A geological engineer has the job of designing mines to remove minerals (like metals and coal) in a safe and efficient way to use in utilities and manufacturing. These engineers also draw up technical reports for other engineers, managers, and miners.
DISCRETE DIVIDENDS IN EQUITY DERIVATIVES. One of the complications in equity derivative modelling is how to treat dividends. One of the complications in equity derivative modelling is how to treat dividends. On dividend payout, or ex div, dates, the underlying spot drops by the dividend amount, ignoring tax. This introduces discrete deterministic jumps into the geometric Brownian process assumed within the Black-Scholes framework. The underlying stochastic process in the presence of discrete dividend can be expressed as:
Deemed Dividend. 1  Payment of any sum (whether representing a part of the assets of the company or otherwise) by way of advance or loan to a shareholder (and payment to concerns in which such share holder holds substantial interest); 2  Any payment on behalf of a share holder; 3  Any payment for the individual benefit of a shareholder.