LaPlace Transforms as Present Value Rules: A Note
指出金融中的现值方程等价于数学中的拉普拉斯变换，基于此将已知现值解析解从少数扩展到一百多个，并探讨了拉普拉斯变换对金融的新意义。
ABSTRACT The present value equation in finance is shown to be equivalent to the Laplace transformation in mathematics. Based on this observation, the list of known analytic solutions for the present value problem is increased from a handful to more than one hundred. General properties of the Laplace transform are examined as well in light of the newly discovered significance for finance.