SPREADSHEET MODELING IN CORPORATE FINANCE
... =PMT($B$5,$B$6,-$B$4,0) in cell B11 . The $ signs in the formula lock in the row and column when copying. 5. Interest Component in year t = (Interest rate/year) * (Beginning Principal Balance in year t). ... paying interest vs. how much goes to reducing the principal under the two interest rates? Solution Strategy. Construct a data table for the interest component under...
Ngày tải lên: 12/08/2013, 11:11
Ngày tải lên: 08/03/2014, 16:20
... risk and, in doing so, increase the capacity of firms to under- take productive long-term investment. Both Titman and Minton find plausible conditions under which interest rate swaps reduce financing ... Adverse Selection: More Incentives to Borrow Short and Swap into Fixed Flannery (1986) and Diamond (1991) investigate the determinants of debt matu- rity by focusing attention on the...
Ngày tải lên: 22/03/2014, 17:20
ADVANCES IN CORPORATE FINANCE AND ASSET PRICING pot
... lectured in the finance, money and bank- ing programs at TIAS Business School. He published several books and a number of papers on international monetary and financial relations and on international ... research focuses on corporate finance and financial institutions, and has appeared in major academic journals, such as the Journal of Finance, American Economic Re...
Ngày tải lên: 22/03/2014, 23:20
Two essays on the accounting treatment for information technology expenditures
... IT and business value has been enriched by the diversity of ideas and findings from several academic disciplines, including information systems, economics, accounting, strategy, and operations ... association exists between the book and market values in a contemporaneous setting, consistent with information valued by investors for decision making. A positive and significant as...
Ngày tải lên: 01/06/2014, 14:04
Tài liệu Implementing Models in Quantitative Finance: Methods and Cases docx
... Selection: Optimizing an Error”, “Alpha, Beta and Beyond” and “Automatic Trading: Winning or Losing in a kBit”. A5. Applied financial econometrics Cases “Scenario Simulation Using Principal Components”, ... self-contained presentations. People also ask for focused training lectures on practical issues in model implementation. In response, we have invested a considerable amount of t...
Ngày tải lên: 19/02/2014, 13:20
Research " Essays on the Equilibrium Valuation of IPOs and Bonds " pdf
... constraint, in addition to a rich set of other issues involving heterogeneous investors. I simplify his model setting to one with two risky assets and two heterogeneous agents. Generalization ... Mark Rubinstein for singling out to me this important reference. 5 price for the constraint. In contrast to most recent IPO models, I retain the simplicity of symmetric infor- mation in L...
Ngày tải lên: 07/03/2014, 02:20