Basic Yields of Corporate Bonds, 1900-1942 pot
... rather 13 This PDF is a selection from an out -of- print volume from the National Bureau of Economic Research Volume Title: Basic Yields of Corporate Bonds, 1900-1942 Volume Author/Editor: David Durand Volume ... 'thirties, the basic yields for the non-existent maturities of 40 years or more were extrapolated from the yields of 30-year bonds; and in i 926, as in s...
Ngày tải lên: 22/03/2014, 20:20
... a separate spot curve for these subclasses of ratings. However, for much of the sample, the paucity of bonds in many of the subclasses makes it difficult to estimate meaningful spot rates for ... importance is a function of maturity. 1 The valuation of corporate debt is an important issue in asset pricing. While there has been an enormous amount of theoretical modeling of c...
Ngày tải lên: 06/03/2014, 08:20
... clause (b) of sub-section (1) of section 642 read with sub-section (4) of section 233B, and sub-section (1) of section 227 of the Companies Act, 1956 (1 of 1956), and in supersession of the Cost ... of the registered office or of the principal place of business in India of the company (c) *E-mail address of the company 3 (a) *Financial year From To (b) *Date of B...
Ngày tải lên: 15/03/2014, 20:20
Liquidity of Corporate Bonds Jack Bao, Jun Pan and Jiang Wang¤ pdf
... liquidity of corporate bonds. Using transaction-level data for a broad cross-section of corporate bonds from 2003 through 2007, we construct a measure of illiquidity by estimating the magnitude of price ... trading volume as a percentage of its issuance. Trd Size is the average trade size of the bond in thousands of dollars of face value. #Trades is the bond’s total number...
Ngày tải lên: 22/03/2014, 20:20
Report of High Level Expert Committee on Corporate Bonds and Securitization potx
... one major class of investors in the corporate debt as nearly one-half of the asset portfolios of the mutual funds is in the form of various class of debt securities including corporate bonds. ... Distribution of corporate bond investors 31. Historically, three-year corporate bonds have dominated the Korean corporate bond market. Throughout the 1990s, more than 90 percent...
Ngày tải lên: 22/03/2014, 20:20
THE RELATION BETWEEN TREASURY YIELDS AND CORPORATE BOND YIELD SPREADS pot
... value when bond yields fall, the relation between noncallable Treasury yields and spreads of corporate bond yields over Treasury yields should depend on the callability of the corporate bond. ... end of the Treasury curve instead of the short end. The call option value of a corporate bond depends on the Treasury yield of an equivalent-maturity Treasury bond. Thus, ev...
Ngày tải lên: 06/03/2014, 04:20
Why Government Bonds are sold by Auction and Corporate Bonds by Posted-Price Selling pot
... the nature of corporate bonds than of government bonds. We now consider t he effect of the quality of information. 21 The analysis abo ve sho w s that an improvement in the quality of information ... spread on new issues of corporate bonds, Journal of F inance 29, 1531-1543. French, K.R. and R.E. McCormick, 1984, Sealed bids, sunk costs, and the process of competi- tion,...
Ngày tải lên: 06/03/2014, 04:21
BASIC CONCEPTS OF CRIMINAL LAW pot
... significance of all of them. They illustrate the underlying thesis of this book that a basic set of distinctions generates the "deep structure" of all systems of criminal law. ... Causation, 70 5. The Crime versus the Offender, 74 The Basics of Wrongdoing, 77 The Basics of Attribution, 81 The Operative Significance of the Distinction,...
Ngày tải lên: 07/03/2014, 03:20
BASIC CONCEPTS OF PATIENT EDUCATION potx
... Section I BASIC CONCEPTS OF PATIENT EDUCATION Section I of this book, Basic Concepts of Patient Education,” describes the importance of teaching and learning in health ... the patient’s understanding of the significance of the risk and the impor- tance of change. In this context, the primary role of the health care provider is that of patient educator and supporter, ... 1...
Ngày tải lên: 14/03/2014, 21:20
Pricing of Convertible Bonds with Hard Call Features potx
... to the estimate of the volatility of the underlying stock, and much less so to the estimate of divi- dend payout and the choice of the specific term structure of interest rates. Of course, this ... 110% and 120% of the baseline estimates. Higher dividend payments reduce the value of the convertible bond. The reductions of the values of the convertible bonds due to an increa...
Ngày tải lên: 15/03/2014, 03:20