wilmott, paul - quantative finance - ch(1 - 3)

Ngày tải lên: 08/05/2014, 10:14

... Fixed-income Products and Analysis: Yield, Duration and Convexity 319 14.1 Introduction 320 14.2 Simple fixed-income contracts and features 320 14.2.1 The zero-coupon bond 320 14.2.2 The coupon-bearing ... 274 12.4 Options on many underlyings 277 12.5 The pricing formula for European non-path-dependent options on dividend-paying assets 278 12.6 Exchanging one asset for another: a similarity so...

Ngày tải lên: 24/03/2014, 04:20

... financing Market financing Short-term Long-term Short-term Long-term Asset-backed Factoring Collateralised Securitisation Securitisation (invoice bank loan (asset-backed (asset-backed discounting) Sale/leaseback ... Fiat C Vulnerable Lucent D Insolvent Short-term rating is not independent of long-term rating, as seen in the diagram below: CORRELATION Long-term rating Short-term rating Source:...

Ngày tải lên: 24/12/2013, 02:17

... company A’s needs are equity-financed – at a cost of 9% – and 40% debt- financed at 5%. Excluding tax, what is the weighted average cost of capital of this company? 2/In a tax-free world, two companies ... not too much leverage. REAL WORLD APPROACH TO OPTIMAL CAPITAL STRUCTURE In this example, the debt-to-equity ratio that minimises k is 0.4. The optimal capital structure is thus achieved wit...

Ngày tải lên: 24/12/2013, 02:17

... accounts. The Best-of-Both-Worlds Approach If the strategic intent is to add value through capitalizing on merger- driven cost synergies, the best-of-both-worlds model could be appropri- ate. It aims ... strategy Full Integration “Absorption” “Best-of-both-worlds” Keeping system separated “Preservation” Developing a new, state-of-the-art IT system Figure 5-6 . Schematic of Principal Drivers...

Ngày tải lên: 26/01/2014, 11:20

... C 6 H 5 NH 2 . D. CH 3 NH 2 . Câu 19 : ( TN- PB- 2007)Cho các phản ứng: H 2 N-CH 2 COOH + HCl → H 3 N + -CH 2 COOHCl - H 2 N-CH 2 COOH + NaOH → H 2 N-CH 2 COONa + H 2 O. Hai phản ứng trên chứng ... axetanđehit. Công thức cấu tạo thu gọn của este đó là: A. HCOO-C(CH 3 )=CH 2 . B. HCOO-CH=CH-CH 3 . C. CH 3 COO-CH=CH 2 . D.CH 2 =CH-COO-CH 3 . Câu 16: Một este có công thức phân tử là C 4...

Ngày tải lên: 26/09/2013, 22:10

... account of debt finance which can be raised in parallel with the equity to finance the plan. By raising debt finance you can reduce the equity exchanged for the investment pro- vided by the venture ... tremendous swing towards managing money for other people, as opposed to own-balance sheet finance. The differ- ence between own-balance sheet funds and managed funds is that managed fund...

Ngày tải lên: 14/12/2013, 15:15

... Australia Tel.: 6 1-2 -9 35 1-6 451 Fax: 6 1-2 -9 35 1-6 461 Email: a.frino@econ.usyd.edu.au Elvis Jarnecic School of Business University of Sydney Sydney, NSW 2006, Australia Tel.: 6 1-2 -9 35 1-8 708 Fax: 6 1-2 -9 35 1-6 461 Email: ... (404 )-7 2 7-5 238 Email: Tarun_Chordia@bus.emory.edu Lakshmanan Shivakumar London Business School Sussex Place, Regent’s Park London...

Ngày tải lên: 19/02/2014, 13:20

Ngày tải lên: 03/08/2012, 21:04

Ngày tải lên: 03/08/2012, 21:46