• Title/Summary/Keyword: exchange rate constant

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LOCAL VOLATILITIES FOR QUANTO OPTION PRICES WITH VARIOUS TYPES OF PAYOFFS

  • Lee, Youngrok
    • Communications of the Korean Mathematical Society
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    • v.32 no.2
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    • pp.467-477
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    • 2017
  • This paper is about the derivations of local volatilities for European quanto call option prices according to various types of payoffs. We derive the explicit formulas of local volatilities with constant foreign and domestic interest rates by adapting the method of Derman-Kani.

Kinetics of the Bromine-Exchange Reaction of Gallium Bromide with n-Propyl Bromide in 1,2,4-Trichlorobenzene and in Nitrobenzene

  • Kwun, Oh-Cheun;Kim, Young-Cheul;Choi ,Sang-Up
    • Bulletin of the Korean Chemical Society
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    • v.2 no.3
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    • pp.86-89
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    • 1981
  • The rate of the bromine-exchange reaction between gallium bromide and n-propyl bromide in 1,2,4-trichlorobenzene and in nitrobenzene was measured at 19, 25 and $40^{\circ}C$, using n-propyl bromide labelled with Br-82. The results indicated that the exchange reaction was second order with respect to gallium bromide and first order with respect to n-propyl bromide. The third-order rate constant determined at $19^{\circ}C$ is $2.9{\times} 10^{-2}l^2{\cdot}mole^{-2}{\cdot}sec^{-1}$ in 1,2,4-trichlorobenzene and $4.5{\times}10^{-3}l^2{\cdot}mole^{-2}{\cdot}sec^{-1}$. in nitrobenzene. The activation energy, the enthalpy of activation and the entropy of activation for the exchange reaction were also determined. Reaction mechanism for the bromine exchange of n-propyl bromide seemed to be similar to those observed in earlier studies with other alkyl bromides.

Reduction of Nitrate using Nanoscale Zero-Valent Iron Supported on the Ion-Exchange Resin (이온교환 능력을 가진 지지체에 부착된 나노 영가철을 이용한 질산성 질소의 환원과 부산물 제거)

  • Park, Heesu;Park, Yong-Min;Jo, Yun-Seong;Oh, Soo-Kyeong;Kang, Sang-Yoon;Yoo, Kyoung-Min;Lee, Seong-Jae;Choi, Yong-Su;Lee, Sang-Hyup
    • Journal of Korean Society of Water and Wastewater
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    • v.21 no.6
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    • pp.679-687
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    • 2007
  • Nanoscale zero valent ion (nZVI) technology is emerging as an innovative method to treat contaminated groundwater. The activity of nZVI is very high due to their high specific surface area, and supporting this material can help to preserve its chemical nature by inhibiting oxidation. In this study, nZVI particles were attached to granular ion-exchange resin through borohydride reduction of ferrous ions, and chemical reduction of nitrate by this material was investigated as a potential technology to remove nitrate from groundwater. The pore structure and physical characteristics were measured and the change by the adsorption of nZVI was discussed. Batch tests were conducted to characterize the activity of the supported nZVI and the results indicated that the degradation of nitrate appeared to be a pseudo first-order reaction with the observed reaction rate constant of $0.425h^{-1}$ without pH control. The reduction process continued but at a much lower rate with a rate constant of $0.044h^{-1}$, which is likely limited by mass transfer. To assess the effects of other ions commonly found in groundwater, the same experiments were conducted in simulated groundwater with the same level of nitrate. In simulated groundwater, the rate constant was $0.078h^{-1}$ and it also reduced to $0.0021h^{-1}$ in later phase. The major limitation in application of ZVI for nitrate reduction is ammonium production. By using a support material with ion exchange capacity, the problem of ammonium release can be solved. The ammonium was not detected in the batch test, even when other competitive ions such as calcium and potassium existed.

Kinetics of the Bromine-Exchange Reaction of Gallium Bromide with i-Butyl Bromide in 1,2,4,-Trichlorobenzene and in Nitrobenzene

  • Kwun, Oh-Cheun;Kim, Young-Cheul;Choi, Sang-Up
    • Bulletin of the Korean Chemical Society
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    • v.2 no.4
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    • pp.138-141
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    • 1981
  • The rate of the bromine-exchange reaction between gallium bromide and i-butyl bromide in 1,2,4-trichlorobenzene or nitrobenzene was measured at 19, 25 and $40^{\circ}C$, using i-butyl bromide labelled with Br-82. The results indicated that the exchange reaction was second order with respect to gallium bromide and first order with respect to i-butyl bromide. The third-order rate constant determined at $19{\circ}C$ was $3.28{\times}10^{-2}l^2{\cdot}mole^{-2}{\cdot}sec^{-1}$ in 1,2,4-trichlorobenzene and $9.25{\times}10^{-3}l^2{\cdot}mole^{-2}{\cdot}sec^{-1}$ in nitrobenzene. The activation energy, the enthalpy of activation and the entropy of activation for the exchange reaction were also determined.

A Comparative Analysis of Pseudophase Ion-Exchange (PIE) Model and Berezin Pseudophase (BPP) Model: Analysis of Kinetic Data for Ionic Micellar-mediated Semi-ionic Bimolecular Reaction

  • Cheong, May-Ye;Ariffin, Azhar;Khan, M.Niyaz
    • Bulletin of the Korean Chemical Society
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    • v.28 no.7
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    • pp.1135-1140
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    • 2007
  • Pseudo-first-order rate constants (kobs) for the reaction of N-benzylphthalimide (NBPT) with HO- have been determined at 2.0 × 10?4 M NBPT, 1.0 × 10?3 and 2.0 × 10?3 M NaOH as well as varying concentrations of cetyltrimethylammonium bromide ([CTABr]T = 0.0-1.7 × 10?1 M). The effects of [CTABr]T ? CMC (with CMC representing the critical micelle concentration of CTABr) on kobs have been analyzed in terms of Berezin's pseudophase (BPP) model and pseudophase ion-exchange (PIE) model. Although both models give the best observed data fit with least-squares values not significantly different from each other, the calculated values of KS from BPP model appear to be more reliable compared to those from PIE model because the values of KS from BPP model are similar to the corresponding KS values determined spectrophotometrically.

Estimation of Heat Exchange Rate of Standing Column Well for Sustainable Groundwater Curtain for Greenhouse Heating (순환식 지하수 수막시스템 그린하우스 난방을 위한 스탠딩컬럼웰 열교환율 산정)

  • Byoung Ohan Shim;Seung Gyun Baek;Seonghoon Jeong
    • Journal of the Korean Society for Geothermal and Hydrothermal Energy
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    • v.20 no.2
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    • pp.11-23
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    • 2024
  • In order to design a standing column well (SCW) for a sustainable groundwater curtain system for greenhouse heating, we conducted parameter sensitivity tests. These tests simulated the outlet temperature changes of the SCW in a groundwater recirculating greenhouse cultivation system. Our modeling considered ground thermal conductivity and hydrogeological conditions. Specifically, we examined several factors, including SCW length, enhanced thermal conductivity of the ground, and groundwater circulation rate. The simulation results indicated that there was not a significant difference in the heat exchange rate based on the characteristics of enhanced thermal conductivity. However, we anticipate a substantial difference in the case of varying SCW lengths. Therefore, we conclude that the simulation results are primarily influenced by conductive heat exchange values, as the circulating water remains at a constant groundwater level.

The Limiting Current Density and the Regeneration of a Heterogeneous Ion Exchange Membrane in a Nickel Plating Rinse Waters Treatment Process by Electrodialysis (전기투석에 의한 니켈도금 폐수처리 공정에서 한계전류밀도와 불균질 이온교환막의 재생)

  • 윤용수
    • Journal of environmental and Sanitary engineering
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    • v.16 no.2
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    • pp.38-46
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    • 2001
  • In this work, the heterogeneous ion exchange membrane was used in a electrodialysis apparatus to treat a Ni planting rinse water because the heterogeneous ion exchange membrane was excellent efficiency as compared with low manufacturing cost, was easy to make, and had a good mechanical properties. For a regeneration of membrane and to obtain the optimal condition for a scale-up of apparatus after treating Ni plating rinse water, we would find about the limiting current density and the concentration polarization. When the Ni plating rinse water 150mg/L was treated with the electrodialysis apparatus using the heterogeneous ion exchange membrane, the limiting current density was about $1.49{\;}mA/\textrm{cm}^2$. And the limiting current density increased with the flow rate and concentration of Ni plating rinse water. We recognized that the used membrane could be reused by periodic backwashing because efficiency was constant when the membrane was backwashed after treating wastewater.

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Basic Study for Development of Denitrogenation Process by Ion Exchange(III) - A kinetic study in the batch reactor - (이온교환법에 의한 탈질소 공정개발의 기초연구(III) - 회분식 반응기에서의 반응속도론-)

  • 채용곤;이동환;김승일;윤태경;홍성수;이민규
    • Journal of Environmental Science International
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    • v.9 no.2
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    • pp.165-171
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    • 2000
  • A kinetic study for anion exchange was performed for commercially available Cl- type anion exchange resin in use to remove nitrate in water. The obtained results from the batch reactor were applied to the Langmuir and Freundlich models. The constants for Lagmuir model were qmax =29.82 and b=0.202, and for Freundlich model were K=5.509 and n=1.772. Langmuir model showed betterfit than Frendlich model for the experimental results. Ion exchange reaction rate was also calculated and the the approximate first-order reaction, rate constant k1 was 0.16 L/mg.hr. Effective diffusion coefficient was obtained in the range from $9.67$\times$10^{-8} cm^2/sec$ for initial concentration change, and from $6.09$\times$10^{-7} to 3.98$\times$10^{-6} cm^2/sec$ for reaction temperature change. Activation energy during the diffusion was calculated as 26 kcal/mol.

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NON DESTRUCTIVE APPLICATION OF RADIOACTIVE TRACER TECHNIQUE FOR CHARACTERIZATION OF INDUSTRIAL GRADE ANION EXCHANGE RESINS INDION GS-300 AND INDION-860

  • Singare, P.U.
    • Nuclear Engineering and Technology
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    • v.46 no.1
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    • pp.93-100
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    • 2014
  • The paper deals with the application of radio isotopic non-destructive technique in the characterization of two industrial grade anion exchange resins Indion GS-300 and Indion-860. For the characterization of the two resins, $^{131}I$ and $^{82}Br$ were used as tracer isotopes to trace the kinetics of iodide and bromide ion-isotopic exchange reactions. It was observed that the values of specific reaction rate ($min^{-1}$), amount of iodide ion exchanged (mmol), initial rate of iodide ion exchange (mmol/min) and log $K_d$ were calculated as 0.328, 0.577, 0.189 and 19.7 respectively for Indion GS-300 resin, which was higher than the respective values of 0.180, 0.386, 0.070 and 17.0 calculated for Indion-860 resins when measured under identical experimental conditions. Also at a constant temperature of $40.0^{\circ}C$, as the concentration of labeled iodide ion solution increases 0.001 M to 0.004 M, the percentage of iodide ions exchanged increases from 75.16 % to 78.36 % for Indion GS-300 resins, which was higher than the increases from 49.65 % to 52.36 % compared to that obtained for Indion-860 resins. The overall results indicate that under identical experimental conditions, Indion GS-300 resins show superior performance over Indion-860 resins.

Does the Gap between Domestic and International Gold Price Affect Money Demand?: Evidence from Vietnam

  • TUNG, Le Thanh
    • The Journal of Asian Finance, Economics and Business
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    • v.6 no.3
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    • pp.163-172
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    • 2019
  • The paper aims to investigate the impact of the gap between domestic and international gold price on money demand in Vietnam, an emerging economy in the Asian region. We use a quarterly database collected from the first quarter of 2004 to the fourth quarter of 2016. The time-series database includes 52 observations. The money demand is represented by M2; Domestic income is the Gross domestic product at the constant prices of 1994; Inflation rate is calculated by the Customer Price Index from the General Statistics Office of Vietnam. The result confirms the existence of a long-term cointegration relationship between the money demand and the gap between domestic and international gold price as well as some variables including domestic income, inflation, and real exchange rate. The regression results also show that the gap between domestic and international gold price has a positive impact on money demand in the Vietnamese economy. Besides, the domestic income and international gold price have positive impacts on money demand while the inflation and real exchange rate are negatively related in the long run. This proves that the gap between the domestic and international gold price really has a positive impact on money demand in Vietnam during the study period.