chuong 3 quiz Thị trường tài chính và các định chế tài chính Madura

... rate was 1 .3 percent. By how much does the principal of the bond increase? What is the coupon payment after six months? 65.50$$1,0 135 %Payment Coupon 0 13, 1$1.0 13$ 1,000Principal =×= =×= 13 Treasury ... rate  Depends on economic conditions  Less than 1 percent in the late 1990s  Exceeded 3 percent in 2002 23 Corporate Bonds (cont’d)  Corporate bond yields and risk (cont’d) ...

Ngày tải lên: 17/10/2013, 11:15

... bond is $1,2 73. 24. If the yield to maturity increases to 9 percent, the new price of the bond is $1,080.61. What is this bond’s bond price elasticity? 53. 0 %7 %7%9 24.2 73, 1$ 24.2 73, 1$61.080,1$ ... bond? 1,102.80$$75.40$1,027.40bond of 40.75$)0754(.000,1$ )(000,1$principal of 40.027,1$)274.10(100$ )(payments coupon of 30 %,9 30 %,9 =+= == = == = == == PV PVIFPV PVIFACPV nk nk...

Ngày tải lên: 19/10/2013, 17:15

... 1 Chapter 10 Stock Offerings and Investor Monitoring Financial Markets and Institutions, 7e, Jeff Madura Copyright ©2006 by South-Western, a division of Thomson Learning. All rights reserved. 10 Initial ... IPO plans  Initial returns of IPOs  First-day return averaged about 20 percent over the last 30 years  In 1998, the mean one-day return for Internet stocks was 84 percent  Most...

Ngày tải lên: 23/10/2013, 15:15

... 1 Chapter 12 Market Microstructure and Strategies Financial Markets and Institutions, 7e, Jeff Madura Copyright ©2006 by South-Western, a division of Thomson Learning. All rights reserved. 10 Computing ... margin. Stock Rises to $55: Stock Falls to $47: %11 50$ 50$.50$55$ = +− =R %5 50$ 50$.50$47$ −= +− =R 13 Stock Market Transactions (cont’d)  Margin trading (cont’d)  Margin calls ...

Ngày tải lên: 27/10/2013, 22:15

... of 13% on their investment. Based on this information, what is a fair value of the stock according to the adjusted dividend discount model? 29.54$ ) 13. 1( 82.78$ ) 13. 1( 2$ ) 13. 1( 2$ ) 13. 1( 2$ ) 13. 1( 2$ 4 432 1 = ++++=PV ... the prevailing EPS 13 Using the Adjusted Dividend Discount Model Parker Corp. currently has earnings of $10 per share. Investors expect that the EPS will...

Ngày tải lên: 27/10/2013, 22:15

... Year   1 2 3 4 LIBOR 7.0% 7.5% 8.5% 9.5% Floating rate received         Fixed rate paid         Swap differential         Net dollar amount received         Scenario 2 Year   1 2 3 4 LIBOR 6.5% ...   Fixed rate paid         Swap differential         Net dollar amount received         13 Scenario 1 Year   1 2 3 4 LIBOR 7.0% 7.5% 8.5% 9.5% Floating rate received 8.0% 8.5% 9.5% 10.5% Fi...

Ngày tải lên: 06/11/2013, 08:15

... Exp. Vol. Call Vol. Put McDonald’s 45 Jun 180 4 1/2 60 2 3/ 4 45 Oct 70 5 3/ 4 120 3 3/4 50 Jun 36 0 1 1/8 40 5 1/8 50 Oct 90 3 1/2 40 6 1/2 13 Speculating with Stock Options  Speculating with call ... with an exercise price of $ 53 and a premium of $2. If the stock price of XYZ stock is $47 when the option expires, what is Mary’s net gain? share per 4$2$47$ 53$ =−− 2 Chapte...

Ngày tải lên: 06/11/2013, 08:15

... fluctuation One thirty-second (1 /32 ) of a point, or $31 .25 per contract One thirty-second (1 /32 ) of a point, or $31 .25 per contract Daily trading limits Three points ( $3, 000) per contract above ... time, the futures contract specifies 93 14 of the par value as the price. What is the nominal profit from this futures transaction? 50.062 ,3$ 00 .37 5,90$50. 437 , 93$ Profit =−= 22...

Ngày tải lên: 06/11/2013, 08:15