Slides Fundamentals of Investments - Chapter 12 doc

... Irwin Slides by Yee-Tien (Ted) Fu © 2002 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw Hill / Irwin 12 - 39 Municipal Bond Credit Ratings Treasury Bond and Note Prices 12 - 13 McGraw ... for T-bills, notes, and bonds. © 2002 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw Hill / Irwin 12 - 6 U.S. T-Bills, Notes, Bonds, and STRIPS Treasury...

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... Investors Protection Corporation Î Broker-Customer Relations © 2002 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw Hill / Irwin 2 - 11 Broker-Customer Relations  There are several ... sell in anticipation of the future direction of the market? Be Pas si ve ! Be Ac ti v e ! © 2002 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw Hill / Irwin 2 - 16...

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... at: http://www.cnbc.com © 2002 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw Hill / Irwin 3 - 4 Interest-Bearing Assets Fixed-income securities Longer-term debt obligations, often of corporations or ... Types second edition Fundamentals of Investments Valuation & Management Charles J. Corrado Bradford D.Jordan McGraw Hill / Irwin Slides by Yee-Tien (Ted)...

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... edition Fundamentals of Investments Valuation & Management Charles J. Corrado Bradford D.Jordan McGraw Hill / Irwin Slides by Yee-Tien (Ted) Fu Mutual Fund Objectives: Recent Developments 4 - ... account is a bank deposit and offers FDIC protection. © 2002 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw Hill / Irwin 4 - 39 Chapter Review  Long-Term Fu...

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... Bonds second edition Fundamentals of Investments Valuation & Management Charles J. Corrado Bradford D.Jordan McGraw Hill / Irwin Slides by Yee-Tien (Ted) Fu Types of Corporate Bonds 11 - 10 McGraw ... (normally set at par value) on any of a sequence of prespecified dates. Such bonds are often called extendible bonds. Î Bond-to-stock conversion provisions - Conv...

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... reserved. McGraw Hill / Irwin 13 - 41 Chapter Review  A Brief History of Mortgage-Backed Securities  Fixed-Rate Mortgages Î Fixed-Rate Mortgage Amortization Î Fixed-Rate Mortgage Prepayment and Refinancing  ... McGraw-Hill Companies, Inc. All rights reserved. McGraw Hill / Irwin 13 - 4 A Brief History of Mortgage-Backed Securities  Financed by mortgage-backed bonds (also c...

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... Portfolio Risk Î More on Correlation and the Risk-Return Trade- Off © 2002 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw Hill / Irwin 17 - 29 Chapter Review  The Markowitz Efficient ... Hill / Irwin Slides by Yee-Tien (Ted) Fu © 2002 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw Hill / Irwin 17 - 15 Why Diversification Works © 2002 by The McGra...

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... offers a reward-to-risk ratio of 7.50%. In other words, asset A has a risk premium of 7.50% per “unit” of systematic risk. ( ) %50.7 6.1 %8%20 β = − = − = A fA RRE © 2002 by The McGraw-Hill Companies, ... Irwin 18 - 16 The Reward-to-Risk Ratio  Notice that all the combinations of portfolio expected returns and betas fall on a straight line.  Slope  What this tells us is th...

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... close your position in a month, the futures price is 12 5-2 0/32, you have a loss of 13 0-0 4/32 - 12 5-2 0/32 = 4-1 6/32 per $100 par value, or 4-1 6/32 × 1,000 = $4,500 per contract. Your total loss ... a price of 13 1-1 5/32 per $100 par value. The price has risen to 13 6-1 5/32, so you make a profit of $5 per $100 of par value, or $5,000 per $100,000 face va...

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... 34.67 36 Chapter 8 CHECK THIS 8.3a What are the day -of- the-week and January effects? 8.3b Why is the performance of professional money managers puzzling? 8.4 Summary and Conclusions In this chapter, ... technical indicator. 8. For initial investments of equal value, will need to purchase 1.6 shares of Pepsi for every share of Coke. Suppose you buy 5 shares of Coke and 8 share...

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