Charles J Corrado Fundamentals of Investments - Chapter 12 pdf

... rate: 4%/(1 - .40) = 6.67%. Government Bonds 9 CHECK THIS 12. 2d What would Figure 12. 3 look like if the three bonds all had coupon rates of 6 percent or had coupon rates of 10 percent? 12. 2e In Figure 12. 2, ... section in Chapter 16 for details. 12 Chapter 12 The process is similar for T-bond and T-note issues, except that bids are made on a yield basis where competiti...

Ngày tải lên: 04/07/2014, 10:20

... large-cap stocks T-bonds (13.70 - 12. 11) 2 = 2.53 (6.50 - 4.20) 2 = 5.29 (35.78 - 12. 11) 2 = 560.27 (4.52 - 4.20) 2 = .10 (45.15 - 12. 11) 2 = 1,091.64 (0.05 - 4.20) 2 = 17.22 (-8 .86 - 12. 11) 2 ... follows: Michele, Inc. Janicek Co. (12 - 6) 2 = 36 (5 - 11) 2 = 36 (-4 - 6) 2 = 100 (-1 5 - 11) 2 = 676 (0 - 6) 2 = 36...

Ngày tải lên: 04/07/2014, 10:20

... trillion of outstanding debt. 12 12 C h a p t e r Government BondsGovernment Bonds second edition Fundamentals of Investments Valuation & Management Charles J. Corrado Bradford D.Jordan 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 Bi...

Ngày tải lên: 04/07/2014, 10:20

... McGraw-Hill Companies, Inc. All rights reserved. McGraw Hill / Irwin 10 - 29 Properties of Duration © 2002 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw Hill / Irwin 10 - 12 Work ... some of the fundamental tools of bond risk analysis used by fixed-income portfolio managers. Goal © 2002 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw Hill / Ir...

Ngày tải lên: 04/07/2014, 10:20

... follows: Michele, Inc. Janicek Co. (12 - 6) 2 = 36 (5 - 11) 2 = 36 (-4 - 6) 2 = 100 (-1 5 - 11) 2 = 676 (0 - 6) 2 = 36 (10 - 11) 2 = 1 (20 - 6) 2 = 196 (38 - 11) 2 = 729 (2 - 6) 2 = 16 (17 - 11) 2 ... by Stock-Trak. Table 1.1 Annual Returns 192 6-1 961 Year S&P 500 T-Bonds T-Bills CPI 1926 13.70% 6.50% 4.41% -1 .12% 1927 35.7...

Ngày tải lên: 08/05/2014, 09:53

... (www.mhhe.com/cj) for more up-to-date information. Examining the table, you might notice that at least some of these online brokers are actually just branches of large discount brokers. Charles Schwab, ... the Nasdaq-AMEX (www.nasdaq- amex.com) to review the names and ticker symbols of some listed companies. 22 Chapter 2 Example 2.5 The Long and Short of It Suppose you short 2,000...

Ngày tải lên: 04/07/2014, 10:20

... 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...

Ngày tải lên: 04/07/2014, 10:20

... front-end or back-end loads and no or minimal 12b-1 fees are often called “pure” no-load funds to distinguish them from the “not-so-pure” funds that may have no loads but still charge hefty 12b-1 ... load fund and a no-load fund? 4.3b What are 12b-1 fees? 4.4 Short-Term Funds Mutual funds are usually divided into two major groups, short-term funds and long-term funds. Short-term funds are .....

Ngày tải lên: 04/07/2014, 10:20

... changes in low- and high-priced stocks c. the DJIA is affected equally by percentage changes in low- and high-priced stocks d. the DJIA divisor must be adjusted for stock splits 12. Stock Indexes ... indexes. The Dow Jones Industrial Average The most widely followed barometer of day-to-day stock market activity is the Dow Jones Industrial Average (DJIA), often called the “Dow” for short. T...

Ngày tải lên: 04/07/2014, 10:20

... security with a beta of .75 is a. 6 percent b. 8 percent c. 11 percent d. 13 percent 16 Chapter 6 V(0)  $0.47(1. 012) .16 . 012 1  1. 012 1.16 5  1. 012 1.16 5 $0.47(1 .12) .16  .12  $1.59  $6.65  ... price-cash flow ratio retention ratio cash flow beta price-sales ratio two-stage dividend growth model 42 Chapter 6 V(0)  $3(1.20) .15 .20 1  1.20 1.15 3  1.20 1.15 3 $3(...

Ngày tải lên: 04/07/2014, 10:20