1 Table of Contents: “... to Stochastic Programming and Its Applications to€Finance; WHAT IS STOCHASTIC PROGRAMMING?; STOCHASTIC...”

2 Table of Contents: “...STOCHASTIC PROCESSESPROBABILISTIC REPRESENTATION OF FINANCIAL MARKETS; INFORMATION STRUCTURES...”

3 Table of Contents: “... MODELS; STOCHASTIC DISCOUNT FACTORS; KEY POINTS; REFERENCES; Capital Asset Pricing Models; INTRODUCTION...”

4 Table of Contents: “... DISCOUNT MODEL; CONSTANT GROWTH DIVIDEND DISCOUNT MODEL; MULTIPHASE DIVIDEND DISCOUNT MODELS; STOCHASTIC...”