	29	and	and	CCONJ
fsr-3836	158	30	capital	capital	NOUN
fsr-3836	158	31	market	market	NOUN
fsr-3836	158	32	parameters	parameter	NOUN
fsr-3836	158	33	(	(	PUNCT
fsr-3836	158	34	r	r	NOUN
fsr-3836	158	35	,	,	PUNCT
fsr-3836	158	36	q	q	NOUN
fsr-3836	158	37	,	,	PUNCT
fsr-3836	158	38	o	o	NOUN
fsr-3836	158	39	)	)	PUNCT
fsr-3836	158	40	,	,	PUNCT
fsr-3836	158	41	and	and	CCONJ
fsr-3836	158	42	maturity	maturity	NOUN
fsr-3836	158	43	t	t	PROPN
fsr-3836	158	44	,	,	PUNCT
fsr-3836	158	45	the	the	DET
fsr-3836	158	46	value	value	NOUN
fsr-3836	158	47	per	per	ADP
fsr-3836	158	48	premium	premium	NOUN
fsr-3836	158	49	dollar	dollar	NOUN
fsr-3836	158	50	(	(	PUNCT
fsr-3836	158	51	vpd	vpd	NOUN
fsr-3836	158	52	)	)	PUNCT
fsr-3836	158	53	of	of	ADP
fsr-3836	158	54	the	the	DET
fsr-3836	158	55	c	c	NOUN
fsr-3836	158	56	-	-	NOUN
fsr-3836	158	57	ilgic	ilgic	NOUN
fsr-3836	158	58	is	be	AUX
fsr-3836	158	59	:	:	PUNCT
fsr-3836	158	60	v,(c	v,(c	NOUN
fsr-3836	158	61	,	,	PUNCT
fsr-3836	158	62	g	g	NOUN
fsr-3836	158	63	,	,	PUNCT
fsr-3836	158	64	)	)	PUNCT
fsr-3836	158	65	=	=	SYM
fsr-3836	158	66	exp{(g	exp{(g	NOUN
fsr-3836	158	67	,	,	PUNCT
fsr-3836	158	68	r)t	r)t	PUNCT
fsr-3836	158	69	)	)	PUNCT
fsr-3836	159	1	+	+	CCONJ
fsr-3836	159	2	expt	expt	NOUN
fsr-3836	159	3	-	-	PUNCT
fsr-3836	159	4	qtll\r(bl	qtll\r(bl	NOUN
fsr-3836	159	5	)	)	PUNCT
fsr-3836	159	6	exp((g	exp((g	PROPN
fsr-3836	159	7	,	,	PUNCT
fsr-3836	159	8	ww2	ww2	PROPN
fsr-3836	159	9	)	)	PUNCT
fsr-3836	159	10	exp{-qt}n(bs	exp{-qt}n(bs	PROPN
fsr-3836	159	11	)	)	PUNCT
fsr-3836	159	12	+	+	CCONJ
fsr-3836	159	13	exp((c	exp((c	PROPN
fsr-3836	159	14	g	g	NOUN
fsr-3836	159	15	,	,	PUNCT
fsr-3836	159	16	gvv74	gvv74	NOUN
fsr-3836	159	17	)	)	PUNCT
fsr-3836	159	18	(	(	PUNCT
fsr-3836	159	19	3	3	X
fsr-3836	159	20	)	)	PUNCT
fsr-3836	159	21	where	where	SCONJ
fsr-3836	159	22	n	n	CCONJ
fsr-3836	159	23	(	(	PUNCT
fsr-3836	159	24	.	.	PUNCT
fsr-3836	159	25	)	)	PUNCT
fsr-3836	160	1	denotes	denote	VERB
fsr-3836	160	2	the	the	DET
fsr-3836	160	3	cumulative	cumulative	ADJ
fsr-3836	160	4	density	density	NOUN
fsr-3836	160	5	function	function	NOUN
fsr-3836	160	6	of	of	ADP
fsr-3836	160	7	the	the	DET
fsr-3836	160	8	normal	normal	ADJ
fsr-3836	160	9	distribution	distribution	NOUN
fsr-3836	160	10	,	,	PUNCT
fsr-3836	160	11	r	r	NOUN
fsr-3836	160	12	is	be	AUX
fsr-3836	160	13	the	the	DET
fsr-3836	160	14	risk	risk	NOUN
fsr-3836	160	15	free	free	ADJ
fsr-3836	160	16	interest	interest	NOUN
fsr-3836	160	17	rate	rate	NOUN
fsr-3836	160	18	in	in	ADP
fsr-3836	160	19	the	the	DET
fsr-3836	160	20	market	market	NOUN
fsr-3836	160	21	,	,	PUNCT
fsr-3836	160	22	q	q	PUNCT
fsr-3836	160	23	is	be	AUX
fsr-3836	160	24	the	the	DET
fsr-3836	160	25	dividend	dividend	NOUN
fsr-3836	160	26	yield	yield	NOUN
fsr-3836	160	27	on	on	ADP
fsr-3836	160	28	the	the	DET
fsr-3836	160	29	underlying	underlie	VERB
fsr-3836	160	30	stock	stock	NOUN
fsr-3836	160	31	index	index	NOUN
fsr-3836	160	32	,	,	PUNCT
fsr-3836	160	33	(	(	PUNCT
fsr-3836	160	34	t	t	PROPN
fsr-3836	160	35	is	be	AUX
fsr-3836	160	36	the	the	DET
fsr-3836	160	37	volatility	volatility	NOUN
fsr-3836	160	38	of	of	ADP
fsr-3836	160	39	the	the	DET
fsr-3836	160	40	underlying	underlie	VERB
fsr-3836	160	41	stock	stock	NOUN
fsr-3836	160	42	index	index	NOUN
fsr-3836	160	43	and	and	CCONJ
fsr-3836	160	44	b	b	NOUN
fsr-3836	160	45	,	,	PUNCT
fsr-3836	160	46	=	=	SYM
fsr-3836	160	47	r-4	r-4	PROPN
fsr-3836	160	48	-	-	PUNCT
fsr-3836	160	49	gc	gc	PROPN
fsr-3836	160	50	0	0	NUM
fsr-3836	160	51	6	6	NUM
fsr-3836	160	52	,	,	PUNCT
fsr-3836	160	53	=	=	SYM
fsr-3836	160	54	b	b	NOUN
fsr-3836	160	55	,	,	PUNCT
fsr-3836	160	56	=	=	SYM
fsr-3836	160	57	r	r	X
fsr-3836	160	58	-	-	PUNCT
fsr-3836	160	59	q	q	NOUN
fsr-3836	160	60	-	-	PUNCT
fsr-3836	160	61	c	c	NOUN
fsr-3836	160	62	-	-	PUNCT
fsr-3836	160	63	gc	gc	PROPN
fsr-3836	160	64	b	b	PROPN
fsr-3836	160	65	,	,	PUNCT
fsr-3836	160	66	=	=	SYM
fsr-3836	160	67	r	r	X
fsr-3836	160	68	-	-	PUNCT
fsr-3836	160	69	q	q	NOUN
fsr-3836	160	70	-	-	PUNCT
fsr-3836	160	71	c	c	NOUN
fsr-3836	160	72	-	-	NOUN
fsr-3836	160	73	g=	g=	NOUN
fsr-3836	160	74	0	0	PUNCT
fsr-3836	161	1	(	(	PUNCT
fsr-3836	161	2	t	t	PROPN
fsr-3836	161	3	(	(	PUNCT
fsr-3836	161	4	4	4	NUM
fsr-3836	161	5	)	)	PUNCT
fsr-3836	161	6	notice	notice	VERB
fsr-3836	161	7	that	that	SCONJ
fsr-3836	161	8	equation	equation	NOUN
fsr-3836	161	9	(	(	PUNCT
fsr-3836	161	10	3	3	X
fsr-3836	161	11	)	)	PUNCT
fsr-3836	161	12	does	do	AUX
fsr-3836	161	13	not	not	PART
fsr-3836	161	14	involve	involve	VERB
fsr-3836	161	15	the	the	DET
fsr-3836	161	16	variable	variable	NOUN
fsr-3836	161	17	so	so	ADV
fsr-3836	161	18	,	,	PUNCT
fsr-3836	161	19	since	since	SCONJ
fsr-3836	161	20	all	all	PRON
fsr-3836	161	21	that	that	PRON
fsr-3836	161	22	is	be	AUX
fsr-3836	161	23	relevant	relevant	ADJ
fsr-3836	161	24	is	be	AUX
fsr-3836	161	25	the	the	DET
fsr-3836	161	26	per	per	ADJ
fsr-3836	161	27	cent	cent	NOUN
fsr-3836	161	28	increase	increase	NOUN
fsr-3836	161	29	.	.	PUNCT
fsr-3836	162	1	we	we	PRON
fsr-3836	162	2	explicitly	explicitly	ADV
fsr-3836	162	3	parametrize	parametrize	VERB
fsr-3836	162	4	v	v	ADP
fsr-3836	162	5	,	,	PUNCT
fsr-3836	162	6	by	by	ADP
fsr-3836	162	7	the	the	DET
fsr-3836	162	8	two	two	NUM
fsr-3836	162	9	important	important	ADJ
fsr-3836	162	10	variables	variable	NOUN
fsr-3836	162	11	(	(	PUNCT
fsr-3836	162	12	c	c	NOUN
fsr-3836	162	13	)	)	PUNCT
fsr-3836	162	14	and	and	CCONJ
fsr-3836	162	15	(	(	PUNCT
fsr-3836	162	16	g	g	NOUN
fsr-3836	162	17	,	,	PUNCT
fsr-3836	162	18	)	)	PUNCT
fsr-3836	162	19	.	.	PUNCT
fsr-3836	163	1	obviously	obviously	ADV
fsr-3836	163	2	,	,	PUNCT
fsr-3836	163	3	the	the	DET
fsr-3836	163	4	actual	actual	ADJ
fsr-3836	163	5	value	value	NOUN
fsr-3836	163	6	will	will	AUX
fsr-3836	163	7	depend	depend	VERB
fsr-3836	163	8	on	on	ADP
fsr-3836	163	9	the	the	DET
fsr-3836	163	10	implicit	implicit	ADJ
fsr-3836	163	11	parameters	parameter	NOUN
fsr-3836	163	12	o	o	NOUN
fsr-3836	163	13	,	,	PUNCT
fsr-3836	163	14	q	q	NOUN
fsr-3836	163	15	,	,	PUNCT
fsr-3836	163	16	r	r	NOUN
fsr-3836	163	17	,	,	PUNCT
fsr-3836	163	18	t	t	X
fsr-3836	163	19	as	as	ADV
fsr-3836	163	20	well	well	ADV
fsr-3836	163	21	.	.	PUNCT
fsr-3836	164	1	4	4	X
fsr-3836	164	2	.	.	X
fsr-3836	164	3	valuation	valuation	NOUN
fsr-3836	164	4	of	of	ADP
fsr-3836	164	5	p	p	NOUN
fsr-3836	164	6	-	-	PUNCT
fsr-3836	164	7	ilgic	ilgic	NOUN
fsr-3836	164	8	in	in	ADP
fsr-3836	164	9	the	the	DET
fsr-3836	164	10	same	same	ADJ
fsr-3836	164	11	manner	manner	NOUN
fsr-3836	164	12	,	,	PUNCT
fsr-3836	164	13	the	the	DET
fsr-3836	164	14	vpd	vpd	NOUN
fsr-3836	164	15	of	of	ADP
fsr-3836	164	16	the	the	DET
fsr-3836	164	17	p	p	NOUN
fsr-3836	164	18	-	-	PUNCT
fsr-3836	164	19	ilgic	ilgic	NOUN
fsr-3836	164	20	is	be	AUX
fsr-3836	164	21	:	:	PUNCT
fsr-3836	164	22	vp(p	vp(p	NOUN
fsr-3836	164	23	,	,	PUNCT
fsr-3836	164	24	gp	gp	NOUN
fsr-3836	164	25	>	>	X
fsr-3836	164	26	=	=	PUNCT
fsr-3836	165	1	e	e	X
fsr-3836	165	2	-	-	NOUN
fsr-3836	165	3	v	v	ADJ
fsr-3836	165	4	{	{	PUNCT
fsr-3836	165	5	(	(	PUNCT
fsr-3836	165	6	g	g	NOUN
fsr-3836	165	7	,	,	PUNCT
fsr-3836	165	8	$	$	SYM
fsr-3836	165	9	“	"	PUNCT
fsr-3836	165	10	i	i	PRON
fsr-3836	165	11	+	+	CCONJ
fsr-3836	165	12	pedqw(a	pedqw(a	VERB
fsr-3836	165	13	1	1	NUM
fsr-3836	165	14	)	)	PUNCT
fsr-3836	165	15	pew((g	pew((g	NOUN
fsr-3836	165	16	,	,	PUNCT
fsr-3836	165	17	6‘ww	6‘ww	NOUN
fsr-3836	165	18	where	where	SCONJ
fsr-3836	165	19	p	p	NOUN
fsr-3836	165	20	is	be	AUX
fsr-3836	165	21	the	the	DET
fsr-3836	165	22	participation	participation	NOUN
fsr-3836	165	23	rate	rate	NOUN
fsr-3836	165	24	and	and	CCONJ
fsr-3836	165	25	g	g	NOUN
fsr-3836	165	26	,	,	PUNCT
fsr-3836	165	27	is	be	AUX
fsr-3836	165	28	the	the	DET
fsr-3836	165	29	guaranteed	guarantee	VERB
fsr-3836	165	30	floor	floor	NOUN
fsr-3836	165	31	and	and	CCONJ
fsr-3836	165	32	(	(	PUNCT
fsr-3836	165	33	6	6	NUM
fsr-3836	165	34	)	)	PUNCT
fsr-3836	165	35	r-4	r-4	NOUN
fsr-3836	165	36	-	-	PUNCT
fsr-3836	165	37	g	g	NOUN
fsr-3836	165	38	al	al	PROPN
fsr-3836	165	39	=	=	PUNCT
fsr-3836	165	40	(	(	PUNCT
fsr-3836	165	41	ci	ci	NOUN
fsr-3836	165	42	“	"	PUNCT
fsr-3836	165	43	+4	+4	PROPN
fsr-3836	165	44	jt	jt	PROPN
fsr-3836	165	45	;	;	PUNCT
fsr-3836	165	46	1	1	NUM
fsr-3836	165	47	a2=	a2=	X
fsr-3836	165	48	(	(	PUNCT
fsr-3836	165	49	r	r	X
fsr-3836	165	50	-	-	PUNCT
fsr-3836	165	51	q	q	NOUN
fsr-3836	165	52	-	-	PUNCT
fsr-3836	165	53	g	g	NOUN
fsr-3836	165	54	,	,	PUNCT
fsr-3836	165	55	0	0	NUM
fsr-3836	165	56	0	0	NUM
fsr-3836	165	57	-jfi	-jfi	SYM
fsr-3836	165	58	5	5	X
fsr-3836	165	59	.	.	PUNCT
fsr-3836	165	60	analysis	analysis	NOUN
fsr-3836	165	61	(	(	PUNCT
fsr-3836	165	62	7	7	NUM
fsr-3836	165	63	)	)	PUNCT
fsr-3836	165	64	a	a	DET
fsr-3836	165	65	few	few	ADJ
fsr-3836	165	66	stylized	stylize	VERB
fsr-3836	165	67	facts	fact	NOUN
fsr-3836	165	68	emerge	emerge	VERB
fsr-3836	165	69	from	from	ADP
fsr-3836	165	70	our	our	PRON
fsr-3836	165	71	analysis	analysis	NOUN
fsr-3836	165	72	.	.	PUNCT
fsr-3836	166	1	from	from	ADP
fsr-3836	166	2	a	a	DET
fsr-3836	166	3	qualitative	qualitative	ADJ
fsr-3836	166	4	point	point	NOUN
fsr-3836	166	5	of	of	ADP
fsr-3836	166	6	view	view	NOUN
fsr-3836	166	7	,	,	PUNCT
fsr-3836	166	8	we	we	PRON
fsr-3836	166	9	can	can	AUX
fsr-3836	166	10	make	make	VERB
fsr-3836	166	11	the	the	DET
fsr-3836	166	12	following	follow	VERB
fsr-3836	166	13	statement	statement	NOUN
fsr-3836	166	14	without	without	ADP
fsr-3836	166	15	need	need	NOUN
fsr-3836	166	16	for	for	ADP
fsr-3836	166	17	much	much	ADJ
fsr-3836	166	18	algebra	algebra	NOUN
fsr-3836	166	19	.	.	PUNCT
fsr-3836	167	1	278	278	NUM
fsr-3836	167	2	financial	financial	ADJ
fsr-3836	167	3	services	service	NOUN
fsr-3836	167	4	review	review	NOUN
fsr-3836	167	5	6(4	6(4	NUM
fsr-3836	167	6	)	)	PUNCT
fsr-3836	167	7	1997	1997	NUM
fsr-3836	167	8	for	for	ADP
fsr-3836	167	9	a	a	DET
fsr-3836	167	10	given	give	VERB
fsr-3836	167	11	floor	floor	NOUN
fsr-3836	167	12	g	g	NOUN
fsr-3836	167	13	,	,	PUNCT
fsr-3836	167	14	no	no	DET
fsr-3836	167	15	cap	cap	NOUN
fsr-3836	167	16	is	be	AUX
fsr-3836	167	17	better	well	ADJ
fsr-3836	167	18	than	than	ADP
fsr-3836	167	19	partial	partial	ADJ
fsr-3836	167	20	participation	participation	NOUN
fsr-3836	167	21	.	.	PUNCT
fsr-3836	168	1	likewise	likewise	ADV
fsr-3836	168	2	for	for	ADP
fsr-3836	168	3	a	a	DET
fsr-3836	168	4	given	give	VERB
fsr-3836	168	5	floor	floor	NOUN
fsr-3836	168	6	g	g	NOUN
fsr-3836	168	7	,	,	PUNCT
fsr-3836	168	8	total	total	ADJ
fsr-3836	168	9	participation	participation	NOUN
fsr-3836	168	10	is	be	AUX
fsr-3836	168	11	better	well	ADJ
fsr-3836	168	12	than	than	ADP
fsr-3836	168	13	a	a	DET
fsr-3836	168	14	cap	cap	NOUN
fsr-3836	168	15	,	,	PUNCT
fsr-3836	168	16	no	no	ADV
fsr-3836	168	17	matter	matter	ADV
fsr-3836	168	18	how	how	SCONJ
fsr-3836	168	19	large	large	ADJ
fsr-3836	168	20	the	the	DET
fsr-3836	168	21	cap	cap	NOUN
fsr-3836	168	22	.	.	PUNCT
fsr-3836	169	1	also	also	ADV
fsr-3836	169	2	,	,	PUNCT
fsr-3836	169	3	can	can	AUX
fsr-3836	169	4	be	be	AUX
fsr-3836	169	5	verified	verify	VERB
fsr-3836	169	6	by	by	ADP
fsr-3836	169	7	plugging	plug	VERB
fsr-3836	169	8	c	c	NOUN
fsr-3836	169	9	=	=	PUNCT
fsr-3836	169	10	m	m	PROPN
fsr-3836	169	11	,	,	PUNCT
fsr-3836	169	12	p	p	X
fsr-3836	169	13	=	=	NOUN
fsr-3836	169	14	1	1	NUM
fsr-3836	169	15	,	,	PUNCT
fsr-3836	169	16	g	g	NOUN
fsr-3836	169	17	,	,	PUNCT
fsr-3836	169	18	=	=	SYM
fsr-3836	169	19	g	g	NOUN
fsr-3836	169	20	,	,	PUNCT
fsr-3836	169	21	=	=	NOUN
fsr-3836	169	22	g	g	NOUN
fsr-3836	169	23	into	into	ADP
fsr-3836	169	24	equation	equation	NOUN
fsr-3836	169	25	(	(	PUNCT
fsr-3836	169	26	3	3	NUM
fsr-3836	169	27	)	)	PUNCT
fsr-3836	169	28	and	and	CCONJ
fsr-3836	169	29	(	(	PUNCT
fsr-3836	169	30	6	6	NUM
fsr-3836	169	31	)	)	PUNCT
fsr-3836	169	32	,	,	PUNCT
fsr-3836	169	33	respectively	respectively	ADV
fsr-3836	169	34	.	.	PUNCT
fsr-3836	170	1	figure	figure	NOUN
fsr-3836	170	2	2	2	NUM
fsr-3836	170	3	displays	display	VERB
fsr-3836	170	4	the	the	DET
fsr-3836	170	5	vpd	vpd	NOUN
fsr-3836	170	6	for	for	ADP
fsr-3836	170	7	both	both	CCONJ
fsr-3836	170	8	the	the	DET
fsr-3836	170	9	c	c	NOUN
fsr-3836	170	10	-	-	PUNCT
fsr-3836	170	11	ilgics	ilgic	NOUN
fsr-3836	170	12	and	and	CCONJ
fsr-3836	170	13	p	p	NOUN
fsr-3836	170	14	-	-	PUNCT
fsr-3836	170	15	ilgics	ilgic	NOUN
fsr-3836	170	16	as	as	ADP
fsr-3836	170	17	a	a	DET
fsr-3836	170	18	function	function	NOUN
fsr-3836	170	19	of	of	ADP
fsr-3836	170	20	the	the	DET
fsr-3836	170	21	maturity	maturity	NOUN
fsr-3836	170	22	time	time	NOUN
fsr-3836	170	23	horizon	horizon	PROPN
fsr-3836	170	24	t	t	PROPN
fsr-3836	170	25	,	,	PUNCT
fsr-3836	170	26	for	for	ADP
fsr-3836	170	27	an	an	DET
fsr-3836	170	28	arbitrary	arbitrary	ADJ
fsr-3836	170	29	set	set	NOUN
fsr-3836	170	30	of	of	ADP
fsr-3836	170	31	capital	capital	NOUN
fsr-3836	170	32	market	market	NOUN
fsr-3836	170	33	and	and	CCONJ
fsr-3836	170	34	product	product	NOUN
fsr-3836	170	35	parameters	parameter	NOUN
fsr-3836	170	36	.	.	PUNCT
fsr-3836	171	1	the	the	DET
fsr-3836	171	2	first	first	ADJ
fsr-3836	171	3	point	point	NOUN
fsr-3836	171	4	that	that	PRON
fsr-3836	171	5	is	be	AUX
fsr-3836	171	6	evident	evident	ADJ
fsr-3836	171	7	from	from	ADP
fsr-3836	171	8	the	the	DET
fsr-3836	171	9	picture	picture	NOUN
fsr-3836	171	10	is	be	AUX
fsr-3836	171	11	that	that	SCONJ
fsr-3836	171	12	both	both	DET
fsr-3836	171	13	curves	curve	NOUN
fsr-3836	171	14	decrease	decrease	NOUN
fsr-3836	171	15	as	as	ADP
fsr-3836	171	16	a	a	DET
fsr-3836	171	17	function	function	NOUN
fsr-3836	171	18	of	of	ADP
fsr-3836	171	19	time	time	NOUN
fsr-3836	171	20	.	.	PUNCT
fsr-3836	172	1	this	this	PRON
fsr-3836	172	2	means	mean	VERB
fsr-3836	172	3	that	that	SCONJ
fsr-3836	172	4	the	the	DET
fsr-3836	172	5	consumer	consumer	NOUN
fsr-3836	172	6	gets	get	VERB
fsr-3836	172	7	less	less	ADJ
fsr-3836	172	8	,	,	PUNCT
fsr-3836	172	9	per	per	ADP
fsr-3836	172	10	dollar	dollar	NOUN
fsr-3836	172	11	invested	invest	VERB
fsr-3836	172	12	,	,	PUNCT
fsr-3836	172	13	the	the	PRON
fsr-3836	172	14	longer	long	ADJ
fsr-3836	172	15	the	the	DET
fsr-3836	172	16	maturity	maturity	NOUN
fsr-3836	172	17	of	of	ADP
fsr-3836	172	18	the	the	DET
fsr-3836	172	19	ilgic	ilgic	NOUN
fsr-3836	172	20	.	.	PUNCT
fsr-3836	173	1	the	the	DET
fsr-3836	173	2	intuition	intuition	NOUN
fsr-3836	173	3	behind	behind	ADP
fsr-3836	173	4	this	this	DET
fsr-3836	173	5	result	result	NOUN
fsr-3836	173	6	is	be	AUX
fsr-3836	173	7	simple	simple	ADJ
fsr-3836	173	8	.	.	PUNCT
fsr-3836	174	1	the	the	DET
fsr-3836	174	2	price	price	NOUN
fsr-3836	174	3	of	of	ADP
fsr-3836	174	4	the	the	DET
fsr-3836	174	5	zero	zero	NUM
fsr-3836	174	6	coupon	coupon	NOUN
fsr-3836	174	7	bond	bond	NOUN
fsr-3836	174	8	,	,	PUNCT
fsr-3836	174	9	used	use	VERB
fsr-3836	174	10	to	to	PART
fsr-3836	174	11	fund	fund	VERB
fsr-3836	174	12	the	the	DET
fsr-3836	174	13	minimal	minimal	ADJ
fsr-3836	174	14	interest	interest	NOUN
fsr-3836	174	15	,	,	PUNCT
fsr-3836	174	16	decreases	decrease	VERB
fsr-3836	174	17	at	at	ADP
fsr-3836	174	18	a	a	DET
fsr-3836	174	19	faster	fast	ADJ
fsr-3836	174	20	rate	rate	NOUN
fsr-3836	174	21	than	than	ADP
fsr-3836	174	22	the	the	DET
fsr-3836	174	23	price	price	NOUN
fsr-3836	174	24	of	of	ADP
fsr-3836	174	25	the	the	DET
fsr-3836	174	26	call	call	NOUN
fsr-3836	174	27	option	option	NOUN
fsr-3836	174	28	increase	increase	NOUN
fsr-3836	174	29	,	,	PUNCT
fsr-3836	174	30	which	which	PRON
fsr-3836	174	31	is	be	AUX
fsr-3836	174	32	used	use	VERB
fsr-3836	174	33	to	to	PART
fsr-3836	174	34	fund	fund	VERB
fsr-3836	174	35	the	the	DET
fsr-3836	174	36	equity	equity	NOUN
fsr-3836	174	37	participation	participation	NOUN
fsr-3836	174	38	.	.	PUNCT
fsr-3836	175	1	therefore	therefore	ADV
fsr-3836	175	2	,	,	PUNCT
fsr-3836	175	3	all	all	PRON
fsr-3836	175	4	else	else	ADV
fsr-3836	175	5	being	be	AUX
fsr-3836	175	6	equal	equal	ADJ
fsr-3836	175	7	the	the	PRON
fsr-3836	175	8	longer	long	ADV
fsr-3836	175	9	the	the	DET
fsr-3836	175	10	time	time	NOUN
fsr-3836	175	11	horizon	horizon	PROPN
fsr-3836	175	12	,	,	PUNCT
fsr-3836	175	13	the	the	PRON
fsr-3836	175	14	more	more	ADV
fsr-3836	175	15	the	the	DET
fsr-3836	175	16	investor	investor	NOUN
fsr-3836	175	17	looses	loose	VERB
fsr-3836	175	18	.	.	PUNCT
fsr-3836	176	1	this	this	DET
fsr-3836	176	2	result	result	NOUN
fsr-3836	176	3	can	can	AUX
fsr-3836	176	4	be	be	AUX
fsr-3836	176	5	rigorously	rigorously	ADV
fsr-3836	176	6	obtained	obtain	VERB
fsr-3836	176	7	by	by	ADP
fsr-3836	176	8	taking	take	VERB
fsr-3836	176	9	the	the	DET
fsr-3836	176	10	derivatives	derivative	NOUN
fsr-3836	176	11	of	of	ADP
fsr-3836	176	12	equation	equation	NOUN
fsr-3836	176	13	(	(	PUNCT
fsr-3836	176	14	3	3	NUM
fsr-3836	176	15	)	)	PUNCT
fsr-3836	176	16	and	and	CCONJ
fsr-3836	176	17	(	(	PUNCT
fsr-3836	176	18	6	6	NUM
fsr-3836	176	19	)	)	PUNCT
fsr-3836	176	20	with	with	ADP
fsr-3836	176	21	respect	respect	NOUN
fsr-3836	176	22	to	to	ADP
fsr-3836	176	23	the	the	DET
fsr-3836	176	24	time	time	NOUN
fsr-3836	176	25	horizon	horizon	PROPN
fsr-3836	176	26	,	,	PUNCT
fsr-3836	176	27	t	t	PROPN
fsr-3836	176	28	,	,	PUNCT
fsr-3836	176	29	and	and	CCONJ
fsr-3836	176	30	showing	show	VERB
fsr-3836	176	31	that	that	SCONJ
fsr-3836	176	32	it	it	PRON
fsr-3836	176	33	is	be	AUX
fsr-3836	176	34	negative	negative	ADJ
fsr-3836	176	35	.	.	PUNCT
fsr-3836	177	1	of	of	ADP
fsr-3836	177	2	course	course	NOUN
fsr-3836	177	3	,	,	PUNCT
fsr-3836	177	4	the	the	DET
fsr-3836	177	5	rate	rate	NOUN
fsr-3836	177	6	at	at	ADP
fsr-3836	177	7	which	which	PRON
fsr-3836	177	8	the	the	DET
fsr-3836	177	9	vpds	vpds	NOUN
fsr-3836	177	10	decline	decline	NOUN
fsr-3836	177	11	,	,	PUNCT
fsr-3836	177	12	or	or	CCONJ
fsr-3836	177	13	the	the	DET
fsr-3836	177	14	figure	figure	NOUN
fsr-3836	177	15	2	2	NUM
fsr-3836	177	16	.	.	NOUN
fsr-3836	177	17	value	value	NOUN
fsr-3836	177	18	per	per	ADP
fsr-3836	177	19	premium	premium	NOUN
fsr-3836	177	20	dollar	dollar	NOUN
fsr-3836	177	21	(	(	PUNCT
fsr-3836	177	22	vpd	vpd	NOUN
fsr-3836	177	23	)	)	PUNCT
fsr-3836	177	24	of	of	ADP
fsr-3836	177	25	index	index	NOUN
fsr-3836	177	26	linked	link	VERB
fsr-3836	177	27	gic	gic	PROPN
fsr-3836	177	28	.	.	PUNCT
fsr-3836	177	29	capped	cap	VERB
fsr-3836	177	30	-	-	PUNCT
fsr-3836	177	31	ilgic	ilgic	NOUN
fsr-3836	177	32	vs.	vs.	ADP
fsr-3836	177	33	participating	participate	VERB
fsr-3836	177	34	ilgic	ilgic	NOUN
fsr-3836	177	35	.	.	PUNCT
fsr-3836	178	1	cap	cap	NOUN
fsr-3836	178	2	=	=	NOUN
fsr-3836	178	3	9.12	9.12	NUM
fsr-3836	178	4	%	%	NOUN
fsr-3836	178	5	p.a	p.a	PROPN
fsr-3836	178	6	.	.	PROPN
fsr-3836	178	7	,	,	PUNCT
fsr-3836	178	8	participation	participation	NOUN
fsr-3836	178	9	=	=	PUNCT
fsr-3836	178	10	75	75	NUM
fsr-3836	178	11	%	%	NOUN
fsr-3836	178	12	no	no	DET
fsr-3836	178	13	minimal	minimal	ADJ
fsr-3836	178	14	interest	interest	NOUN
fsr-3836	178	15	guarantee	guarantee	VERB
fsr-3836	178	16	risk	risk	NOUN
fsr-3836	178	17	free	free	ADJ
fsr-3836	178	18	interest	interest	NOUN
fsr-3836	178	19	rate	rate	NOUN
fsr-3836	178	20	=	=	PUNCT
fsr-3836	178	21	4.3	4.3	NUM
fsr-3836	178	22	%	%	NOUN
fsr-3836	178	23	,	,	PUNCT
fsr-3836	178	24	volatility	volatility	NOUN
fsr-3836	178	25	=	=	SYM
fsr-3836	178	26	12	12	NUM
fsr-3836	178	27	%	%	NOUN
fsr-3836	178	28	.	.	PUNCT
fsr-3836	179	1	dividend	dividend	NOUN
fsr-3836	179	2	yield	yield	NOUN
fsr-3836	179	3	=	=	PUNCT
fsr-3836	179	4	2.0	2.0	NUM
fsr-3836	179	5	%	%	NOUN
fsr-3836	179	6	the	the	DET
fsr-3836	179	7	optimal	optimal	ADJ
fsr-3836	179	8	choice	choice	NOUN
fsr-3836	179	9	of	of	ADP
fsr-3836	179	10	index	index	NOUN
fsr-3836	179	11	-	-	PUNCT
fsr-3836	179	12	linked	link	VERB
fsr-3836	179	13	gics	gic	NOUN
fsr-3836	179	14	279	279	NUM
fsr-3836	179	15	slope	slope	NOUN
fsr-3836	179	16	,	,	PUNCT
fsr-3836	179	17	will	will	AUX
fsr-3836	179	18	depend	depend	VERB
fsr-3836	179	19	on	on	ADP
fsr-3836	179	20	the	the	DET
fsr-3836	179	21	capital	capital	NOUN
fsr-3836	179	22	market	market	NOUN
fsr-3836	179	23	parameters	parameter	NOUN
fsr-3836	179	24	(	(	PUNCT
fsr-3836	179	25	r	r	NOUN
fsr-3836	179	26	,	,	PUNCT
fsr-3836	179	27	q	q	NOUN
fsr-3836	179	28	,	,	PUNCT
fsr-3836	179	29	(	(	PUNCT
fsr-3836	179	30	t	t	NOUN
fsr-3836	179	31	)	)	PUNCT
fsr-3836	179	32	vis	vis	X
fsr-3836	179	33	a	a	PRON
fsr-3836	179	34	’	'	PUNCT
fsr-3836	179	35	vis	vis	X
fsr-3836	179	36	the	the	DET
fsr-3836	179	37	magnitude	magnitude	NOUN
fsr-3836	179	38	of	of	ADP
fsr-3836	179	39	the	the	DET
fsr-3836	179	40	cap	cap	NOUN
fsr-3836	179	41	and	and	CCONJ
fsr-3836	179	42	the	the	DET
fsr-3836	179	43	participation	participation	NOUN
fsr-3836	179	44	rate	rate	NOUN
fsr-3836	179	45	.	.	PUNCT
fsr-3836	180	1	another	another	DET
fsr-3836	180	2	interesting	interesting	ADJ
fsr-3836	180	3	fact	fact	NOUN
fsr-3836	180	4	to	to	PART
fsr-3836	180	5	note	note	VERB
fsr-3836	180	6	about	about	ADP
fsr-3836	180	7	figure	figure	NOUN
fsr-3836	180	8	2	2	NUM
fsr-3836	180	9	is	be	AUX
fsr-3836	180	10	that	that	PRON
fsr-3836	180	11	for	for	ADP
fsr-3836	180	12	maturity	maturity	NOUN
fsr-3836	180	13	horizons	horizon	NOUN
fsr-3836	180	14	less	less	ADJ
fsr-3836	180	15	than	than	ADP
fsr-3836	180	16	approximately	approximately	ADV
fsr-3836	180	17	3	3	NUM
fsr-3836	180	18	years	year	NOUN
fsr-3836	180	19	,	,	PUNCT
fsr-3836	180	20	the	the	DET
fsr-3836	180	21	participating	participate	VERB
fsr-3836	180	22	ilgic	ilgic	NOUN
fsr-3836	180	23	is	be	AUX
fsr-3836	180	24	worth	worth	ADJ
fsr-3836	180	25	more	more	ADJ
fsr-3836	180	26	than	than	ADP
fsr-3836	180	27	the	the	DET
fsr-3836	180	28	capped	cap	VERB
fsr-3836	180	29	ilgic	ilgic	NOUN
fsr-3836	180	30	.	.	PUNCT
fsr-3836	181	1	at	at	ADP
fsr-3836	181	2	around	around	ADP
fsr-3836	181	3	3	3	NUM
fsr-3836	181	4	years	year	NOUN
fsr-3836	181	5	they	they	PRON
fsr-3836	181	6	are	be	AUX
fsr-3836	181	7	both	both	ADV
fsr-3836	181	8	worth	worth	ADJ
fsr-3836	181	9	the	the	DET
fsr-3836	181	10	same	same	ADJ
fsr-3836	181	11	,	,	PUNCT
fsr-3836	181	12	and	and	CCONJ
fsr-3836	181	13	then	then	ADV
fsr-3836	181	14	for	for	ADP
fsr-3836	181	15	longer	long	ADJ
fsr-3836	181	16	horizons	horizon	NOUN
fsr-3836	181	17	the	the	DET
fsr-3836	181	18	situation	situation	NOUN
fsr-3836	181	19	is	be	AUX
fsr-3836	181	20	reversed	reverse	VERB
fsr-3836	181	21	and	and	CCONJ
fsr-3836	181	22	the	the	DET
fsr-3836	181	23	c	c	NOUN
fsr-3836	181	24	-	-	PUNCT
fsr-3836	181	25	ilgic	ilgic	NOUN
fsr-3836	181	26	is	be	AUX
fsr-3836	181	27	preferable	preferable	ADJ
fsr-3836	181	28	to	to	ADP
fsr-3836	181	29	the	the	DET
fsr-3836	181	30	p	p	NOUN
fsr-3836	181	31	-	-	PUNCT
fsr-3836	181	32	ilgic	ilgic	NOUN
fsr-3836	181	33	.	.	PUNCT
fsr-3836	182	1	this	this	PRON
fsr-3836	182	2	is	be	AUX
fsr-3836	182	3	not	not	PART
fsr-3836	182	4	a	a	DET
fsr-3836	182	5	spurious	spurious	ADJ
fsr-3836	182	6	result	result	NOUN
fsr-3836	182	7	of	of	ADP
fsr-3836	182	8	the	the	DET
fsr-3836	182	9	input	input	NOUN
fsr-3836	182	10	parameters	parameter	NOUN
fsr-3836	182	11	,	,	PUNCT
fsr-3836	182	12	but	but	CCONJ
fsr-3836	182	13	rather	rather	ADV
fsr-3836	182	14	a	a	DET
fsr-3836	182	15	fundamental	fundamental	ADJ
fsr-3836	182	16	insight	insight	NOUN
fsr-3836	182	17	into	into	ADP
fsr-3836	182	18	the	the	DET
fsr-3836	182	19	structure	structure	NOUN
fsr-3836	182	20	of	of	ADP
fsr-3836	182	21	c	c	NOUN
fsr-3836	182	22	-	-	PUNCT
fsr-3836	182	23	ilgics	ilgic	NOUN
fsr-3836	182	24	vs.	vs.	ADP
fsr-3836	182	25	p	p	NOUN
fsr-3836	182	26	ilgics	ilgic	NOUN
fsr-3836	182	27	.	.	PUNCT
fsr-3836	183	1	basically	basically	ADV
fsr-3836	183	2	,	,	PUNCT
fsr-3836	183	3	as	as	ADP
fsr-3836	183	4	in	in	ADP
fsr-3836	183	5	all	all	DET
fsr-3836	183	6	option	option	NOUN
fsr-3836	183	7	pricing	pricing	NOUN
fsr-3836	183	8	models	model	NOUN
fsr-3836	183	9	,	,	PUNCT
fsr-3836	183	10	it	it	PRON
fsr-3836	183	11	all	all	PRON
fsr-3836	183	12	comes	come	VERB
fsr-3836	183	13	down	down	ADP
fsr-3836	183	14	to	to	ADP
fsr-3836	183	15	probabilities	probability	NOUN
fsr-3836	183	16	.	.	PUNCT
fsr-3836	184	1	for	for	ADP
fsr-3836	184	2	short	short	ADJ
fsr-3836	184	3	time	time	NOUN
fsr-3836	184	4	horizons	horizon	NOUN
fsr-3836	184	5	,	,	PUNCT
fsr-3836	184	6	the	the	DET
fsr-3836	184	7	c	c	NOUN
fsr-3836	184	8	-	-	PUNCT
fsr-3836	184	9	ilgic	ilgic	NOUN
fsr-3836	184	10	is	be	AUX
fsr-3836	184	11	worth	worth	ADJ
fsr-3836	184	12	less	less	ADJ
fsr-3836	184	13	than	than	ADP
fsr-3836	184	14	the	the	DET
fsr-3836	184	15	p	p	NOUN
fsr-3836	184	16	-	-	PUNCT
fsr-3836	184	17	ilgic	ilgic	NOUN
fsr-3836	184	18	because	because	SCONJ
fsr-3836	184	19	the	the	DET
fsr-3836	184	20	cap	cap	NOUN
fsr-3836	184	21	is	be	AUX
fsr-3836	184	22	a	a	DET
fsr-3836	184	23	strong	strong	ADJ
fsr-3836	184	24	constraint	constraint	NOUN
fsr-3836	184	25	on	on	ADP
fsr-3836	184	26	the	the	DET
fsr-3836	184	27	performance	performance	NOUN
fsr-3836	184	28	of	of	ADP
fsr-3836	184	29	the	the	DET
fsr-3836	184	30	product	product	NOUN
fsr-3836	184	31	.	.	PUNCT
fsr-3836	185	1	indeed	indeed	ADV
fsr-3836	185	2	,	,	PUNCT
fsr-3836	185	3	it	it	PRON
fsr-3836	185	4	is	be	AUX
fsr-3836	185	5	quite	quite	ADV
fsr-3836	185	6	likely	likely	ADJ
fsr-3836	185	7	that	that	SCONJ
fsr-3836	185	8	the	the	DET
fsr-3836	185	9	market	market	NOUN
fsr-3836	185	10	will	will	AUX
fsr-3836	185	11	earn	earn	VERB
fsr-3836	185	12	more	more	ADJ
fsr-3836	185	13	than	than	ADP
fsr-3836	185	14	c	c	NOUN
fsr-3836	185	15	percent	percent	NOUN
fsr-3836	185	16	annualized	annualize	VERB
fsr-3836	185	17	,	,	PUNCT
fsr-3836	185	18	and	and	CCONJ
fsr-3836	185	19	the	the	DET
fsr-3836	185	20	gains	gain	NOUN
fsr-3836	185	21	will	will	AUX
fsr-3836	185	22	be	be	AUX
fsr-3836	185	23	truncated	truncate	VERB
fsr-3836	185	24	.	.	PUNCT
fsr-3836	186	1	on	on	ADP
fsr-3836	186	2	the	the	DET
fsr-3836	186	3	other	other	ADJ
fsr-3836	186	4	hand	hand	NOUN
fsr-3836	186	5	,	,	PUNCT
fsr-3836	186	6	as	as	SCONJ
fsr-3836	186	7	the	the	DET
fsr-3836	186	8	maturity	maturity	NOUN
fsr-3836	186	9	of	of	ADP
fsr-3836	186	10	the	the	DET
fsr-3836	186	11	product	product	NOUN
fsr-3836	186	12	is	be	AUX
fsr-3836	186	13	extended	extend	VERB
fsr-3836	186	14	,	,	PUNCT
fsr-3836	186	15	the	the	DET
fsr-3836	186	16	probability	probability	NOUN
fsr-3836	186	17	that	that	SCONJ
fsr-3836	186	18	the	the	DET
fsr-3836	186	19	cap	cap	NOUN
fsr-3836	186	20	is	be	AUX
fsr-3836	186	21	constraining	constrain	VERB
fsr-3836	186	22	,	,	PUNCT
fsr-3836	186	23	on	on	ADP
fsr-3836	186	24	an	an	DET
fsr-3836	186	25	annualized	annualize	VERB
fsr-3836	186	26	basis	basis	NOUN
fsr-3836	186	27	,	,	PUNCT
fsr-3836	186	28	decreases	decrease	NOUN
fsr-3836	186	29	and	and	CCONJ
fsr-3836	186	30	thus	thus	ADV
fsr-3836	186	31	the	the	DET
fsr-3836	186	32	relative	relative	ADJ
fsr-3836	186	33	value	value	NOUN
fsr-3836	186	34	of	of	ADP
fsr-3836	186	35	the	the	DET
fsr-3836	186	36	c	c	NOUN
fsr-3836	186	37	-	-	PUNCT
fsr-3836	186	38	ilgic	ilgic	NOUN
fsr-3836	186	39	increases	increase	NOUN
fsr-3836	186	40	.	.	PUNCT
fsr-3836	187	1	in	in	ADP
fsr-3836	187	2	other	other	ADJ
fsr-3836	187	3	words	word	NOUN
fsr-3836	187	4	,	,	PUNCT
fsr-3836	187	5	it	it	PRON
fsr-3836	187	6	is	be	AUX
fsr-3836	187	7	more	more	ADV
fsr-3836	187	8	likely	likely	ADJ
fsr-3836	187	9	that	that	SCONJ
fsr-3836	187	10	the	the	DET
fsr-3836	187	11	sp500	sp500	PROPN
fsr-3836	187	12	will	will	AUX
fsr-3836	187	13	increase	increase	VERB
fsr-3836	187	14	by	by	ADP
fsr-3836	187	15	more	more	ADJ
fsr-3836	187	16	than	than	ADP
fsr-3836	187	17	30	30	NUM
fsr-3836	187	18	%	%	NOUN
fsr-3836	187	19	in	in	ADP
fsr-3836	187	20	one	one	NUM
fsr-3836	187	21	year	year	NOUN
fsr-3836	187	22	compared	compare	VERB
fsr-3836	187	23	to	to	ADP
fsr-3836	187	24	30	30	NUM
fsr-3836	187	25	%	%	NOUN
fsr-3836	187	26	annualized	annualize	VERB
fsr-3836	187	27	over	over	ADP
fsr-3836	187	28	5	5	NUM
fsr-3836	187	29	years	year	NOUN
fsr-3836	187	30	.	.	PUNCT
fsr-3836	188	1	therefore	therefore	ADV
fsr-3836	188	2	,	,	PUNCT
fsr-3836	188	3	the	the	DET
fsr-3836	188	4	cap	cap	NOUN
fsr-3836	188	5	becomes	become	VERB
fsr-3836	188	6	less	less	ADJ
fsr-3836	188	7	of	of	ADP
fsr-3836	188	8	an	an	DET
fsr-3836	188	9	issue	issue	NOUN
fsr-3836	188	10	as	as	ADP
fsr-3836	188	11	time	time	NOUN
fsr-3836	188	12	increases	increase	NOUN
fsr-3836	188	13	.	.	PUNCT
fsr-3836	189	1	of	of	ADP
fsr-3836	189	2	course	course	NOUN
fsr-3836	189	3	,	,	PUNCT
fsr-3836	189	4	the	the	DET
fsr-3836	189	5	fact	fact	NOUN
fsr-3836	189	6	remains	remain	VERB
fsr-3836	189	7	that	that	SCONJ
fsr-3836	189	8	the	the	DET
fsr-3836	189	9	absolute	absolute	ADJ
fsr-3836	189	10	value	value	NOUN
fsr-3836	189	11	of	of	ADP
fsr-3836	189	12	the	the	DET
fsr-3836	189	13	c	c	NOUN
fsr-3836	189	14	-	-	PUNCT
fsr-3836	189	15	ilgic	ilgic	NOUN
fsr-3836	189	16	declines	decline	NOUN
fsr-3836	189	17	with	with	ADP
fsr-3836	189	18	maturity	maturity	NOUN
fsr-3836	189	19	.	.	PUNCT
fsr-3836	190	1	finally	finally	ADV
fsr-3836	190	2	,	,	PUNCT
fsr-3836	190	3	one	one	PRON
fsr-3836	190	4	should	should	AUX
fsr-3836	190	5	not	not	PART
fsr-3836	190	6	lose	lose	VERB
fsr-3836	190	7	sight	sight	NOUN
fsr-3836	190	8	of	of	ADP
fsr-3836	190	9	the	the	DET
fsr-3836	190	10	main	main	ADJ
fsr-3836	190	11	conclusion	conclusion	NOUN
fsr-3836	190	12	that	that	SCONJ
fsr-3836	190	13	the	the	DET
fsr-3836	190	14	values	value	NOUN
fsr-3836	190	15	per	per	ADP
fsr-3836	190	16	premium	premium	ADJ
fsr-3836	190	17	dollar	dollar	NOUN
fsr-3836	190	18	on	on	ADP
fsr-3836	190	19	available	available	ADJ
fsr-3836	190	20	products	product	NOUN
fsr-3836	190	21	are	be	AUX
fsr-3836	190	22	uniformly	uniformly	ADV
fsr-3836	190	23	less	less	ADJ
fsr-3836	190	24	than	than	ADP
fsr-3836	190	25	one	one	NUM
fsr-3836	190	26	,	,	PUNCT
fsr-3836	190	27	which	which	PRON
fsr-3836	190	28	means	mean	VERB
fsr-3836	190	29	these	these	DET
fsr-3836	190	30	products	product	NOUN
fsr-3836	190	31	are	be	AUX
fsr-3836	190	32	unfairly	unfairly	ADV
fsr-3836	190	33	priced	price	VERB
fsr-3836	190	34	for	for	ADP
fsr-3836	190	35	the	the	DET
fsr-3836	190	36	consumer	consumer	NOUN
fsr-3836	190	37	.	.	PUNCT
fsr-3836	191	1	(	(	PUNCT
fsr-3836	191	2	the	the	DET
fsr-3836	191	3	anomaly	anomaly	NOUN
fsr-3836	191	4	in	in	ADP
fsr-3836	191	5	the	the	DET
fsr-3836	191	6	short	short	ADJ
fsr-3836	191	7	horizon	horizon	NOUN
fsr-3836	191	8	for	for	ADP
fsr-3836	191	9	the	the	DET
fsr-3836	191	10	c	c	NOUN
fsr-3836	191	11	-	-	NOUN
fsr-3836	191	12	ilgic	ilgic	NOUN
fsr-3836	191	13	and	and	CCONJ
fsr-3836	191	14	p	p	NOUN
fsr-3836	191	15	-	-	PUNCT
fsr-3836	191	16	ilgic	ilgic	NOUN
fsr-3836	191	17	is	be	AUX
fsr-3836	191	18	an	an	DET
fsr-3836	191	19	artifact	artifact	NOUN
fsr-3836	191	20	of	of	ADP
fsr-3836	191	21	the	the	DET
fsr-3836	191	22	algebra	algebra	NOUN
fsr-3836	191	23	and	and	CCONJ
fsr-3836	191	24	simply	simply	ADV
fsr-3836	191	25	reflects	reflect	VERB
fsr-3836	191	26	the	the	DET
fsr-3836	191	27	fact	fact	NOUN
fsr-3836	191	28	that	that	SCONJ
fsr-3836	191	29	no	no	DET
fsr-3836	191	30	institution	institution	NOUN
fsr-3836	191	31	is	be	AUX
fsr-3836	191	32	likely	likely	ADJ
fsr-3836	191	33	to	to	PART
fsr-3836	191	34	offer	offer	VERB
fsr-3836	191	35	this	this	DET
fsr-3836	191	36	kind	kind	NOUN
fsr-3836	191	37	of	of	ADP
fsr-3836	191	38	c	c	NOUN
fsr-3836	191	39	-	-	NOUN
fsr-3836	191	40	ilgic	ilgic	NOUN
fsr-3836	191	41	with	with	ADP
fsr-3836	191	42	maturity	maturity	NOUN
fsr-3836	191	43	less	less	ADJ
fsr-3836	191	44	than	than	ADP
fsr-3836	191	45	three	three	NUM
fsr-3836	191	46	months	month	NOUN
fsr-3836	191	47	and	and	CCONJ
fsr-3836	191	48	a	a	DET
fsr-3836	191	49	p	p	NOUN
fsr-3836	191	50	-	-	PUNCT
fsr-3836	191	51	ilgic	ilgic	NOUN
fsr-3836	191	52	with	with	ADP
fsr-3836	191	53	maturity	maturity	NOUN
fsr-3836	191	54	less	less	ADJ
fsr-3836	191	55	than	than	ADP
fsr-3836	191	56	1.6	1.6	NUM
fsr-3836	191	57	years	year	NOUN
fsr-3836	191	58	.	.	PUNCT
fsr-3836	191	59	)	)	PUNCT
fsr-3836	192	1	in	in	ADP
fsr-3836	192	2	sum	sum	NOUN
fsr-3836	192	3	,	,	PUNCT
fsr-3836	192	4	a	a	DET
fsr-3836	192	5	vpd	vpd	NOUN
fsr-3836	192	6	of	of	ADP
fsr-3836	192	7	x%	x%	X
fsr-3836	192	8	implies	imply	VERB
fsr-3836	192	9	that	that	SCONJ
fsr-3836	192	10	(	(	PUNCT
fsr-3836	192	11	1	1	NUM
fsr-3836	192	12	-x)%	-x)%	NUM
fsr-3836	192	13	of	of	ADP
fsr-3836	192	14	the	the	DET
fsr-3836	192	15	initial	initial	ADJ
fsr-3836	192	16	investment	investment	NOUN
fsr-3836	192	17	is	be	AUX
fsr-3836	192	18	paying	pay	VERB
fsr-3836	192	19	for	for	ADP
fsr-3836	192	20	com	com	NOUN
fsr-3836	192	21	missions	mission	NOUN
fsr-3836	192	22	,	,	PUNCT
fsr-3836	192	23	transaction	transaction	NOUN
fsr-3836	192	24	costs	cost	NOUN
fsr-3836	192	25	and	and	CCONJ
fsr-3836	192	26	bank	bank	NOUN
fsr-3836	192	27	profits	profit	NOUN
fsr-3836	192	28	.	.	PUNCT
fsr-3836	193	1	consequently	consequently	ADV
fsr-3836	193	2	,	,	PUNCT
fsr-3836	193	3	if	if	SCONJ
fsr-3836	193	4	the	the	DET
fsr-3836	193	5	individual	individual	ADJ
fsr-3836	193	6	investor	investor	NOUN
fsr-3836	193	7	can	can	AUX
fsr-3836	193	8	obtain	obtain	VERB
fsr-3836	193	9	the	the	DET
fsr-3836	193	10	same	same	ADJ
fsr-3836	193	11	exact	exact	ADJ
fsr-3836	193	12	payoff	payoff	NOUN
fsr-3836	193	13	structure	structure	NOUN
fsr-3836	193	14	,	,	PUNCT
fsr-3836	193	15	using	use	VERB
fsr-3836	193	16	basic	basic	ADJ
fsr-3836	193	17	options	option	NOUN
fsr-3836	193	18	,	,	PUNCT
fsr-3836	193	19	but	but	CCONJ
fsr-3836	193	20	incur	incur	NOUN
fsr-3836	193	21	transaction	transaction	NOUN
fsr-3836	193	22	costs	cost	NOUN
fsr-3836	193	23	that	that	PRON
fsr-3836	193	24	are	be	AUX
fsr-3836	193	25	less	less	ADJ
fsr-3836	193	26	than	than	ADP
fsr-3836	193	27	(	(	PUNCT
fsr-3836	193	28	1	1	NUM
fsr-3836	193	29	x)%	x)%	NUM
fsr-3836	193	30	,	,	PUNCT
fsr-3836	193	31	it	it	PRON
fsr-3836	193	32	is	be	AUX
fsr-3836	193	33	cheaper	cheap	ADJ
fsr-3836	193	34	to	to	PART
fsr-3836	193	35	replicate	replicate	VERB
fsr-3836	193	36	the	the	DET
fsr-3836	193	37	product	product	NOUN
fsr-3836	193	38	than	than	SCONJ
fsr-3836	193	39	to	to	PART
fsr-3836	193	40	purchase	purchase	VERB
fsr-3836	193	41	it	it	PRON
fsr-3836	193	42	from	from	ADP
fsr-3836	193	43	the	the	DET
fsr-3836	193	44	bank	bank	NOUN
fsr-3836	193	45	.	.	PUNCT
fsr-3836	194	1	this	this	PRON
fsr-3836	194	2	will	will	AUX
fsr-3836	194	3	obviously	obviously	ADV
fsr-3836	194	4	depend	depend	VERB
fsr-3836	194	5	on	on	ADP
fsr-3836	194	6	the	the	DET
fsr-3836	194	7	size	size	NOUN
fsr-3836	194	8	of	of	ADP
fsr-3836	194	9	the	the	DET
fsr-3836	194	10	investment	investment	NOUN
fsr-3836	194	11	vis	vis	X
fsr-3836	194	12	a	a	PRON
fsr-3836	194	13	’	'	PUNCT
fsr-3836	194	14	vis	vis	X
fsr-3836	194	15	the	the	DET
fsr-3836	194	16	transaction	transaction	NOUN
fsr-3836	194	17	costs	cost	NOUN
fsr-3836	194	18	incurred	incur	VERB
fsr-3836	194	19	in	in	ADP
fsr-3836	194	20	self	self	NOUN
fsr-3836	194	21	replication	replication	NOUN
fsr-3836	194	22	.	.	PUNCT
fsr-3836	195	1	from	from	ADP
fsr-3836	195	2	a	a	DET
fsr-3836	195	3	practical	practical	ADJ
fsr-3836	195	4	point	point	NOUN
fsr-3836	195	5	of	of	ADP
fsr-3836	195	6	view	view	NOUN
fsr-3836	195	7	,	,	PUNCT
fsr-3836	195	8	the	the	DET
fsr-3836	195	9	bank	bank	NOUN
fsr-3836	195	10	as	as	ADP
fsr-3836	195	11	an	an	DET
fsr-3836	195	12	intermedi	intermedi	PROPN
fsr-3836	195	13	ary	ary	PROPN
fsr-3836	195	14	is	be	AUX
fsr-3836	195	15	likely	likely	ADJ
fsr-3836	195	16	to	to	PART
fsr-3836	195	17	take	take	VERB
fsr-3836	195	18	advantage	advantage	NOUN
fsr-3836	195	19	of	of	ADP
fsr-3836	195	20	its	its	PRON
fsr-3836	195	21	economies	economy	NOUN
fsr-3836	195	22	of	of	ADP
fsr-3836	195	23	scale	scale	NOUN
fsr-3836	195	24	in	in	ADP
fsr-3836	195	25	the	the	DET
fsr-3836	195	26	market	market	NOUN
fsr-3836	195	27	and	and	CCONJ
fsr-3836	195	28	incur	incur	VERB
fsr-3836	195	29	lower	low	ADJ
fsr-3836	195	30	trans	trans	PROPN
fsr-3836	195	31	action	action	NOUN
fsr-3836	195	32	costs	cost	NOUN
fsr-3836	195	33	when	when	SCONJ
fsr-3836	195	34	purchasing	purchase	VERB
fsr-3836	195	35	the	the	DET
fsr-3836	195	36	necessary	necessary	ADJ
fsr-3836	195	37	derivatives	derivative	NOUN
fsr-3836	195	38	.	.	PUNCT
fsr-3836	196	1	iv	iv	X
fsr-3836	196	2	.	.	PUNCT
fsr-3836	196	3	numerical	numerical	PROPN
fsr-3836	196	4	example	example	NOUN
fsr-3836	196	5	:	:	PUNCT
fsr-3836	196	6	b.n.s	b.n.s	X
fsr-3836	196	7	vs.	vs.	X
fsr-3836	196	8	l.b	l.b	PROPN
fsr-3836	196	9	in	in	ADP
fsr-3836	196	10	this	this	DET
fsr-3836	196	11	section	section	NOUN
fsr-3836	196	12	,	,	PUNCT
fsr-3836	196	13	we	we	PRON
fsr-3836	196	14	compare	compare	VERB
fsr-3836	196	15	the	the	DET
fsr-3836	196	16	ilgic	ilgic	NOUN
fsr-3836	196	17	offered	offer	VERB
fsr-3836	196	18	by	by	ADP
fsr-3836	196	19	the	the	DET
fsr-3836	196	20	bank	bank	PROPN
fsr-3836	196	21	of	of	ADP
fsr-3836	196	22	nova	nova	PROPN
fsr-3836	196	23	scotia	scotia	PROPN
fsr-3836	196	24	(	(	PUNCT
fsr-3836	196	25	bns	bns	PROPN
fsr-3836	196	26	)	)	PUNCT
fsr-3836	196	27	,	,	PUNCT
fsr-3836	196	28	a	a	DET
fsr-3836	196	29	c	c	NOUN
fsr-3836	196	30	ilgic	ilgic	NOUN
fsr-3836	196	31	,	,	PUNCT
fsr-3836	196	32	to	to	ADP
fsr-3836	196	33	that	that	PRON
fsr-3836	196	34	offered	offer	VERB
fsr-3836	196	35	by	by	ADP
fsr-3836	196	36	laurentian	laurentian	ADJ
fsr-3836	196	37	bank	bank	PROPN
fsr-3836	196	38	(	(	PUNCT
fsr-3836	196	39	lb	lb	NOUN
fsr-3836	196	40	)	)	PUNCT
fsr-3836	196	41	,	,	PUNCT
fsr-3836	196	42	a	a	DET
fsr-3836	196	43	p	p	NOUN
fsr-3836	196	44	-	-	PUNCT
fsr-3836	196	45	ilgic	ilgic	NOUN
fsr-3836	196	46	.	.	PUNCT
fsr-3836	197	1	as	as	SCONJ
fsr-3836	197	2	mentioned	mention	VERB
fsr-3836	197	3	in	in	ADP
fsr-3836	197	4	section	section	NOUN
fsr-3836	197	5	ii	ii	PROPN
fsr-3836	197	6	and	and	CCONJ
fsr-3836	197	7	table	table	NOUN
fsr-3836	197	8	2	2	NUM
fsr-3836	197	9	value	value	NOUN
fsr-3836	197	10	per	per	ADP
fsr-3836	197	11	premium	premium	ADJ
fsr-3836	197	12	dollar	dollar	NOUN
fsr-3836	197	13	of	of	ADP
fsr-3836	197	14	the	the	DET
fsr-3836	197	15	bank	bank	PROPN
fsr-3836	197	16	of	of	ADP
fsr-3836	197	17	nova	nova	PROPN
fsr-3836	197	18	scotia	scotia	PROPN
fsr-3836	197	19	3	3	NUM
fsr-3836	197	20	year	year	NOUN
fsr-3836	197	21	capped	cap	VERB
fsr-3836	197	22	-	-	PUNCT
fsr-3836	197	23	ilgic	ilgic	NOUN
fsr-3836	197	24	as	as	ADP
fsr-3836	197	25	a	a	DET
fsr-3836	197	26	function	function	NOUN
fsr-3836	197	27	of	of	ADP
fsr-3836	197	28	risk	risk	NOUN
fsr-3836	197	29	-	-	PUNCT
fsr-3836	197	30	free	free	ADJ
fsr-3836	197	31	interest	interest	NOUN
fsr-3836	197	32	rate	rate	NOUN
fsr-3836	197	33	(	(	PUNCT
fsr-3836	197	34	r	r	NOUN
fsr-3836	197	35	)	)	PUNCT
fsr-3836	197	36	and	and	CCONJ
fsr-3836	197	37	volatility	volatility	NOUN
fsr-3836	197	38	(	(	PUNCT
fsr-3836	197	39	0	0	NUM
fsr-3836	197	40	)	)	PUNCT
fsr-3836	197	41	.	.	PUNCT
fsr-3836	198	1	r\o	r\o	VERB
fsr-3836	198	2	-1	-1	INTJ
fsr-3836	198	3	%	%	NOUN
fsr-3836	198	4	vol	vol	NOUN
fsr-3836	198	5	.	.	PUNCT
fsr-3836	199	1	+	+	ADJ
fsr-3836	199	2	i%	i%	NOUN
fsr-3836	199	3	-1	-1	INTJ
fsr-3836	199	4	%	%	NOUN
fsr-3836	199	5	99.224	99.224	NUM
fsr-3836	199	6	99.3844	99.3844	NUM
fsr-3836	199	7	99.5153	99.5153	NUM
fsr-3836	199	8	int	int	NOUN
fsr-3836	199	9	.	.	PUNCT
fsr-3836	200	1	97.0285	97.0285	NUM
fsr-3836	200	2	97.1939	97.1939	NUM
fsr-3836	200	3	97.329	97.329	NUM
fsr-3836	201	1	+	+	PRON
fsr-3836	201	2	l%	l%	ADJ
fsr-3836	201	3	95.5944	95.5944	NUM
fsr-3836	201	4	95.6792	95.6792	NUM
fsr-3836	201	5	95.7432	95.7432	NUM
fsr-3836	201	6	note	note	NOUN
fsr-3836	201	7	:	:	PUNCT
fsr-3836	201	8	the	the	DET
fsr-3836	201	9	middle	middle	ADJ
fsr-3836	201	10	number	number	NOUN
fsr-3836	201	11	is	be	AUX
fsr-3836	201	12	the	the	DET
fsr-3836	201	13	point	point	NOUN
fsr-3836	201	14	estimate	estimate	NOUN
fsr-3836	201	15	for	for	ADP
fsr-3836	201	16	the	the	DET
fsr-3836	201	17	vpd	vpd	NOUN
fsr-3836	201	18	based	base	VERB
fsr-3836	201	19	on	on	ADP
fsr-3836	201	20	the	the	DET
fsr-3836	201	21	market	market	NOUN
fsr-3836	201	22	parameters	parameter	NOUN
fsr-3836	201	23	provided	provide	VERB
fsr-3836	201	24	by	by	ADP
fsr-3836	201	25	bloomberg	bloomberg	PROPN
fsr-3836	201	26	on	on	ADP
fsr-3836	201	27	november	november	PROPN
fsr-3836	201	28	i	i	PRON
fsr-3836	201	29	i.	i.	PROPN
fsr-3836	201	30	1997	1997	NUM
fsr-3836	201	31	.	.	PUNCT
fsr-3836	202	1	280	280	NUM
fsr-3836	202	2	financial	financial	ADJ
fsr-3836	202	3	services	service	NOUN
fsr-3836	202	4	review	review	NOUN
fsr-3836	202	5	6(4	6(4	NUM
fsr-3836	202	6	)	)	PUNCT
fsr-3836	202	7	1997	1997	NUM
fsr-3836	202	8	table	table	NOUN
fsr-3836	202	9	3	3	NUM
fsr-3836	202	10	value	value	NOUN
fsr-3836	202	11	per	per	ADP
fsr-3836	202	12	premium	premium	ADJ
fsr-3836	202	13	dollar	dollar	NOUN
fsr-3836	202	14	of	of	ADP
fsr-3836	202	15	the	the	DET
fsr-3836	202	16	laurentian	laurentian	ADJ
fsr-3836	202	17	bank	bank	PROPN
fsr-3836	202	18	3	3	NUM
fsr-3836	202	19	year	year	NOUN
fsr-3836	202	20	participating	participate	VERB
fsr-3836	202	21	ilgic	ilgic	NOUN
fsr-3836	202	22	as	as	ADP
fsr-3836	202	23	a	a	DET
fsr-3836	202	24	function	function	NOUN
fsr-3836	202	25	of	of	ADP
fsr-3836	202	26	risk	risk	NOUN
fsr-3836	202	27	-	-	PUNCT
fsr-3836	202	28	free	free	ADJ
fsr-3836	202	29	interest	interest	NOUN
fsr-3836	202	30	rate	rate	NOUN
fsr-3836	202	31	(	(	PUNCT
fsr-3836	202	32	r	r	NOUN
fsr-3836	202	33	)	)	PUNCT
fsr-3836	202	34	and	and	CCONJ
fsr-3836	202	35	volatility	volatility	NOUN
fsr-3836	202	36	(	(	PUNCT
fsr-3836	202	37	cr	cr	NOUN
fsr-3836	202	38	)	)	PUNCT
fsr-3836	202	39	.	.	PUNCT
fsr-3836	203	1	no	no	DET
fsr-3836	203	2	-1	-1	ADJ
fsr-3836	203	3	%	%	NOUN
fsr-3836	203	4	vol	vol	NOUN
fsr-3836	203	5	.	.	PUNCT
fsr-3836	204	1	+	+	ADJ
fsr-3836	204	2	i%	i%	ADJ
fsr-3836	204	3	-1	-1	ADJ
fsr-3836	204	4	%	%	NOUN
fsr-3836	204	5	94.7062	94.7062	NUM
fsr-3836	204	6	95.1545	95.1545	NUM
fsr-3836	204	7	95.6082	95.6082	NUM
fsr-3836	204	8	int	int	NOUN
fsr-3836	204	9	.	.	PUNCT
fsr-3836	205	1	92.7801	92.7801	NUM
fsr-3836	205	2	93.6980	93.6980	NUM
fsr-3836	205	3	93.6260	93.6260	NUM
fsr-3836	206	1	+	+	NOUN
fsr-3836	206	2	l%	l%	ADJ
fsr-3836	206	3	90.9344	90.9344	NUM
fsr-3836	206	4	91.3008	91.3008	NUM
fsr-3836	206	5	91.6861	91.6861	NUM
fsr-3836	206	6	nc&-	nc&-	NOUN
fsr-3836	206	7	:	:	PUNCT
fsr-3836	206	8	the	the	DET
fsr-3836	206	9	middle	middle	ADJ
fsr-3836	206	10	number	number	NOUN
fsr-3836	206	11	is	be	AUX
fsr-3836	206	12	the	the	DET
fsr-3836	206	13	point	point	NOUN
fsr-3836	206	14	estimate	estimate	NOUN
fsr-3836	206	15	for	for	ADP
fsr-3836	206	16	the	the	DET
fsr-3836	206	17	vpd	vpd	NOUN
fsr-3836	206	18	based	base	VERB
fsr-3836	206	19	on	on	ADP
fsr-3836	206	20	the	the	DET
fsr-3836	206	21	market	market	NOUN
fsr-3836	206	22	parameters	parameter	NOUN
fsr-3836	206	23	provided	provide	VERB
fsr-3836	206	24	by	by	ADP
fsr-3836	206	25	bloomberg	bloomberg	PROPN
fsr-3836	206	26	on	on	ADP
fsr-3836	206	27	november	november	PROPN
fsr-3836	206	28	11	11	NUM
fsr-3836	206	29	,	,	PUNCT
fsr-3836	206	30	1997	1997	NUM
fsr-3836	206	31	.	.	PUNCT
fsr-3836	207	1	figure	figure	NOUN
fsr-3836	207	2	3	3	NUM
fsr-3836	207	3	.	.	NOUN
fsr-3836	207	4	value	value	NOUN
fsr-3836	207	5	per	per	ADP
fsr-3836	207	6	premium	premium	ADJ
fsr-3836	207	7	dollar	dollar	NOUN
fsr-3836	207	8	of	of	ADP
fsr-3836	207	9	index	index	NOUN
fsr-3836	207	10	linked	link	VERB
fsr-3836	207	11	gic	gic	PROPN
fsr-3836	207	12	.	.	PUNCT
fsr-3836	208	1	bank	bank	PROPN
fsr-3836	208	2	of	of	ADP
fsr-3836	208	3	nova	nova	PROPN
fsr-3836	208	4	scotia	scotia	PROPN
fsr-3836	208	5	(	(	PUNCT
fsr-3836	208	6	c	c	NOUN
fsr-3836	208	7	-	-	PUNCT
fsr-3836	208	8	ilgic	ilgic	NOUN
fsr-3836	208	9	)	)	PUNCT
fsr-3836	208	10	vs.	vs.	X
fsr-3836	208	11	laurentian	laurentian	PROPN
fsr-3836	208	12	bank	bank	PROPN
fsr-3836	208	13	(	(	PUNCT
fsr-3836	208	14	p	p	NOUN
fsr-3836	208	15	-	-	PUNCT
fsr-3836	208	16	ilgic	ilgic	NOUN
fsr-3836	208	17	)	)	PUNCT
fsr-3836	208	18	valuation	valuation	NOUN
fsr-3836	208	19	date	date	NOUN
fsr-3836	208	20	:	:	PUNCT
fsr-3836	208	21	november	november	PROPN
fsr-3836	208	22	1	1	NUM
fsr-3836	209	1	i	i	PRON
fsr-3836	209	2	,	,	PUNCT
fsr-3836	209	3	1997	1997	NUM
fsr-3836	209	4	data	datum	NOUN
fsr-3836	209	5	source	source	NOUN
fsr-3836	209	6	:	:	PUNCT
fsr-3836	209	7	bloombergs	bloomberg	NOUN
fsr-3836	209	8	displayed	display	VERB
fsr-3836	209	9	in	in	ADP
fsr-3836	209	10	table	table	NOUN
fsr-3836	209	11	1	1	NUM
fsr-3836	209	12	,	,	PUNCT
fsr-3836	209	13	the	the	DET
fsr-3836	209	14	bns	bns	NOUN
fsr-3836	209	15	product	product	NOUN
fsr-3836	209	16	is	be	AUX
fsr-3836	209	17	a	a	DET
fsr-3836	209	18	2	2	NUM
fsr-3836	209	19	-	-	PUNCT
fsr-3836	209	20	year	year	NOUN
fsr-3836	209	21	c	c	NOUN
fsr-3836	209	22	-	-	PUNCT
fsr-3836	209	23	ilgic	ilgic	NOUN
fsr-3836	209	24	linked	link	VERB
fsr-3836	209	25	to	to	ADP
fsr-3836	209	26	the	the	DET
fsr-3836	209	27	toronto	toronto	PROPN
fsr-3836	209	28	stock	stock	PROPN
fsr-3836	209	29	exchange	exchange	PROPN
fsr-3836	209	30	’s	’s	PART
fsr-3836	209	31	index	index	NOUN
fsr-3836	209	32	of	of	ADP
fsr-3836	209	33	the	the	DET
fsr-3836	209	34	35	35	NUM
fsr-3836	209	35	largest	large	ADJ
fsr-3836	209	36	stocks	stock	NOUN
fsr-3836	209	37	as	as	SCONJ
fsr-3836	209	38	measured	measure	VERB
fsr-3836	209	39	by	by	ADP
fsr-3836	209	40	market	market	NOUN
fsr-3836	209	41	capitalization	capitalization	NOUN
fsr-3836	209	42	.	.	PUNCT
fsr-3836	210	1	(	(	PUNCT
fsr-3836	210	2	referred	refer	VERB
fsr-3836	210	3	to	to	ADP
fsr-3836	210	4	as	as	ADP
fsr-3836	210	5	the	the	DET
fsr-3836	210	6	tse35	tse35	PROPN
fsr-3836	210	7	index	index	NOUN
fsr-3836	210	8	.	.	PUNCT
fsr-3836	210	9	)	)	PUNCT
fsr-3836	211	1	the	the	DET
fsr-3836	211	2	bns	bns	NOUN
fsr-3836	211	3	product	product	NOUN
fsr-3836	211	4	does	do	AUX
fsr-3836	211	5	not	not	PART
fsr-3836	211	6	offer	offer	VERB
fsr-3836	211	7	a	a	DET
fsr-3836	211	8	minimum	minimum	ADJ
fsr-3836	211	9	guaranteed	guarantee	VERB
fsr-3836	211	10	interest	interest	NOUN
fsr-3836	211	11	rate	rate	NOUN
fsr-3836	211	12	and	and	CCONJ
fsr-3836	211	13	its	its	PRON
fsr-3836	211	14	payoff	payoff	NOUN
fsr-3836	211	15	is	be	AUX
fsr-3836	211	16	capped	cap	VERB
fsr-3836	211	17	at	at	ADP
fsr-3836	211	18	20	20	NUM
fsr-3836	211	19	%	%	NOUN
fsr-3836	211	20	over	over	ADP
fsr-3836	211	21	the	the	DET
fsr-3836	211	22	2	2	NUM
fsr-3836	211	23	years	year	NOUN
fsr-3836	211	24	.	.	PUNCT
fsr-3836	212	1	in	in	ADP
fsr-3836	212	2	contrast	contrast	NOUN
fsr-3836	212	3	,	,	PUNCT
fsr-3836	212	4	although	although	SCONJ
fsr-3836	212	5	lb	lb	NOUN
fsr-3836	212	6	’s	’s	PART
fsr-3836	212	7	p	p	NOUN
fsr-3836	212	8	-	-	PUNCT
fsr-3836	212	9	ilgic	ilgic	NOUN
fsr-3836	212	10	is	be	AUX
fsr-3836	212	11	linked	link	VERB
fsr-3836	212	12	to	to	ADP
fsr-3836	212	13	the	the	DET
fsr-3836	212	14	tse	tse	PROPN
fsr-3836	212	15	35	35	NUM
fsr-3836	212	16	index	index	NOUN
fsr-3836	212	17	,	,	PUNCT
fsr-3836	212	18	it	it	PRON
fsr-3836	212	19	offers	offer	VERB
fsr-3836	212	20	a	a	DET
fsr-3836	212	21	1	1	NUM
fsr-3836	212	22	%	%	NOUN
fsr-3836	212	23	minimum	minimum	ADJ
fsr-3836	212	24	guaranteed	guarantee	VERB
fsr-3836	212	25	interest	interest	NOUN
fsr-3836	212	26	per	per	ADP
fsr-3836	212	27	annum	annum	NOUN
fsr-3836	212	28	.	.	PUNCT
fsr-3836	213	1	we	we	PRON
fsr-3836	213	2	will	will	AUX
fsr-3836	213	3	examine	examine	VERB
fsr-3836	213	4	the	the	DET
fsr-3836	213	5	3	3	NUM
fsr-3836	213	6	-	-	PUNCT
fsr-3836	213	7	year	year	NOUN
fsr-3836	213	8	product	product	NOUN
fsr-3836	213	9	as	as	SCONJ
fsr-3836	213	10	it	it	PRON
fsr-3836	213	11	is	be	AUX
fsr-3836	213	12	an	an	DET
fsr-3836	213	13	example	example	NOUN
fsr-3836	213	14	of	of	ADP
fsr-3836	213	15	a	a	DET
fsr-3836	213	16	product	product	NOUN
fsr-3836	213	17	with	with	ADP
fsr-3836	213	18	partial	partial	ADJ
fsr-3836	213	19	(	(	PUNCT
fsr-3836	213	20	75	75	NUM
fsr-3836	213	21	%	%	NOUN
fsr-3836	213	22	)	)	PUNCT
fsr-3836	213	23	participation	participation	NOUN
fsr-3836	213	24	.	.	PUNCT
fsr-3836	214	1	using	use	VERB
fsr-3836	214	2	the	the	DET
fsr-3836	214	3	pricing	pricing	NOUN
fsr-3836	214	4	equations	equation	NOUN
fsr-3836	214	5	presented	present	VERB
fsr-3836	214	6	in	in	ADP
fsr-3836	214	7	section	section	PROPN
fsr-3836	214	8	iii	iii	PROPN
fsr-3836	214	9	,	,	PUNCT
fsr-3836	214	10	we	we	PRON
fsr-3836	214	11	insert	insert	VERB
fsr-3836	214	12	the	the	DET
fsr-3836	214	13	relevant	relevant	ADJ
fsr-3836	214	14	parameters	parameter	NOUN
fsr-3836	214	15	and	and	CCONJ
fsr-3836	214	16	solve	solve	VERB
fsr-3836	214	17	for	for	ADP
fsr-3836	214	18	the	the	DET
fsr-3836	214	19	vpd	vpd	NOUN
fsr-3836	214	20	of	of	ADP
fsr-3836	214	21	a	a	DET
fsr-3836	214	22	c	c	NOUN
fsr-3836	214	23	-	-	NOUN
fsr-3836	214	24	ilgic	ilgic	NOUN
fsr-3836	214	25	and	and	CCONJ
fsr-3836	214	26	p	p	NOUN
fsr-3836	214	27	-	-	PUNCT
fsr-3836	214	28	ilgic	ilgic	NOUN
fsr-3836	214	29	.	.	PUNCT
fsr-3836	215	1	we	we	PRON
fsr-3836	215	2	value	value	VERB
fsr-3836	215	3	the	the	DET
fsr-3836	215	4	bns	bns	NOUN
fsr-3836	215	5	product	product	NOUN
fsr-3836	215	6	recalling	recall	VERB
fsr-3836	215	7	equation	equation	NOUN
fsr-3836	215	8	(	(	PUNCT
fsr-3836	215	9	3	3	NUM
fsr-3836	215	10	)	)	PUNCT
fsr-3836	215	11	,	,	PUNCT
fsr-3836	215	12	where	where	SCONJ
fsr-3836	215	13	the	the	DET
fsr-3836	215	14	relevant	relevant	ADJ
fsr-3836	215	15	product	product	NOUN
fsr-3836	215	16	parameters	parameter	NOUN
fsr-3836	215	17	are	be	AUX
fsr-3836	215	18	:	:	PUNCT
fsr-3836	215	19	c	c	X
fsr-3836	215	20	=	=	PUNCT
fsr-3836	215	21	in	in	ADP
fsr-3836	215	22	j1.2	j1.2	PROPN
fsr-3836	215	23	=	=	PROPN
fsr-3836	215	24	0.09	0.09	NUM
fsr-3836	215	25	12	12	NUM
fsr-3836	215	26	,	,	PUNCT
fsr-3836	215	27	g	g	NOUN
fsr-3836	215	28	,	,	PUNCT
fsr-3836	215	29	=	=	NOUN
fsr-3836	215	30	0	0	NUM
fsr-3836	215	31	,	,	PUNCT
fsr-3836	215	32	and	and	CCONJ
fsr-3836	215	33	t	t	X
fsr-3836	215	34	=	=	SYM
fsr-3836	215	35	2	2	X
fsr-3836	215	36	.	.	X
fsr-3836	215	37	we	we	PRON
fsr-3836	215	38	arbitrarily	arbitrarily	ADV
fsr-3836	215	39	take	take	VERB
fsr-3836	215	40	our	our	PRON
fsr-3836	215	41	relative	relative	ADJ
fsr-3836	215	42	valuation	valuation	NOUN
fsr-3836	215	43	date	date	NOUN
fsr-3836	215	44	to	to	PART
fsr-3836	215	45	be	be	AUX
fsr-3836	215	46	november	november	PROPN
fsr-3836	215	47	11	11	NUM
fsr-3836	215	48	,	,	PUNCT
fsr-3836	215	49	1997	1997	NUM
fsr-3836	215	50	which	which	PRON
fsr-3836	215	51	results	result	VERB
fsr-3836	215	52	in	in	ADP
fsr-3836	215	53	a	a	DET
fsr-3836	215	54	dividend	dividend	NOUN
fsr-3836	215	55	yield	yield	NOUN
fsr-3836	215	56	of	of	ADP
fsr-3836	215	57	q	q	NOUN
fsr-3836	215	58	=	=	SYM
fsr-3836	215	59	0.015	0.015	NUM
fsr-3836	215	60	,	,	PUNCT
fsr-3836	215	61	a	a	DET
fsr-3836	215	62	2	2	NUM
fsr-3836	215	63	-	-	PUNCT
fsr-3836	215	64	year	year	NOUN
fsr-3836	215	65	volatihty	volatihty	NOUN
fsr-3836	215	66	of	of	ADP
fsr-3836	215	67	0	0	NUM
fsr-3836	216	1	=	=	SYM
fsr-3836	216	2	10.2	10.2	NUM
fsr-3836	216	3	%	%	NOUN
fsr-3836	216	4	and	and	CCONJ
fsr-3836	216	5	a	a	PRON
fsr-3836	216	6	2	2	NUM
fsr-3836	216	7	-	-	PUNCT
fsr-3836	216	8	yr	yr	NOUN
fsr-3836	216	9	risk	risk	NOUN
fsr-3836	216	10	-	-	PUNCT
fsr-3836	216	11	free	free	ADJ
fsr-3836	216	12	the	the	DET
fsr-3836	216	13	optimal	optimal	ADJ
fsr-3836	216	14	choice	choice	NOUN
fsr-3836	216	15	of	of	ADP
fsr-3836	216	16	index	index	NOUN
fsr-3836	216	17	-	-	PUNCT
fsr-3836	216	18	linked	link	VERB
fsr-3836	216	19	gics	gic	NOUN
fsr-3836	216	20	281	281	NUM
fsr-3836	216	21	interest	interest	NOUN
fsr-3836	216	22	rate	rate	NOUN
fsr-3836	216	23	of	of	ADP
fsr-3836	216	24	r	r	NOUN
fsr-3836	216	25	=	=	SYM
fsr-3836	216	26	4.64	4.64	NUM
fsr-3836	216	27	%	%	NOUN
fsr-3836	216	28	.	.	PUNCT
fsr-3836	217	1	all	all	PRON
fsr-3836	217	2	of	of	ADP
fsr-3836	217	3	which	which	PRON
fsr-3836	217	4	were	be	AUX
fsr-3836	217	5	provided	provide	VERB
fsr-3836	217	6	by	by	ADP
fsr-3836	217	7	bloomberg	bloomberg	PROPN
fsr-3836	217	8	’s	’s	PART
fsr-3836	217	9	information	information	NOUN
fsr-3836	217	10	sys	sys	NOUN
fsr-3836	217	11	tems	tem	NOUN
fsr-3836	217	12	which	which	PRON
fsr-3836	217	13	is	be	AUX
fsr-3836	217	14	the	the	DET
fsr-3836	217	15	de	de	ADJ
fsr-3836	217	16	-	-	ADJ
fsr-3836	217	17	facto	facto	ADJ
fsr-3836	217	18	standard	standard	NOUN
fsr-3836	217	19	for	for	ADP
fsr-3836	217	20	market	market	NOUN
fsr-3836	217	21	values	value	NOUN
fsr-3836	217	22	in	in	ADP
fsr-3836	217	23	the	the	DET
fsr-3836	217	24	derivatives	derivative	NOUN
fsr-3836	217	25	trading	trading	NOUN
fsr-3836	217	26	industry	industry	NOUN
fsr-3836	217	27	.	.	PUNCT
fsr-3836	218	1	the	the	DET
fsr-3836	218	2	resulting	result	VERB
fsr-3836	218	3	vpd	vpd	NOUN
fsr-3836	218	4	for	for	ADP
fsr-3836	218	5	the	the	DET
fsr-3836	218	6	bns	bns	NOUN
fsr-3836	218	7	product	product	NOUN
fsr-3836	218	8	is	be	AUX
fsr-3836	218	9	97.19	97.19	NUM
fsr-3836	218	10	%	%	NOUN
fsr-3836	218	11	,	,	PUNCT
fsr-3836	218	12	which	which	PRON
fsr-3836	218	13	translates	translate	VERB
fsr-3836	218	14	into	into	ADP
fsr-3836	218	15	an	an	DET
fsr-3836	218	16	implicit	implicit	ADJ
fsr-3836	218	17	‘	'	PUNCT
fsr-3836	218	18	cost	cost	NOUN
fsr-3836	218	19	’	'	PUNCT
fsr-3836	218	20	of	of	ADP
fsr-3836	218	21	2.81	2.81	NUM
fsr-3836	218	22	%	%	NOUN
fsr-3836	218	23	.	.	PUNCT
fsr-3836	219	1	we	we	PRON
fsr-3836	219	2	conducted	conduct	VERB
fsr-3836	219	3	a	a	DET
fsr-3836	219	4	sensitivity	sensitivity	NOUN
fsr-3836	219	5	analysis	analysis	NOUN
fsr-3836	219	6	of	of	ADP
fsr-3836	219	7	our	our	PRON
fsr-3836	219	8	vpd	vpd	NOUN
fsr-3836	219	9	’s	’s	X
fsr-3836	219	10	by	by	ADP
fsr-3836	219	11	perturbing	perturb	VERB
fsr-3836	219	12	the	the	DET
fsr-3836	219	13	market	market	NOUN
fsr-3836	219	14	volatility	volatility	NOUN
fsr-3836	219	15	and	and	CCONJ
fsr-3836	219	16	interest	interest	NOUN
fsr-3836	219	17	rate	rate	NOUN
fsr-3836	219	18	figures	figure	NOUN
fsr-3836	219	19	by	by	ADP
fsr-3836	219	20	1	1	NUM
fsr-3836	219	21	%	%	NOUN
fsr-3836	219	22	around	around	ADP
fsr-3836	219	23	the	the	DET
fsr-3836	219	24	point	point	NOUN
fsr-3836	219	25	estimate	estimate	NOUN
fsr-3836	219	26	provided	provide	VERB
fsr-3836	219	27	by	by	ADP
fsr-3836	219	28	bloomberg	bloomberg	PROPN
fsr-3836	219	29	.	.	PUNCT
fsr-3836	220	1	table	table	NOUN
fsr-3836	220	2	2	2	NUM
fsr-3836	220	3	is	be	AUX
fsr-3836	220	4	a	a	DET
fsr-3836	220	5	summary	summary	NOUN
fsr-3836	220	6	of	of	ADP
fsr-3836	220	7	those	those	DET
fsr-3836	220	8	results	result	NOUN
fsr-3836	220	9	.	.	PUNCT
fsr-3836	221	1	continuing	continue	VERB
fsr-3836	221	2	,	,	PUNCT
fsr-3836	221	3	equation	equation	NOUN
fsr-3836	221	4	(	(	PUNCT
fsr-3836	221	5	6	6	NUM
fsr-3836	221	6	)	)	PUNCT
fsr-3836	221	7	can	can	AUX
fsr-3836	221	8	then	then	ADV
fsr-3836	221	9	be	be	AUX
fsr-3836	221	10	used	use	VERB
fsr-3836	221	11	to	to	PART
fsr-3836	221	12	value	value	VERB
fsr-3836	221	13	lb	lb	PROPN
fsr-3836	221	14	’s	’s	PART
fsr-3836	221	15	3	3	NUM
fsr-3836	221	16	-	-	PUNCT
fsr-3836	221	17	year	year	NOUN
fsr-3836	221	18	product	product	NOUN
fsr-3836	221	19	,	,	PUNCT
fsr-3836	221	20	where	where	SCONJ
fsr-3836	221	21	the	the	DET
fsr-3836	221	22	parameters	parameter	NOUN
fsr-3836	221	23	are	be	AUX
fsr-3836	221	24	:	:	PUNCT
fsr-3836	221	25	p	p	X
fsr-3836	221	26	=	=	NOUN
fsr-3836	221	27	0.75	0.75	NUM
fsr-3836	221	28	,	,	PUNCT
fsr-3836	221	29	gp	gp	NOUN
fsr-3836	221	30	=	=	PUNCT
fsr-3836	221	31	in(1	in(1	PROPN
fsr-3836	221	32	.ol	.ol	PROPN
fsr-3836	221	33	)	)	PUNCT
fsr-3836	222	1	=	=	PUNCT
fsr-3836	223	1	0.0995	0.0995	NUM
fsr-3836	223	2	and	and	CCONJ
fsr-3836	223	3	t	t	NOUN
fsr-3836	223	4	=	=	SYM
fsr-3836	223	5	3	3	X
fsr-3836	223	6	.	.	PUNCT
fsr-3836	224	1	once	once	ADV
fsr-3836	224	2	again	again	ADV
fsr-3836	224	3	,	,	PUNCT
fsr-3836	224	4	we	we	PRON
fsr-3836	224	5	take	take	VERB
fsr-3836	224	6	our	our	PRON
fsr-3836	224	7	rela	rela	PROPN
fsr-3836	224	8	tive	tive	PROPN
fsr-3836	224	9	valuation	valuation	NOUN
fsr-3836	224	10	date	date	NOUN
fsr-3836	224	11	to	to	PART
fsr-3836	224	12	be	be	AUX
fsr-3836	224	13	november	november	PROPN
fsr-3836	224	14	11	11	NUM
fsr-3836	224	15	,	,	PUNCT
fsr-3836	224	16	1997	1997	NUM
fsr-3836	224	17	which	which	PRON
fsr-3836	224	18	,	,	PUNCT
fsr-3836	224	19	in	in	ADP
fsr-3836	224	20	this	this	DET
fsr-3836	224	21	case	case	NOUN
fsr-3836	224	22	,	,	PUNCT
fsr-3836	224	23	results	result	VERB
fsr-3836	224	24	in	in	ADP
fsr-3836	224	25	a	a	DET
fsr-3836	224	26	dividend	dividend	NOUN
fsr-3836	224	27	yield	yield	NOUN
fsr-3836	224	28	of	of	ADP
fsr-3836	224	29	q	q	NOUN
fsr-3836	224	30	=	=	SYM
fsr-3836	224	31	0.015	0.015	NUM
fsr-3836	224	32	,	,	PUNCT
fsr-3836	224	33	a	a	DET
fsr-3836	224	34	3	3	NUM
fsr-3836	224	35	-	-	PUNCT
fsr-3836	224	36	year	year	NOUN
fsr-3836	224	37	volatility	volatility	NOUN
fsr-3836	224	38	of	of	ADP
fsr-3836	224	39	cr	cr	X
fsr-3836	224	40	=	=	SYM
fsr-3836	224	41	9.42%and	9.42%and	NUM
fsr-3836	224	42	a	a	DET
fsr-3836	224	43	3	3	NUM
fsr-3836	224	44	-	-	PUNCT
fsr-3836	224	45	year	year	NOUN
fsr-3836	224	46	risk	risk	NOUN
fsr-3836	224	47	-	-	PUNCT
fsr-3836	224	48	free	free	ADJ
fsr-3836	224	49	interest	interest	NOUN
fsr-3836	224	50	rate	rate	NOUN
fsr-3836	224	51	of	of	ADP
fsr-3836	224	52	r	r	NOUN
fsr-3836	224	53	=	=	NOUN
fsr-3836	224	54	4.89	4.89	NUM
fsr-3836	224	55	%	%	NOUN
fsr-3836	224	56	.	.	PUNCT
fsr-3836	225	1	the	the	DET
fsr-3836	225	2	resulting	result	VERB
fsr-3836	225	3	vpd	vpd	NOUN
fsr-3836	225	4	is	be	AUX
fsr-3836	225	5	93.69	93.69	NUM
fsr-3836	225	6	%	%	NOUN
fsr-3836	225	7	,	,	PUNCT
fsr-3836	225	8	which	which	PRON
fsr-3836	225	9	translates	translate	VERB
fsr-3836	225	10	into	into	ADP
fsr-3836	225	11	an	an	DET
fsr-3836	225	12	implicit	implicit	ADJ
fsr-3836	225	13	‘	'	PUNCT
fsr-3836	225	14	cost	cost	NOUN
fsr-3836	225	15	’	'	PUNCT
fsr-3836	225	16	of	of	ADP
fsr-3836	225	17	6.31	6.31	NUM
fsr-3836	225	18	%	%	NOUN
fsr-3836	225	19	.	.	PUNCT
fsr-3836	226	1	once	once	ADV
fsr-3836	226	2	again	again	ADV
fsr-3836	226	3	,	,	PUNCT
fsr-3836	226	4	we	we	PRON
fsr-3836	226	5	conducted	conduct	VERB
fsr-3836	226	6	a	a	DET
fsr-3836	226	7	sensitivity	sensitivity	NOUN
fsr-3836	226	8	analysis	analysis	NOUN
fsr-3836	226	9	of	of	ADP
fsr-3836	226	10	our	our	PRON
fsr-3836	226	11	vpd	vpd	NOUN
fsr-3836	226	12	’s	’s	X
fsr-3836	226	13	by	by	ADP
fsr-3836	226	14	perturbing	perturb	VERB
fsr-3836	226	15	the	the	DET
fsr-3836	226	16	mar	mar	PROPN
fsr-3836	226	17	ket	ket	PROPN
fsr-3836	226	18	volatility	volatility	NOUN
fsr-3836	226	19	and	and	CCONJ
fsr-3836	226	20	interest	interest	NOUN
fsr-3836	226	21	rate	rate	NOUN
fsr-3836	226	22	figures	figure	NOUN
fsr-3836	226	23	by	by	ADP
fsr-3836	226	24	1	1	NUM
fsr-3836	226	25	%	%	NOUN
fsr-3836	226	26	around	around	ADP
fsr-3836	226	27	the	the	DET
fsr-3836	226	28	point	point	NOUN
fsr-3836	226	29	estimate	estimate	NOUN
fsr-3836	226	30	provided	provide	VERB
fsr-3836	226	31	by	by	ADP
fsr-3836	226	32	bloomberg	bloomberg	PROPN
fsr-3836	226	33	.	.	PUNCT
fsr-3836	227	1	table	table	NOUN
fsr-3836	227	2	3	3	NUM
fsr-3836	227	3	is	be	AUX
fsr-3836	227	4	a	a	DET
fsr-3836	227	5	summary	summary	NOUN
fsr-3836	227	6	of	of	ADP
fsr-3836	227	7	those	those	DET
fsr-3836	227	8	results	result	NOUN
fsr-3836	227	9	.	.	PUNCT
fsr-3836	228	1	based	base	VERB
fsr-3836	228	2	on	on	ADP
fsr-3836	228	3	a	a	DET
fsr-3836	228	4	vpd	vpd	NOUN
fsr-3836	228	5	analysis	analysis	NOUN
fsr-3836	228	6	,	,	PUNCT
fsr-3836	228	7	it	it	PRON
fsr-3836	228	8	therefore	therefore	ADV
fsr-3836	228	9	appears	appear	VERB
fsr-3836	228	10	that	that	SCONJ
fsr-3836	228	11	the	the	DET
fsr-3836	228	12	2	2	NUM
fsr-3836	228	13	-	-	PUNCT
fsr-3836	228	14	year	year	NOUN
fsr-3836	228	15	c	c	NOUN
fsr-3836	228	16	-	-	NOUN
fsr-3836	228	17	ilgic	ilgic	NOUN
fsr-3836	228	18	offered	offer	VERB
fsr-3836	228	19	by	by	ADP
fsr-3836	228	20	the	the	DET
fsr-3836	228	21	bank	bank	PROPN
fsr-3836	228	22	of	of	ADP
fsr-3836	228	23	nova	nova	PROPN
fsr-3836	228	24	scotia	scotia	PROPN
fsr-3836	228	25	is	be	AUX
fsr-3836	228	26	more	more	ADV
fsr-3836	228	27	valuable	valuable	ADJ
fsr-3836	228	28	than	than	ADP
fsr-3836	228	29	the	the	DET
fsr-3836	228	30	3	3	NUM
fsr-3836	228	31	-	-	PUNCT
fsr-3836	228	32	year	year	NOUN
fsr-3836	228	33	p	p	NOUN
fsr-3836	228	34	-	-	PUNCT
fsr-3836	228	35	ilgic	ilgic	NOUN
fsr-3836	228	36	offered	offer	VERB
fsr-3836	228	37	by	by	ADP
fsr-3836	228	38	laurentian	laurentian	ADJ
fsr-3836	228	39	bank	bank	PROPN
fsr-3836	228	40	,	,	PUNCT
fsr-3836	228	41	by	by	ADP
fsr-3836	228	42	approximately	approximately	ADV
fsr-3836	228	43	4.50	4.50	NUM
fsr-3836	228	44	%	%	NOUN
fsr-3836	228	45	.	.	PUNCT
fsr-3836	229	1	figure	figure	NOUN
fsr-3836	229	2	3	3	NUM
fsr-3836	229	3	is	be	AUX
fsr-3836	229	4	a	a	DET
fsr-3836	229	5	graphical	graphical	ADJ
fsr-3836	229	6	illustration	illustration	NOUN
fsr-3836	229	7	of	of	ADP
fsr-3836	229	8	the	the	DET
fsr-3836	229	9	vpd	vpd	NOUN
fsr-3836	229	10	for	for	ADP
fsr-3836	229	11	both	both	DET
fsr-3836	229	12	products	product	NOUN
fsr-3836	229	13	as	as	ADP
fsr-3836	229	14	a	a	DET
fsr-3836	229	15	function	function	NOUN
fsr-3836	229	16	of	of	ADP
fsr-3836	229	17	time	time	NOUN
fsr-3836	229	18	horizon	horizon	NOUN
fsr-3836	229	19	,	,	PUNCT
fsr-3836	229	20	which	which	PRON
fsr-3836	229	21	an	an	DET
fsr-3836	229	22	average	average	ADJ
fsr-3836	229	23	implied	imply	VERB
fsr-3836	229	24	volatility	volatility	NOUN
fsr-3836	229	25	of	of	ADP
fsr-3836	229	26	10	10	NUM
fsr-3836	229	27	%	%	NOUN
fsr-3836	229	28	and	and	CCONJ
fsr-3836	229	29	incorporating	incorporate	VERB
fsr-3836	229	30	the	the	DET
fsr-3836	229	31	complete	complete	ADJ
fsr-3836	229	32	term	term	NOUN
fsr-3836	229	33	structure	structure	NOUN
fsr-3836	229	34	of	of	ADP
fsr-3836	229	35	interest	interest	NOUN
fsr-3836	229	36	rates	rate	NOUN
fsr-3836	229	37	.	.	PUNCT
fsr-3836	230	1	v.	v.	ADP
fsr-3836	230	2	conclusion	conclusion	NOUN
fsr-3836	230	3	every	every	DET
fsr-3836	230	4	one	one	NUM
fsr-3836	230	5	of	of	ADP
fsr-3836	230	6	the	the	DET
fsr-3836	230	7	six	six	NUM
fsr-3836	230	8	major	major	ADJ
fsr-3836	230	9	canadian	canadian	ADJ
fsr-3836	230	10	banks	bank	NOUN
fsr-3836	230	11	offers	offer	VERB
fsr-3836	230	12	a	a	DET
fsr-3836	230	13	variant	variant	NOUN
fsr-3836	230	14	of	of	ADP
fsr-3836	230	15	the	the	DET
fsr-3836	230	16	indexed	indexed	NOUN
fsr-3836	230	17	linked	link	VERB
fsr-3836	230	18	guaran	guaran	PROPN
fsr-3836	230	19	teed	teed	NOUN
fsr-3836	230	20	investment	investment	NOUN
fsr-3836	230	21	certificates	certificate	NOUN
fsr-3836	230	22	product	product	NOUN
fsr-3836	230	23	.	.	PUNCT
fsr-3836	231	1	an	an	DET
fsr-3836	231	2	ilgic	ilgic	NOUN
fsr-3836	231	3	is	be	AUX
fsr-3836	231	4	a	a	DET
fsr-3836	231	5	retail	retail	ADJ
fsr-3836	231	6	savings	saving	NOUN
fsr-3836	231	7	vehicle	vehicle	NOUN
fsr-3836	231	8	,	,	PUNCT
fsr-3836	231	9	similar	similar	ADJ
fsr-3836	231	10	to	to	ADP
fsr-3836	231	11	a	a	DET
fsr-3836	231	12	term	term	NOUN
fsr-3836	231	13	deposit	deposit	NOUN
fsr-3836	231	14	,	,	PUNCT
fsr-3836	231	15	with	with	ADP
fsr-3836	231	16	an	an	DET
fsr-3836	231	17	interest	interest	NOUN
fsr-3836	231	18	rate	rate	NOUN
fsr-3836	231	19	that	that	PRON
fsr-3836	231	20	is	be	AUX
fsr-3836	231	21	linked	link	VERB
fsr-3836	231	22	to	to	ADP
fsr-3836	231	23	a	a	DET
fsr-3836	231	24	diversified	diversify	VERB
fsr-3836	231	25	stock	stock	NOUN
fsr-3836	231	26	index	index	NOUN
fsr-3836	231	27	.	.	PUNCT
fsr-3836	232	1	upon	upon	SCONJ
fsr-3836	232	2	maturity	maturity	NOUN
fsr-3836	232	3	of	of	ADP
fsr-3836	232	4	the	the	DET
fsr-3836	232	5	product	product	NOUN
fsr-3836	232	6	,	,	PUNCT
fsr-3836	232	7	the	the	DET
fsr-3836	232	8	total	total	ADJ
fsr-3836	232	9	return	return	NOUN
fsr-3836	232	10	will	will	AUX
fsr-3836	232	11	be	be	AUX
fsr-3836	232	12	determined	determine	VERB
fsr-3836	232	13	based	base	VERB
fsr-3836	232	14	on	on	ADP
fsr-3836	232	15	the	the	DET
fsr-3836	232	16	performance	performance	NOUN
fsr-3836	232	17	of	of	ADP
fsr-3836	232	18	the	the	DET
fsr-3836	232	19	underlying	underlying	ADJ
fsr-3836	232	20	index	index	NOUN
fsr-3836	232	21	over	over	ADP
fsr-3836	232	22	the	the	DET
fsr-3836	232	23	pre	pre	ADJ
fsr-3836	232	24	-	-	ADJ
fsr-3836	232	25	specified	specified	ADJ
fsr-3836	232	26	term	term	NOUN
fsr-3836	232	27	.	.	PUNCT
fsr-3836	233	1	there	there	PRON
fsr-3836	233	2	are	be	VERB
fsr-3836	233	3	two	two	NUM
fsr-3836	233	4	basic	basic	ADJ
fsr-3836	233	5	structures	structure	NOUN
fsr-3836	233	6	of	of	ADP
fsr-3836	233	7	indexed	index	VERB
fsr-3836	233	8	linked	link	VERB
fsr-3836	233	9	gics.the	gics.the	DET
fsr-3836	233	10	capped	cap	VERB
fsr-3836	233	11	ilgic	ilgic	NOUN
fsr-3836	233	12	allows	allow	VERB
fsr-3836	233	13	the	the	DET
fsr-3836	233	14	holder	holder	NOUN
fsr-3836	233	15	to	to	PART
fsr-3836	233	16	participate	participate	VERB
fsr-3836	233	17	in	in	ADP
fsr-3836	233	18	any	any	DET
fsr-3836	233	19	upward	upward	ADJ
fsr-3836	233	20	movement	movement	NOUN
fsr-3836	233	21	in	in	ADP
fsr-3836	233	22	the	the	DET
fsr-3836	233	23	underlying	underlie	VERB
fsr-3836	233	24	stock	stock	NOUN
fsr-3836	233	25	index	index	NOUN
fsr-3836	233	26	,	,	PUNCT
fsr-3836	233	27	up	up	ADP
fsr-3836	233	28	to	to	ADP
fsr-3836	233	29	a	a	DET
fsr-3836	233	30	pre	pre	ADJ
fsr-3836	233	31	-	-	ADJ
fsr-3836	233	32	specified	specified	ADJ
fsr-3836	233	33	annual	annual	ADJ
fsr-3836	233	34	percentage	percentage	NOUN
fsr-3836	233	35	cap	cap	NOUN
fsr-3836	233	36	.	.	PUNCT
fsr-3836	234	1	the	the	DET
fsr-3836	234	2	p	p	NOUN
fsr-3836	234	3	-	-	PUNCT
fsr-3836	234	4	ilgic	ilgic	NOUN
fsr-3836	234	5	allows	allow	VERB
fsr-3836	234	6	the	the	DET
fsr-3836	234	7	holder	holder	NOUN
fsr-3836	234	8	to	to	PART
fsr-3836	234	9	participate	participate	VERB
fsr-3836	234	10	in	in	ADP
fsr-3836	234	11	a	a	DET
fsr-3836	234	12	fixed	fix	VERB
fsr-3836	234	13	fraction	fraction	NOUN
fsr-3836	234	14	of	of	ADP
fsr-3836	234	15	any	any	DET
fsr-3836	234	16	upward	upward	ADJ
fsr-3836	234	17	movement	movement	NOUN
fsr-3836	234	18	in	in	ADP
fsr-3836	234	19	the	the	DET
fsr-3836	234	20	underlying	underlie	VERB
fsr-3836	234	21	stock	stock	NOUN
fsr-3836	234	22	index	index	NOUN
fsr-3836	234	23	,	,	PUNCT
fsr-3836	234	24	with	with	ADP
fsr-3836	234	25	no	no	DET
fsr-3836	234	26	pre	pre	ADJ
fsr-3836	234	27	-	-	ADJ
fsr-3836	234	28	specified	specified	ADJ
fsr-3836	234	29	cap	cap	NOUN
fsr-3836	234	30	.	.	PUNCT
fsr-3836	235	1	both	both	DET
fsr-3836	235	2	products	product	NOUN
fsr-3836	235	3	have	have	VERB
fsr-3836	235	4	an	an	DET
fsr-3836	235	5	implicit	implicit	ADJ
fsr-3836	235	6	guarantee	guarantee	NOUN
fsr-3836	235	7	of	of	ADP
fsr-3836	235	8	princi	princi	PROPN
fsr-3836	235	9	pal	pal	ADJ
fsr-3836	235	10	plus	plus	CCONJ
fsr-3836	235	11	minimal	minimal	ADJ
fsr-3836	235	12	interest	interest	NOUN
fsr-3836	235	13	.	.	PUNCT
fsr-3836	236	1	this	this	DET
fsr-3836	236	2	study	study	NOUN
fsr-3836	236	3	compares	compare	VERB
fsr-3836	236	4	the	the	DET
fsr-3836	236	5	relative	relative	ADJ
fsr-3836	236	6	value	value	NOUN
fsr-3836	236	7	and	and	CCONJ
fsr-3836	236	8	appeal	appeal	NOUN
fsr-3836	236	9	of	of	ADP
fsr-3836	236	10	the	the	DET
fsr-3836	236	11	two	two	NUM
fsr-3836	236	12	basic	basic	ADJ
fsr-3836	236	13	ilgic	ilgic	NOUN
fsr-3836	236	14	products	product	NOUN
fsr-3836	236	15	from	from	ADP
fsr-3836	236	16	the	the	DET
fsr-3836	236	17	perspective	perspective	NOUN
fsr-3836	236	18	of	of	ADP
fsr-3836	236	19	the	the	DET
fsr-3836	236	20	individual	individual	ADJ
fsr-3836	236	21	investor	investor	NOUN
fsr-3836	236	22	.	.	PUNCT
fsr-3836	237	1	our	our	PRON
fsr-3836	237	2	valuation	valuation	NOUN
fsr-3836	237	3	technique	technique	NOUN
fsr-3836	237	4	can	can	AUX
fsr-3836	237	5	be	be	AUX
fsr-3836	237	6	applied	apply	VERB
fsr-3836	237	7	to	to	ADP
fsr-3836	237	8	any	any	DET
fsr-3836	237	9	ilgic	ilgic	NOUN
fsr-3836	237	10	.	.	PUNCT
fsr-3836	238	1	from	from	ADP
fsr-3836	238	2	an	an	DET
fsr-3836	238	3	empirical	empirical	ADJ
fsr-3836	238	4	point	point	NOUN
fsr-3836	238	5	of	of	ADP
fsr-3836	238	6	view	view	NOUN
fsr-3836	238	7	,	,	PUNCT
fsr-3836	238	8	our	our	PRON
fsr-3836	238	9	main	main	ADJ
fsr-3836	238	10	conclusions	conclusion	NOUN
fsr-3836	238	11	are	be	AUX
fsr-3836	238	12	that	that	SCONJ
fsr-3836	238	13	ilgics	ilgic	NOUN
fsr-3836	238	14	becomes	become	VERB
fsr-3836	238	15	less	less	ADV
fsr-3836	238	16	attractive	attractive	ADJ
fsr-3836	238	17	,	,	PUNCT
fsr-3836	238	18	the	the	PRON
fsr-3836	238	19	longer	long	ADV
fsr-3836	238	20	the	the	DET
fsr-3836	238	21	time	time	NOUN
fsr-3836	238	22	horizon	horizon	NOUN
fsr-3836	238	23	of	of	ADP
fsr-3836	238	24	the	the	DET
fsr-3836	238	25	investor	investor	NOUN
fsr-3836	238	26	.	.	PUNCT
fsr-3836	239	1	in	in	ADP
fsr-3836	239	2	addition	addition	NOUN
fsr-3836	239	3	,	,	PUNCT
fsr-3836	239	4	partici	partici	NOUN
fsr-3836	239	5	pating	pat	VERB
fsr-3836	239	6	ilgics	ilgic	NOUN
fsr-3836	239	7	are	be	AUX
fsr-3836	239	8	preferable	preferable	ADJ
fsr-3836	239	9	to	to	ADP
fsr-3836	239	10	capped	cap	VERB
fsr-3836	239	11	ilgics	ilgic	NOUN
fsr-3836	239	12	for	for	ADP
fsr-3836	239	13	short	short	ADJ
fsr-3836	239	14	term	term	NOUN
fsr-3836	239	15	maturities	maturity	NOUN
fsr-3836	239	16	and	and	CCONJ
fsr-3836	239	17	vice	vice	NOUN
fsr-3836	239	18	versa	versa	ADV
fsr-3836	239	19	for	for	ADP
fsr-3836	239	20	longer	long	ADJ
fsr-3836	239	21	maturities	maturity	NOUN
fsr-3836	239	22	.	.	PUNCT
fsr-3836	240	1	a	a	DET
fsr-3836	240	2	detailed	detailed	ADJ
fsr-3836	240	3	analysis	analysis	NOUN
fsr-3836	240	4	of	of	ADP
fsr-3836	240	5	two	two	NUM
fsr-3836	240	6	particular	particular	ADJ
fsr-3836	240	7	canadian	canadian	ADJ
fsr-3836	240	8	products	product	NOUN
fsr-3836	240	9	was	be	AUX
fsr-3836	240	10	pro	pro	ADV
fsr-3836	240	11	vided	vide	VERB
fsr-3836	240	12	as	as	ADP
fsr-3836	240	13	an	an	DET
fsr-3836	240	14	application	application	NOUN
fsr-3836	240	15	of	of	ADP
fsr-3836	240	16	the	the	DET
fsr-3836	240	17	basic	basic	ADJ
fsr-3836	240	18	concepts	concept	NOUN
fsr-3836	240	19	.	.	PUNCT
fsr-3836	241	1	we	we	PRON
fsr-3836	241	2	concluded	conclude	VERB
fsr-3836	241	3	by	by	ADP
fsr-3836	241	4	demonstrating	demonstrate	VERB
fsr-3836	241	5	that	that	SCONJ
fsr-3836	241	6	vpds	vpds	NOUN
fsr-3836	241	7	range	range	NOUN
fsr-3836	241	8	from	from	ADP
fsr-3836	241	9	95	95	NUM
fsr-3836	241	10	%	%	NOUN
fsr-3836	241	11	98	98	NUM
fsr-3836	241	12	%	%	NOUN
fsr-3836	241	13	,	,	PUNCT
fsr-3836	241	14	corresponding	correspond	VERB
fsr-3836	241	15	to	to	ADP
fsr-3836	241	16	a	a	DET
fsr-3836	241	17	3	3	NUM
fsr-3836	241	18	%	%	NOUN
fsr-3836	241	19	5	5	NUM
fsr-3836	241	20	%	%	NOUN
fsr-3836	241	21	expense	expense	NOUN
fsr-3836	241	22	ratio	ratio	NOUN
fsr-3836	241	23	on	on	ADP
fsr-3836	241	24	index	index	NOUN
fsr-3836	241	25	linked	link	VERB
fsr-3836	241	26	gics	gic	NOUN
fsr-3836	241	27	.	.	PUNCT
fsr-3836	242	1	282	282	NUM
fsr-3836	242	2	financial	financial	ADJ
fsr-3836	242	3	services	service	NOUN
fsr-3836	242	4	review	review	NOUN
fsr-3836	242	5	6(4	6(4	NUM
fsr-3836	242	6	)	)	PUNCT
fsr-3836	242	7	1997	1997	NUM
fsr-3836	242	8	acknowledgment	acknowledgment	NOUN
fsr-3836	242	9	:	:	PUNCT
fsr-3836	242	10	this	this	DET
fsr-3836	242	11	project	project	NOUN
fsr-3836	242	12	was	be	AUX
fsr-3836	242	13	supported	support	VERB
fsr-3836	242	14	by	by	ADP
fsr-3836	242	15	a	a	DET
fsr-3836	242	16	grant	grant	NOUN
fsr-3836	242	17	from	from	ADP
fsr-3836	242	18	the	the	DET
fsr-3836	242	19	york	york	PROPN
fsr-3836	242	20	university	university	PROPN
fsr-3836	242	21	research	research	NOUN
fsr-3836	242	22	authority	authority	NOUN
fsr-3836	242	23	.	.	PUNCT
fsr-3836	243	1	the	the	DET
fsr-3836	243	2	authors	author	NOUN
fsr-3836	243	3	would	would	AUX
fsr-3836	243	4	like	like	VERB
fsr-3836	243	5	to	to	PART
fsr-3836	243	6	acknowledge	acknowledge	VERB
fsr-3836	243	7	helpful	helpful	ADJ
fsr-3836	243	8	suggestions	suggestion	NOUN
fsr-3836	243	9	and	and	CCONJ
fsr-3836	243	10	comments	comment	NOUN
fsr-3836	243	11	from	from	ADP
fsr-3836	243	12	aron	aron	PROPN
fsr-3836	243	13	gottesman	gottesman	PROPN
fsr-3836	243	14	,	,	PUNCT
fsr-3836	243	15	karen	karen	PROPN
fsr-3836	243	16	lahey	lahey	PROPN
fsr-3836	243	17	,	,	PUNCT
fsr-3836	243	18	the	the	DET
fsr-3836	243	19	editor	editor	NOUN
fsr-3836	243	20	,	,	PUNCT
fsr-3836	243	21	and	and	CCONJ
fsr-3836	243	22	two	two	NUM
fsr-3836	243	23	anonymous	anonymous	ADJ
fsr-3836	243	24	reviewers	reviewer	NOUN
fsr-3836	243	25	.	.	PUNCT
fsr-3836	244	1	appendix	appendix	VERB
fsr-3836	244	2	derivation	derivation	NOUN
fsr-3836	244	3	of	of	ADP
fsr-3836	244	4	valuation	valuation	NOUN
fsr-3836	244	5	formulas	formula	NOUN
fsr-3836	244	6	with	with	ADP
fsr-3836	244	7	some	some	DET
fsr-3836	244	8	algebra	algebra	NOUN
fsr-3836	244	9	,	,	PUNCT
fsr-3836	244	10	we	we	PRON
fsr-3836	244	11	can	can	AUX
fsr-3836	244	12	transform	transform	VERB
fsr-3836	244	13	the	the	DET
fsr-3836	244	14	payoff	payoff	NOUN
fsr-3836	244	15	from	from	ADP
fsr-3836	244	16	the	the	DET
fsr-3836	244	17	capped	cap	VERB
fsr-3836	244	18	-	-	PUNCT
fsr-3836	244	19	ilgic	ilgic	NOUN
fsr-3836	244	20	,	,	PUNCT
fsr-3836	244	21	in	in	ADP
fsr-3836	244	22	equa	equa	NOUN
fsr-3836	244	23	tion	tion	NOUN
fsr-3836	244	24	(	(	PUNCT
fsr-3836	244	25	l	l	NOUN
fsr-3836	244	26	)	)	PUNCT
fsr-3836	244	27	,	,	PUNCT
fsr-3836	244	28	to	to	PART
fsr-3836	244	29	:	:	PUNCT
fsr-3836	244	30	1	1	NUM
fsr-3836	244	31	[	[	PUNCT
fsr-3836	244	32	st	st	PROPN
fsr-3836	244	33	-max	-max	PUNCT
fsr-3836	244	34	--exp{(c	--exp{(c	PROPN
fsr-3836	244	35	-	-	PUNCT
fsr-3836	244	36	g,)t},o	g,)t},o	ADJ
fsr-3836	244	37	so	so	SCONJ
fsr-3836	244	38	11	11	NUM
fsr-3836	244	39	(	(	PUNCT
fsr-3836	244	40	8)	8)	NUM
fsr-3836	244	41	or	or	CCONJ
fsr-3836	244	42	zexp{gct	zexp{gct	PROPN
fsr-3836	244	43	)	)	PUNCT
fsr-3836	245	1	+	+	CCONJ
fsr-3836	245	2	i	i	PRON
fsr-3836	246	1	[	[	X
fsr-3836	246	2	max[st	max[st	NOUN
fsr-3836	246	3	-	-	PUNCT
fsr-3836	246	4	soexp{g	soexp{g	ADJ
fsr-3836	246	5	,	,	PUNCT
fsr-3836	246	6	t},o	t},o	NOUN
fsr-3836	246	7	]	]	PUNCT
fsr-3836	246	8	max[~t	max[~t	PROPN
fsr-3836	246	9	-	-	PUNCT
fsr-3836	246	10	so	so	NOUN
fsr-3836	246	11	~	~	NOUN
fsr-3836	246	12	xp~(c	xp~(c	NOUN
fsr-3836	246	13	-	-	PUNCT
fsr-3836	246	14	g,)t~,oll	g,)t~,oll	NOUN
fsr-3836	246	15	(	(	PUNCT
fsr-3836	246	16	9	9	NUM
fsr-3836	246	17	)	)	PUNCT
fsr-3836	246	18	given	give	VERB
fsr-3836	246	19	a	a	DET
fsr-3836	246	20	state	state	NOUN
fsr-3836	246	21	-	-	PUNCT
fsr-3836	246	22	contingent	contingent	NOUN
fsr-3836	246	23	payoff	payoff	NOUN
fsr-3836	246	24	structure	structure	NOUN
fsr-3836	246	25	,	,	PUNCT
fsr-3836	246	26	we	we	PRON
fsr-3836	246	27	compute	compute	VERB
fsr-3836	246	28	the	the	DET
fsr-3836	246	29	no	no	DET
fsr-3836	246	30	-	-	PUNCT
fsr-3836	246	31	arbitrage	arbitrage	NOUN
fsr-3836	246	32	price	price	NOUN
fsr-3836	246	33	for	for	ADP
fsr-3836	246	34	the	the	DET
fsr-3836	246	35	ilgic	ilgic	NOUN
fsr-3836	246	36	using	use	VERB
fsr-3836	246	37	risk	risk	NOUN
fsr-3836	246	38	neutral	neutral	ADJ
fsr-3836	246	39	pricing	pricing	NOUN
fsr-3836	246	40	.	.	PUNCT
fsr-3836	247	1	zexp{(g	zexp{(g	X
fsr-3836	247	2	,	,	PUNCT
fsr-3836	248	1	r)tl	r)tl	PROPN
fsr-3836	248	2	+	+	ADP
fsr-3836	248	3	1	1	NUM
fsr-3836	248	4	bs(so	bs(so	PROPN
fsr-3836	248	5	,	,	PUNCT
fsr-3836	248	6	soexp(g	soexp(g	PROPN
fsr-3836	248	7	,	,	PUNCT
fsr-3836	248	8	t),t	t),t	PROPN
fsr-3836	248	9	,	,	PUNCT
fsr-3836	248	10	q	q	NOUN
fsr-3836	248	11	,	,	PUNCT
fsr-3836	248	12	r	r	NOUN
fsr-3836	248	13	,	,	PUNCT
fsr-3836	248	14	o	o	NOUN
fsr-3836	248	15	)	)	PUNCT
fsr-3836	248	16	-1	-1	PROPN
fsr-3836	248	17	ws,,s	ws,,s	PROPN
fsr-3836	248	18	,	,	PUNCT
fsr-3836	248	19	exp	exp	NOUN
fsr-3836	248	20	-	-	PUNCT
fsr-3836	248	21	l(c	l(c	NOUN
fsr-3836	248	22	g,)tl	g,)tl	NOUN
fsr-3836	248	23	,	,	PUNCT
fsr-3836	248	24	t	t	PROPN
fsr-3836	248	25	,	,	PUNCT
fsr-3836	248	26	q	q	NOUN
fsr-3836	248	27	,	,	PUNCT
fsr-3836	248	28	r	r	NOUN
fsr-3836	248	29	,	,	PUNCT
fsr-3836	248	30	o	o	NOUN
fsr-3836	248	31	)	)	PUNCT
fsr-3836	248	32	(	(	PUNCT
fsr-3836	248	33	10	10	NUM
fsr-3836	248	34	)	)	PUNCT
fsr-3836	248	35	where	where	SCONJ
fsr-3836	248	36	r	r	NOUN
fsr-3836	248	37	is	be	AUX
fsr-3836	248	38	the	the	DET
fsr-3836	248	39	risk	risk	NOUN
fsr-3836	248	40	free	free	ADJ
fsr-3836	248	41	rate	rate	NOUN
fsr-3836	248	42	(	(	PUNCT
fsr-3836	248	43	by	by	ADP
fsr-3836	248	44	definition	definition	NOUN
fsr-3836	248	45	greater	great	ADJ
fsr-3836	248	46	than	than	ADP
fsr-3836	248	47	the	the	DET
fsr-3836	248	48	minimal	minimal	ADJ
fsr-3836	248	49	guarantee	guarantee	NOUN
fsr-3836	248	50	gk	gk	PROPN
fsr-3836	248	51	)	)	PUNCT
fsr-3836	248	52	and	and	CCONJ
fsr-3836	248	53	bs(s	bs(s	NUM
fsr-3836	248	54	,	,	PUNCT
fsr-3836	248	55	x	x	PROPN
fsr-3836	248	56	,	,	PUNCT
fsr-3836	248	57	t	t	PROPN
fsr-3836	248	58	,	,	PUNCT
fsr-3836	248	59	q	q	NOUN
fsr-3836	248	60	,	,	PUNCT
fsr-3836	248	61	r	r	NOUN
fsr-3836	248	62	,	,	PUNCT
fsr-3836	248	63	o	o	NOUN
fsr-3836	248	64	)	)	PUNCT
fsr-3836	248	65	is	be	AUX
fsr-3836	248	66	the	the	DET
fsr-3836	248	67	black	black	ADJ
fsr-3836	248	68	and	and	CCONJ
fsr-3836	248	69	scholes	schole	NOUN
fsr-3836	248	70	price	price	NOUN
fsr-3836	248	71	of	of	ADP
fsr-3836	248	72	a	a	DET
fsr-3836	248	73	call	call	NOUN
fsr-3836	248	74	option	option	NOUN
fsr-3836	248	75	,	,	PUNCT
fsr-3836	248	76	defined	define	VERB
fsr-3836	248	77	by	by	ADP
fsr-3836	248	78	:	:	PUNCT
fsr-3836	248	79	bs(s	bs(s	NUM
fsr-3836	248	80	,	,	PUNCT
fsr-3836	248	81	x	x	X
fsr-3836	248	82	,	,	PUNCT
fsr-3836	248	83	t	t	PROPN
fsr-3836	248	84	,	,	PUNCT
fsr-3836	248	85	q	q	NOUN
fsr-3836	248	86	,	,	PUNCT
fsr-3836	248	87	r	r	NOUN
fsr-3836	248	88	,	,	PUNCT
fsr-3836	248	89	(	(	PUNCT
fsr-3836	248	90	t	t	NOUN
fsr-3836	248	91	)	)	PUNCT
fsr-3836	249	1	=	=	SYM
fsr-3836	249	2	s	s	PART
fsr-3836	249	3	exp{-qt}n(dl	exp{-qt}n(dl	NOUN
fsr-3836	249	4	)	)	PUNCT
fsr-3836	249	5	-x	-x	NOUN
fsr-3836	249	6	exp{-rt}n{dz	exp{-rt}n{dz	NOUN
fsr-3836	249	7	)	)	PUNCT
fsr-3836	249	8	(	(	PUNCT
fsr-3836	249	9	11	11	NUM
fsr-3836	249	10	)	)	PUNCT
fsr-3836	249	11	where	where	SCONJ
fsr-3836	249	12	in	in	ADP
fsr-3836	249	13	g	g	PROPN
fsr-3836	249	14	+	+	CCONJ
fsr-3836	249	15	d	d	PROPN
fsr-3836	249	16	,	,	PUNCT
fsr-3836	249	17	=	=	PUNCT
fsr-3836	250	1	[	[	X
fsr-3836	250	2	i	i	PRON
fsr-3836	250	3	(	(	PUNCT
fsr-3836	250	4	ojt	ojt	PROPN
fsr-3836	250	5	d	d	NOUN
fsr-3836	250	6	,	,	PUNCT
fsr-3836	250	7	=	=	SYM
fsr-3836	250	8	ojt	ojt	ADJ
fsr-3836	250	9	plugging	plug	VERB
fsr-3836	250	10	back	back	ADP
fsr-3836	250	11	into	into	ADP
fsr-3836	250	12	equation	equation	NOUN
fsr-3836	250	13	(	(	PUNCT
fsr-3836	250	14	lo	lo	PROPN
fsr-3836	250	15	)	)	PUNCT
fsr-3836	250	16	,	,	PUNCT
fsr-3836	250	17	simplifying	simplify	VERB
fsr-3836	250	18	,	,	PUNCT
fsr-3836	250	19	and	and	CCONJ
fsr-3836	250	20	then	then	ADV
fsr-3836	250	21	dividing	divide	VERB
fsr-3836	250	22	by	by	ADP
fsr-3836	250	23	the	the	DET
fsr-3836	250	24	initial	initial	ADJ
fsr-3836	250	25	investment	investment	NOUN
fsr-3836	250	26	i	i	PRON
fsr-3836	250	27	,	,	PUNCT
fsr-3836	250	28	we	we	PRON
fsr-3836	250	29	obtain	obtain	VERB
fsr-3836	250	30	the	the	DET
fsr-3836	250	31	c	c	NOUN
fsr-3836	250	32	-	-	PUNCT
fsr-3836	250	33	ilgic	ilgic	NOUN
fsr-3836	250	34	value	value	NOUN
fsr-3836	250	35	as	as	ADP
fsr-3836	250	36	a	a	DET
fsr-3836	250	37	percent	percent	NOUN
fsr-3836	250	38	ofpar	ofpar	NOUN
fsr-3836	250	39	,	,	PUNCT
fsr-3836	250	40	equal	equal	ADJ
fsr-3836	250	41	to	to	ADP
fsr-3836	250	42	:	:	PUNCT
fsr-3836	250	43	v,(c	v,(c	NOUN
fsr-3836	250	44	,	,	PUNCT
fsr-3836	250	45	g	g	NOUN
fsr-3836	250	46	,	,	PUNCT
fsr-3836	250	47	)	)	PUNCT
fsr-3836	250	48	=	=	SYM
fsr-3836	250	49	exp{(g	exp{(g	NOUN
fsr-3836	250	50	,	,	PUNCT
fsr-3836	250	51	r)t	r)t	X
fsr-3836	250	52	]	]	PUNCT
fsr-3836	251	1	+	+	NUM
fsr-3836	251	2	exp{--qt]nbl	exp{--qt]nbl	NOUN
fsr-3836	251	3	)	)	PUNCT
fsr-3836	251	4	exp((g	exp((g	PROPN
fsr-3836	251	5	,	,	PUNCT
fsr-3836	251	6	r)tw(w	r)tw(w	NOUN
fsr-3836	251	7	-exp{-qt}n(b$	-exp{-qt}n(b$	VERB
fsr-3836	251	8	+	+	CCONJ
fsr-3836	251	9	exp((c	exp((c	PROPN
fsr-3836	251	10	g	g	NOUN
fsr-3836	251	11	,	,	PUNCT
fsr-3836	251	12	r)tw(b4	r)tw(b4	NOUN
fsr-3836	251	13	)	)	PUNCT
fsr-3836	251	14	(	(	PUNCT
fsr-3836	251	15	12	12	NUM
fsr-3836	251	16	)	)	PUNCT
fsr-3836	251	17	the	the	DET
fsr-3836	251	18	optimal	optimal	ADJ
fsr-3836	251	19	choice	choice	NOUN
fsr-3836	251	20	of	of	ADP
fsr-3836	251	21	index	index	NOUN
fsr-3836	251	22	-	-	PUNCT
fsr-3836	251	23	linked	link	VERB
fsr-3836	251	24	gics	gic	NOUN
fsr-3836	251	25	283	283	NUM
fsr-3836	251	26	where	where	SCONJ
fsr-3836	251	27	,	,	PUNCT
fsr-3836	251	28	+	+	NOUN
fsr-3836	251	29	;)	;)	ADJ
fsr-3836	251	30	fi	fi	NOUN
fsr-3836	251	31	,	,	PUNCT
fsr-3836	251	32	6	6	NUM
fsr-3836	251	33	,	,	PUNCT
fsr-3836	251	34	=	=	PUNCT
fsr-3836	251	35	(	(	PUNCT
fsr-3836	251	36	‘	'	PUNCT
fsr-3836	251	37	-;-“‘-;)fi	-;-“‘-;)fi	NUM
fsr-3836	251	38	(	(	PUNCT
fsr-3836	251	39	13	13	NUM
fsr-3836	251	40	)	)	PUNCT
fsr-3836	251	41	6	6	NUM
fsr-3836	251	42	,	,	PUNCT
fsr-3836	251	43	=	=	SYM
fsr-3836	252	1	r	r	X
fsr-3836	252	2	-	-	PUNCT
fsr-3836	252	3	q	q	NOUN
fsr-3836	252	4	-	-	PUNCT
fsr-3836	252	5	c	c	NOUN
fsr-3836	252	6	-	-	PUNCT
fsr-3836	252	7	g	g	NOUN
fsr-3836	252	8	,	,	PUNCT
fsr-3836	252	9	b	b	NOUN
fsr-3836	252	10	,	,	PUNCT
fsr-3836	252	11	=	=	SYM
fsr-3836	252	12	r	r	X
fsr-3836	252	13	-	-	PUNCT
fsr-3836	252	14	q	q	NOUN
fsr-3836	252	15	-	-	PUNCT
fsr-3836	252	16	c	c	NOUN
fsr-3836	252	17	-	-	PUNCT
fsr-3836	252	18	g	g	NOUN
fsr-3836	252	19	,	,	PUNCT
fsr-3836	252	20	(	(	PUNCT
fsr-3836	252	21	t	t	NOUN
fsr-3836	252	22	d	d	X
fsr-3836	252	23	(	(	PUNCT
fsr-3836	252	24	14	14	NUM
fsr-3836	252	25	)	)	PUNCT
fsr-3836	252	26	next	next	ADV
fsr-3836	252	27	,	,	PUNCT
fsr-3836	252	28	let	let	VERB
fsr-3836	252	29	us	we	PRON
fsr-3836	252	30	examine	examine	VERB
fsr-3836	252	31	the	the	DET
fsr-3836	252	32	participating	participate	VERB
fsr-3836	252	33	ilgic	ilgic	NOUN
fsr-3836	252	34	.	.	PUNCT
fsr-3836	253	1	with	with	ADP
fsr-3836	253	2	some	some	DET
fsr-3836	253	3	algebra	algebra	NOUN
fsr-3836	253	4	,	,	PUNCT
fsr-3836	253	5	we	we	PRON
fsr-3836	253	6	can	can	AUX
fsr-3836	253	7	transform	transform	VERB
fsr-3836	253	8	the	the	DET
fsr-3836	253	9	payoff	payoff	NOUN
fsr-3836	253	10	from	from	ADP
fsr-3836	253	11	the	the	DET
fsr-3836	253	12	p	p	NOUN
fsr-3836	253	13	-	-	PUNCT
fsr-3836	253	14	ilgic	ilgic	NOUN
fsr-3836	253	15	,	,	PUNCT
fsr-3836	253	16	in	in	ADP
fsr-3836	253	17	equation	equation	NOUN
fsr-3836	253	18	(	(	PUNCT
fsr-3836	253	19	2	2	NUM
fsr-3836	253	20	)	)	PUNCT
fsr-3836	253	21	,	,	PUNCT
fsr-3836	253	22	to	to	PART
fsr-3836	253	23	:	:	PUNCT
fsr-3836	253	24	iexp(g	iexp(g	PROPN
fsr-3836	253	25	,	,	PUNCT
fsr-3836	253	26	t	t	PROPN
fsr-3836	253	27	)	)	PUNCT
fsr-3836	254	1	+	+	CCONJ
fsr-3836	254	2	ipmax	ipmax	PROPN
fsr-3836	254	3	st	st	PROPN
fsr-3836	254	4	s	s	PROPN
fsr-3836	254	5	0	0	NUM
fsr-3836	254	6	which	which	PRON
fsr-3836	254	7	simplifies	simplify	VERB
fsr-3836	254	8	to	to	PART
fsr-3836	254	9	:	:	PUNCT
fsr-3836	254	10	exp{gpt170	exp{gpt170	X
fsr-3836	254	11	1	1	NUM
fsr-3836	254	12	(	(	PUNCT
fsr-3836	254	13	15	15	NUM
fsr-3836	254	14	)	)	PUNCT
fsr-3836	254	15	zexp{g	zexp{g	NOUN
fsr-3836	254	16	,	,	PUNCT
fsr-3836	254	17	t	t	PROPN
fsr-3836	254	18	)	)	PUNCT
fsr-3836	254	19	+	+	CCONJ
fsr-3836	254	20	zemax[s,-soexp{gpt},o	zemax[s,-soexp{gpt},o	PROPN
fsr-3836	254	21	]	]	X
fsr-3836	254	22	.	.	PUNCT
fsr-3836	255	1	so	so	ADV
fsr-3836	255	2	(	(	PUNCT
fsr-3836	255	3	16	16	NUM
fsr-3836	255	4	)	)	PUNCT
fsr-3836	255	5	once	once	ADV
fsr-3836	255	6	again	again	ADV
fsr-3836	255	7	,	,	PUNCT
fsr-3836	255	8	we	we	PRON
fsr-3836	255	9	compute	compute	VERB
fsr-3836	255	10	the	the	DET
fsr-3836	255	11	no	no	DET
fsr-3836	255	12	-	-	PUNCT
fsr-3836	255	13	arbitrage	arbitrage	NOUN
fsr-3836	255	14	price	price	NOUN
fsr-3836	255	15	for	for	ADP
fsr-3836	255	16	the	the	DET
fsr-3836	255	17	ilgic	ilgic	NOUN
fsr-3836	255	18	using	use	VERB
fsr-3836	255	19	risk	risk	NOUN
fsr-3836	255	20	neutral	neutral	ADJ
fsr-3836	255	21	pric	pric	NOUN
fsr-3836	255	22	ing	ing	ADJ
fsr-3836	255	23	to	to	PART
fsr-3836	255	24	obtain	obtain	VERB
fsr-3836	255	25	:	:	PUNCT
fsr-3836	255	26	lexp{(g	lexp{(g	PROPN
fsr-3836	255	27	,	,	PUNCT
fsr-3836	255	28	r)t1	r)t1	PROPN
fsr-3836	255	29	+	+	CCONJ
fsr-3836	255	30	1	1	NUM
fsr-3836	255	31	bs(so	bs(so	PROPN
fsr-3836	255	32	,	,	PUNCT
fsr-3836	255	33	soexp(g	soexp(g	PROPN
fsr-3836	255	34	,	,	PUNCT
fsr-3836	255	35	t},t	t},t	PROPN
fsr-3836	255	36	,	,	PUNCT
fsr-3836	255	37	q	q	NOUN
fsr-3836	255	38	,	,	PUNCT
fsr-3836	255	39	r	r	NOUN
fsr-3836	255	40	,	,	PUNCT
fsr-3836	255	41	o	o	NOUN
fsr-3836	255	42	)	)	PUNCT
fsr-3836	255	43	(	(	PUNCT
fsr-3836	255	44	17	17	NUM
fsr-3836	255	45	)	)	PUNCT
fsr-3836	255	46	and	and	CCONJ
fsr-3836	255	47	,	,	PUNCT
fsr-3836	255	48	finally	finally	ADV
fsr-3836	255	49	we	we	PRON
fsr-3836	255	50	obtain	obtain	VERB
fsr-3836	255	51	the	the	DET
fsr-3836	255	52	p	p	ADJ
fsr-3836	255	53	-	-	PUNCT
fsr-3836	255	54	ilgic	ilgic	NOUN
fsr-3836	255	55	value	value	NOUN
fsr-3836	255	56	as	as	ADP
fsr-3836	255	57	a	a	DET
fsr-3836	255	58	percent	percent	NOUN
fsr-3836	255	59	ofpar	ofpar	NOUN
fsr-3836	255	60	,	,	PUNCT
fsr-3836	255	61	equal	equal	ADJ
fsr-3836	255	62	to	to	ADP
fsr-3836	255	63	:	:	PUNCT
fsr-3836	255	64	vp@	vp@	ADJ
fsr-3836	255	65	,	,	PUNCT
fsr-3836	255	66	gp	gp	NOUN
fsr-3836	255	67	)	)	PUNCT
fsr-3836	255	68	=	=	SYM
fsr-3836	255	69	e&(g	e&(g	ADJ
fsr-3836	255	70	,	,	PUNCT
fsr-3836	255	71	r)t	r)t	PUNCT
fsr-3836	255	72	)	)	PUNCT
fsr-3836	256	1	+	+	CCONJ
fsr-3836	256	2	p	p	NOUN
fsr-3836	256	3	exp{-qtw(al	exp{-qtw(al	NOUN
fsr-3836	256	4	)	)	PUNCT
fsr-3836	256	5	-p	-p	DET
fsr-3836	256	6	exp((gp	exp((gp	NOUN
fsr-3836	256	7	r)tw(a2	r)tw(a2	NOUN
fsr-3836	256	8	)	)	PUNCT
fsr-3836	256	9	(	(	PUNCT
fsr-3836	256	10	18	18	NUM
fsr-3836	256	11	)	)	PUNCT
fsr-3836	256	12	where	where	SCONJ
fsr-3836	256	13	r-9	r-9	ADJ
fsr-3836	256	14	-	-	PUNCT
fsr-3836	256	15	g	g	ADP
fsr-3836	256	16	a	a	PRON
fsr-3836	256	17	,	,	PUNCT
fsr-3836	256	18	=	=	PRON
fsr-3836	256	19	(	(	PUNCT
fsr-3836	256	20	pp+	pp+	NOUN
fsr-3836	256	21	;	;	PUNCT
fsr-3836	256	22	j	j	PROPN
fsr-3836	256	23	?	?	PUNCT
fsr-3836	256	24	;	;	PUNCT
fsr-3836	256	25	,	,	PUNCT
fsr-3836	256	26	(	(	PUNCT
fsr-3836	256	27	r	r	NOUN
fsr-3836	256	28	1	1	NUM
fsr-3836	256	29	a2	a2	NOUN
fsr-3836	256	30	=	=	PUNCT
fsr-3836	256	31	(	(	PUNCT
fsr-3836	256	32	r	r	X
fsr-3836	256	33	-	-	PUNCT
fsr-3836	256	34	q	q	NOUN
fsr-3836	256	35	-	-	PUNCT
fsr-3836	256	36	g	g	NOUN
fsr-3836	256	37	,	,	PUNCT
fsr-3836	256	38	0	0	NUM
fsr-3836	256	39	d	d	NOUN
fsr-3836	256	40	?	?	PUNCT
fsr-3836	256	41	)	)	PUNCT
fsr-3836	256	42	jt	jt	PROPN
fsr-3836	256	43	:	:	PUNCT
fsr-3836	256	44	(	(	PUNCT
fsr-3836	256	45	19	19	NUM
fsr-3836	256	46	)	)	PUNCT
fsr-3836	256	47	references	reference	NOUN
fsr-3836	256	48	baubonis	baubonis	PROPN
fsr-3836	256	49	,	,	PUNCT
fsr-3836	256	50	c.	c.	PROPN
fsr-3836	256	51	,	,	PUNCT
fsr-3836	256	52	gastineau	gastineau	PROPN
fsr-3836	256	53	,	,	PUNCT
fsr-3836	256	54	g.	g.	PROPN
fsr-3836	256	55	,	,	PUNCT
fsr-3836	256	56	&	&	CCONJ
fsr-3836	256	57	purcell	purcell	PROPN
fsr-3836	256	58	,	,	PUNCT
fsr-3836	256	59	d.	d.	PROPN
fsr-3836	256	60	(	(	PUNCT
fsr-3836	256	61	1993	1993	NUM
fsr-3836	256	62	)	)	PUNCT
fsr-3836	256	63	.	.	PUNCT
fsr-3836	257	1	the	the	DET
fsr-3836	257	2	banker	banker	NOUN
fsr-3836	257	3	’s	’s	PART
fsr-3836	257	4	guide	guide	NOUN
fsr-3836	257	5	to	to	ADP
fsr-3836	257	6	equity	equity	NOUN
fsr-3836	257	7	-	-	PUNCT
fsr-3836	257	8	linked	link	VERB
fsr-3836	257	9	certificates	certificate	NOUN
fsr-3836	257	10	of	of	ADP
fsr-3836	257	11	deposit	deposit	NOUN
fsr-3836	257	12	.	.	PUNCT
fsr-3836	258	1	the	the	DET
fsr-3836	258	2	journal	journal	NOUN
fsr-3836	258	3	ofderivatives	ofderivative	NOUN
fsr-3836	258	4	,	,	PUNCT
fsr-3836	258	5	(	(	PUNCT
fsr-3836	258	6	winter	winter	NOUN
fsr-3836	258	7	)	)	PUNCT
fsr-3836	258	8	,	,	PUNCT
fsr-3836	258	9	87	87	NUM
fsr-3836	258	10	-	-	SYM
fsr-3836	258	11	95	95	NUM
fsr-3836	258	12	.	.	PUNCT
fsr-3836	259	1	bell	bell	NOUN
fsr-3836	259	2	,	,	PUNCT
fsr-3836	259	3	a.	a.	NOUN
fsr-3836	259	4	(	(	PUNCT
fsr-3836	259	5	1997	1997	NUM
fsr-3836	259	6	)	)	PUNCT
fsr-3836	259	7	.	.	PUNCT
fsr-3836	260	1	investors	investor	NOUN
fsr-3836	260	2	buy	buy	VERB
fsr-3836	260	3	into	into	ADP
fsr-3836	260	4	market	market	NOUN
fsr-3836	260	5	-	-	PUNCT
fsr-3836	260	6	linked	link	VERB
fsr-3836	260	7	gics	gic	NOUN
fsr-3836	260	8	.	.	PUNCT
fsr-3836	261	1	the	the	DET
fsr-3836	261	2	globe	globe	NOUN
fsr-3836	261	3	and	and	CCONJ
fsr-3836	261	4	mail	mail	NOUN
fsr-3836	261	5	,	,	PUNCT
fsr-3836	261	6	(	(	PUNCT
fsr-3836	261	7	april	april	PROPN
fsr-3836	261	8	)	)	PUNCT
fsr-3836	261	9	,	,	PUNCT
fsr-3836	261	10	c2	c2	PROPN
fsr-3836	261	11	.	.	PUNCT
fsr-3836	261	12	benninga	benninga	PROPN
fsr-3836	261	13	,	,	PUNCT
fsr-3836	261	14	s.	s.	PROPN
fsr-3836	261	15	,	,	PUNCT
fsr-3836	261	16	&	&	CCONJ
fsr-3836	261	17	blume	blume	PROPN
fsr-3836	261	18	,	,	PUNCT
fsr-3836	261	19	m.	m.	NOUN
fsr-3836	261	20	(	(	PUNCT
fsr-3836	261	21	1985	1985	NUM
fsr-3836	261	22	)	)	PUNCT
fsr-3836	261	23	.	.	PUNCT
fsr-3836	262	1	on	on	ADP
fsr-3836	262	2	the	the	DET
fsr-3836	262	3	optimality	optimality	NOUN
fsr-3836	262	4	of	of	ADP
fsr-3836	262	5	portfolio	portfolio	NOUN
fsr-3836	262	6	insurance	insurance	NOUN
fsr-3836	262	7	.	.	PUNCT
fsr-3836	263	1	the	the	DET
fsr-3836	263	2	jourmd	jourmd	PROPN
fsr-3836	263	3	offinance	offinance	NOUN
fsr-3836	263	4	,	,	PUNCT
fsr-3836	263	5	#	#	NOUN
fsr-3836	263	6	o(5	o(5	PROPN
fsr-3836	263	7	)	)	PUNCT
fsr-3836	263	8	,	,	PUNCT
fsr-3836	263	9	1341	1341	NUM
fsr-3836	263	10	-	-	SYM
fsr-3836	263	11	1352	1352	NUM
fsr-3836	263	12	.	.	PUNCT
fsr-3836	264	1	black	black	ADJ
fsr-3836	264	2	,	,	PUNCT
fsr-3836	264	3	f.	f.	PROPN
fsr-3836	264	4	,	,	PUNCT
fsr-3836	264	5	&	&	CCONJ
fsr-3836	264	6	scholes	scholes	PROPN
fsr-3836	264	7	,	,	PUNCT
fsr-3836	264	8	s.	s.	PROPN
fsr-3836	264	9	(	(	PUNCT
fsr-3836	264	10	1973	1973	NUM
fsr-3836	264	11	)	)	PUNCT
fsr-3836	264	12	.	.	PUNCT
fsr-3836	265	1	the	the	DET
fsr-3836	265	2	pricing	pricing	NOUN
fsr-3836	265	3	of	of	ADP
fsr-3836	265	4	options	option	NOUN
fsr-3836	265	5	and	and	CCONJ
fsr-3836	265	6	corporate	corporate	ADJ
fsr-3836	265	7	liabilities	liability	NOUN
fsr-3836	265	8	.	.	PUNCT
fsr-3836	266	1	the	the	DET
fsr-3836	266	2	journal	journal	PROPN
fsr-3836	266	3	of	of	ADP
fsr-3836	266	4	polit	polit	PROPN
fsr-3836	266	5	ical	ical	PROPN
fsr-3836	266	6	economy	economy	NOUN
fsr-3836	266	7	,	,	PUNCT
fsr-3836	266	8	81,637~653	81,637~653	NUM
fsr-3836	266	9	.	.	PUNCT
fsr-3836	267	1	brennan	brennan	PROPN
fsr-3836	267	2	,	,	PUNCT
fsr-3836	267	3	m.	m.	NOUN
fsr-3836	267	4	,	,	PUNCT
fsr-3836	267	5	&	&	CCONJ
fsr-3836	267	6	solanki	solanki	PROPN
fsr-3836	267	7	,	,	PUNCT
fsr-3836	267	8	r.	r.	PROPN
fsr-3836	267	9	(	(	PUNCT
fsr-3836	267	10	1981	1981	NUM
fsr-3836	267	11	)	)	PUNCT
fsr-3836	267	12	.	.	PUNCT
fsr-3836	268	1	optimal	optimal	ADJ
fsr-3836	268	2	portfolio	portfolio	NOUN
fsr-3836	268	3	insurance	insurance	NOUN
fsr-3836	268	4	.	.	PUNCT
fsr-3836	269	1	journal	journal	NOUN
fsr-3836	269	2	of	of	ADP
fsr-3836	269	3	financial	financial	ADJ
fsr-3836	269	4	and	and	CCONJ
fsr-3836	269	5	quantita	quantita	PROPN
fsr-3836	269	6	tive	tive	PROPN
fsr-3836	269	7	analysis	analysis	NOUN
fsr-3836	269	8	,	,	PUNCT
fsr-3836	269	9	16(3	16(3	NOUN
fsr-3836	269	10	)	)	PUNCT
fsr-3836	269	11	,	,	PUNCT
fsr-3836	269	12	279	279	NUM
fsr-3836	269	13	-	-	SYM
fsr-3836	269	14	300	300	NUM
fsr-3836	269	15	.	.	PUNCT
fsr-3836	270	1	284	284	NUM
fsr-3836	270	2	financial	financial	ADJ
fsr-3836	270	3	services	service	NOUN
fsr-3836	270	4	review	review	NOUN
fsr-3836	270	5	6(4	6(4	NUM
fsr-3836	270	6	)	)	PUNCT
fsr-3836	270	7	1997	1997	NUM
fsr-3836	270	8	brooks	brooks	PROPN
fsr-3836	270	9	,	,	PUNCT
fsr-3836	270	10	r.	r.	PROPN
fsr-3836	270	11	(	(	PUNCT
fsr-3836	270	12	1996	1996	NUM
fsr-3836	270	13	)	)	PUNCT
fsr-3836	270	14	.	.	PUNCT
fsr-3836	271	1	computing	compute	VERB
fsr-3836	271	2	yields	yield	NOUN
fsr-3836	271	3	on	on	ADP
fsr-3836	271	4	enhanced	enhanced	ADJ
fsr-3836	271	5	cds	cd	NOUN
fsr-3836	271	6	.	.	PUNCT
fsr-3836	272	1	financial	financial	ADJ
fsr-3836	272	2	services	service	NOUN
fsr-3836	272	3	review	review	NOUN
fsr-3836	272	4	,	,	PUNCT
fsr-3836	272	5	5(l	5(l	NUM
fsr-3836	272	6	)	)	PUNCT
fsr-3836	272	7	,	,	PUNCT
fsr-3836	272	8	3	3	NUM
fsr-3836	272	9	l-42	l-42	NOUN
fsr-3836	272	10	.	.	PUNCT
fsr-3836	273	1	cohn	cohn	PROPN
fsr-3836	273	2	,	,	PUNCT
fsr-3836	273	3	j.	j.	PROPN
fsr-3836	273	4	,	,	PUNCT
fsr-3836	273	5	&	&	CCONJ
fsr-3836	273	6	edelson	edelson	PROPN
fsr-3836	273	7	,	,	PUNCT
fsr-3836	273	8	m.	m.	NOUN
fsr-3836	273	9	(	(	PUNCT
fsr-3836	273	10	1993	1993	NUM
fsr-3836	273	11	)	)	PUNCT
fsr-3836	273	12	.	.	PUNCT
fsr-3836	274	1	banking	banking	NOUN
fsr-3836	274	2	on	on	ADP
fsr-3836	274	3	the	the	DET
fsr-3836	274	4	market	market	NOUN
fsr-3836	274	5	:	:	PUNCT
fsr-3836	274	6	equity	equity	NOUN
fsr-3836	274	7	-	-	PUNCT
fsr-3836	274	8	linked	link	VERB
fsr-3836	274	9	cds	cd	NOUN
fsr-3836	274	10	.	.	PUNCT
fsr-3836	275	1	aaii	aaii	PROPN
fsr-3836	275	2	journal	journal	NOUN
fsr-3836	275	3	,	,	PUNCT
fsr-3836	275	4	(	(	PUNCT
fsr-3836	275	5	march	march	PROPN
fsr-3836	275	6	)	)	PUNCT
fsr-3836	275	7	,	,	PUNCT
fsr-3836	275	8	1	1	NUM
fsr-3836	275	9	l-15	l-15	PROPN
fsr-3836	275	10	.	.	PUNCT
fsr-3836	276	1	croft	croft	PROPN
fsr-3836	276	2	,	,	PUNCT
fsr-3836	276	3	r.	r.	PROPN
fsr-3836	276	4	(	(	PUNCT
fsr-3836	276	5	1997	1997	NUM
fsr-3836	276	6	)	)	PUNCT
fsr-3836	276	7	.	.	PUNCT
fsr-3836	277	1	use	use	VERB
fsr-3836	277	2	options	option	NOUN
fsr-3836	277	3	to	to	PART
fsr-3836	277	4	replicate	replicate	VERB
fsr-3836	277	5	indexed	index	VERB
fsr-3836	277	6	-	-	PUNCT
fsr-3836	277	7	linked	link	VERB
fsr-3836	277	8	gics	gic	NOUN
fsr-3836	277	9	.	.	PUNCT
fsr-3836	278	1	investment	investment	NOUN
fsr-3836	278	2	executive	executive	NOUN
fsr-3836	278	3	,	,	PUNCT
fsr-3836	278	4	(	(	PUNCT
fsr-3836	278	5	may	may	PROPN
fsr-3836	278	6	)	)	PUNCT
fsr-3836	278	7	,	,	PUNCT
fsr-3836	278	8	39	39	NUM
fsr-3836	278	9	.	.	PUNCT
fsr-3836	279	1	merton	merton	PROPN
fsr-3836	279	2	,	,	PUNCT
fsr-3836	279	3	r.c	r.c	PROPN
fsr-3836	279	4	.	.	PROPN
fsr-3836	279	5	(	(	PUNCT
fsr-3836	279	6	1973	1973	NUM
fsr-3836	279	7	)	)	PUNCT
fsr-3836	279	8	.	.	PUNCT
fsr-3836	280	1	theory	theory	NOUN
fsr-3836	280	2	of	of	ADP
fsr-3836	280	3	rational	rational	ADJ
fsr-3836	280	4	option	option	NOUN
fsr-3836	280	5	pricing	pricing	NOUN
fsr-3836	280	6	.	.	PUNCT
fsr-3836	281	1	bell	bell	PROPN
fsr-3836	281	2	journal	journal	PROPN
fsr-3836	281	3	of	of	ADP
fsr-3836	281	4	economics	economic	NOUN
fsr-3836	281	5	and	and	CCONJ
fsr-3836	281	6	management	management	NOUN
fsr-3836	281	7	science	science	NOUN
fsr-3836	281	8	,	,	PUNCT
fsr-3836	281	9	4	4	NUM
fsr-3836	281	10	,	,	PUNCT
fsr-3836	281	11	141	141	NUM
fsr-3836	281	12	-	-	SYM
fsr-3836	281	13	183	183	NUM
fsr-3836	281	14	.	.	PUNCT
fsr-3836	282	1	schooley	schooley	PROPN
fsr-3836	282	2	,	,	PUNCT
fsr-3836	282	3	d.	d.	PROPN
fsr-3836	282	4	,	,	PUNCT
fsr-3836	282	5	&	&	CCONJ
fsr-3836	282	6	worden	worden	PROPN
fsr-3836	282	7	,	,	PUNCT
fsr-3836	282	8	d.	d.	PROPN
fsr-3836	282	9	(	(	PUNCT
fsr-3836	282	10	1996	1996	NUM
fsr-3836	282	11	)	)	PUNCT
fsr-3836	282	12	.	.	PUNCT
fsr-3836	283	1	risk	risk	NOUN
fsr-3836	283	2	aversion	aversion	NOUN
fsr-3836	283	3	measures	measure	NOUN
fsr-3836	283	4	:	:	PUNCT
fsr-3836	283	5	comparing	compare	VERB
fsr-3836	283	6	attitudes	attitude	NOUN
fsr-3836	283	7	and	and	CCONJ
fsr-3836	283	8	asset	asset	NOUN
fsr-3836	283	9	alloca	alloca	NOUN
fsr-3836	283	10	tion	tion	NOUN
fsr-3836	283	11	.	.	PUNCT
fsr-3836	284	1	financial	financial	ADJ
fsr-3836	284	2	services	service	NOUN
fsr-3836	284	3	review	review	NOUN
fsr-3836	284	4	,	,	PUNCT
fsr-3836	284	5	5(2	5(2	NUM
fsr-3836	284	6	)	)	PUNCT
fsr-3836	284	7	,	,	PUNCT
fsr-3836	284	8	87	87	NUM
fsr-3836	284	9	-	-	SYM
fsr-3836	284	10	99	99	NUM
fsr-3836	284	11	.	.	PUNCT