THE RELATION BETWEEN TREASURY YIELDS AND CORPORATE BOND YIELD SPREADS pot

... DUFFEE* ABSTRACT Because the option to call a corporate bond should rise in value when bond yields fall, the relation between noncallable Treasury yields and spreads of corporate bond yields over Treasury yields ... by their month t prices Table III The Relation between Yield Spreads on Lehman Brothers Bond Indexes and Treasury Yields Corpo...

Ngày tải lên: 06/03/2014, 04:20

Ngày tải lên: 13/02/2014, 12:20

... cross-correlation. The correlation between predicted and actual cross-correlations between accruals and next-period cash flows is negative and insignificant. The third column of table 6 reports the ... the simple model's average predicted serial- and cross-correlations in changes in operating cash flows, earnings, and accruals with the average actual correla...

Ngày tải lên: 18/02/2014, 01:20

... default and interest rate risk, and test its empirical implications. Using the changes in the 30-year Treasury bond yield and the changes in the bond yield using Moody’s corporate bond database ... (defined as the difference between 10-year and 2-year Treasury bond yields) , the convexity, the change in leverage, the change in asset volatility, t...

Ngày tải lên: 26/10/2012, 11:21

... the foregoing H-bonds that occur in combination with it. Other than the NH···S H -bond oc- curring in the global minimum, the CH···O H -bond is the only other that occurs on its own in any of the ... transferred from the N lone pair into the s* anti- bonding orbital of the SH bond. This transfer is facili- tated by the overlap of the N lone pair with the lobe of th...

Ngày tải lên: 16/12/2012, 15:21

... market segments. On the one hand, correlation analysis demonstrated positive corre- lation among young/undeveloped tastes such as “cooked,” “whey,” “buttery” and “creamy.” On the other hand, these terms ... three-digit random numbers and served under identical conditions to the trained descriptive testing. Consumers ranked the three cheeses in their order of preference, and then...

Ngày tải lên: 03/04/2013, 21:06

... IMPLICATIONS, AND RECOMMENDATIONS 100 vii Test of Hypothesis Two Hypothesis 2 states that there is no relationship between CEO compensation (salary plus bonus) and return on equity (ROE) in the low ... Compensation Correlation Coefficient .007 Sig. (2-tailed) .980 N 15 Test of Hypothesis Three Hypothesis 3 states that there is no relationship between CEO compensation (salary plus...

Ngày tải lên: 11/09/2013, 11:44

... companies from the rest of the pack. They are in a position to view their marketing mix in the form of 4+1P and 1R, and thereby customize their offerings to the rural market. Further, to ensure ... handpumps and ponds. For the first in the history of advertising - these were branded. Special stickers were put on the handpumps, the walls of the wells were lined with a...

Ngày tải lên: 08/03/2014, 02:21

... for binding GST-IjBa in the presence and absence of ATP, and the value of a indicates whether the binding of one substrate (ATP) affects the affinity of the enzyme for the other substrate (GST-IjB ... prepared for cell assay and was added following the same procedure des- cribed for the time course cell assay. The cells were washed with NaCl ⁄ P i and fixed after 400 m...

Ngày tải lên: 16/03/2014, 11:20

... not quite sure whether he was about to offer me a Christmas gift or another Dardanians’ present. 1 After all, the relationship between the protection of intellectual property and the maintenance ... foot in these ever shifting waters, muddy as they are? The reasons, of course, 4 are the very same that have brought the subject from the field of interest of certain specialists...

Ngày tải lên: 16/03/2014, 12:20