Encyclopedic Dictionary of International Finance and Banking Phần 2 pot

... follows: VPNd 1 ()[]PV E()Nd 2 ()[]–= Ee - rt ⁄ 3 12 34⁄ PPV⁄ ⁄ t σ t 2 + t BILL OF SALE SL2910_frame_CB.fm Page 42 Wednesday, May 16, 20 01 4:41 PM 55 EXAMPLE 32 Suppose the current spot rate of the pound sterling ... price) of a firm. The firm’s cost of capital is calculated as a weighted average of the costs of debt and equity funds. CONTINUITY OF CONTRACTS SL2910_...

Ngày tải lên: 05/08/2014, 13:20

... 2. 39 1.69 1.70 0.00 2. 82 2. 82 1.70 1.70 0.00 3.30 3.30 1.71 1.70 1.00 2. 82 3. 82 1. 72 1.70 2. 00 2. 39 4.39 1.73 1.70 3.00 2. 01 5.01 1.74 1.70 4.00 1.67 5.67 1.75 1.70 5.00 1.37 6.37 EXHIBIT 28 Intrinsic ... 44% 32 20 8 −4 10 32 21 10 −1 − 12 020 100−10 20 −10 8 −1 −10 −19 28 20 −4 − 12 20 28 −36 CURRENCY RISK MANAGEMENT SL2910_frame_CC.fm Page 74 Wednesday, May 16,...

Ngày tải lên: 05/08/2014, 13:20

... of view (Ko-tel) $14,378.57 10, 827 .01 7,958.71 5, 621 .75 3,7 02. 09 Parent pt of view (Am-tel) $9,456.37 6,468.67 4,043.44 2, 056.77 415.48 20 22 24 28 32 36 40 $2, 113.17 1, 421 .37 788.65 ( 322 .83) ... (1 ,26 1.35) (2, 058.46) (2, 739 .20 ) $ (951 .26 ) (1, 549 .20 ) (2, 097.87) (3,066.53) (3,890 .23 ) (4,594.99) (5 ,20 1.51) ANALYSIS OF FOREIGN INVESTMENTS SL2910_frame_...

Ngày tải lên: 05/08/2014, 13:20

... (1, 125 ,000) (1, 125 ,000) (1, 125 ,000) Receipts Spot sale 0 0 1,143,750 1,175,000 1 ,20 0,000 of Yen Net ($) (18,750) (18,750) 0 31 ,25 0 56 ,25 0 (2) FUTURES Lock-in price = 0.008940$/Yen Receipts 1,0 62, 500 ... market= Standard deviation of foreign market Standard deviation of U.S. market × 0.76 0.44 0 .20 1 0. 125 ×   .= FOREIGN MARKET BETA SL2910_frame_CF.fm Page 12...

Ngày tải lên: 05/08/2014, 13:20

... future spot rate will actually be equal to what the future rate predicts. It merely means that the forward rate will, on Maturity Bid Offer Spot .21 86 .21 89 1-month .21 88 .21 92 3-month .21 80 .21 84 6-month ... to 23 .22 grains of fine gold. It displays how much of the units of a currency are exchangeable into a certain amount of gold. If a significant outflow of gold occurs, a d...

Ngày tải lên: 05/08/2014, 13:20

... w–() 2 σ f 2 2 ρ d.f 2 w 1 w–() σ d σ f ++= 0.5() 2 0.10() 2 0.5() 2 0 .25 () 2 2 0.8()0.5()0.5()0.10()0 .25 ()++= 0. 028 125 = 0.168 16.8%== 0.5() 2 0.10() 2 0.5() 2 0 .25 () 2 2 0 .2( )0.5()0.5()0.10()0. 12( )++= 0.0073= ... 0.085 8.5%== 0.5() 2 0.10() 2 0.5() 2 0 .25 () 2 2 0 .2( )0.5()0.5()0 .25 ()0. 12( )++= 0. 022 23= 0.149 14.9%== INTERNATIONAL DIVERSIFI...

Ngày tải lên: 05/08/2014, 13:20

... Luxembourg 99. 02 24.38 25 .00 10.00 10.00 10.00 2 2 Switzerland 96.89 25 .00 21 .89 10.00 10.00 10.00 3 4 United States 94 .25 24 .94 19.30 10.00 10.00 10.00 4 3 Norway 94 .24 23 .90 20 . 42 10.00 10.00 ... 10.00 9 7 Austria 92. 29 23 .69 18.63 10.00 10.00 10.00 10 12 United Kingdom 91.54 24 .63 16. 92 10.00 10.00 10.00 11 9 Finland 91.38 23 . 52 18 .23 10.00 10.0...

Ngày tải lên: 05/08/2014, 13:20

... 2/ 3 σ p w A 2 σ A 2 w B 2 σ B 2 2 ρ AB w A w B σ A σ B ++= σ p w A 2 σ A 2 w B 2 σ B 2 2 ρ AB w A w B σ A σ B ++= 1/3() 2 0 .2( ) 2 2/3() 2 0.1() 2 2 ρ AB 1/3( )2/ 3()0 .2( )0.1()++[] 1 /2 = 0.0089 ... 3.19 8.04 9. 62 0.00 1 52 171 Myanmar 26 .35 5.03 3 .24 7.19 10.00 0.00 153 158 Nicaragua 26 .34 4.71 5.76 4 .29 8. 72 1 .25 154 154 Sudan 25 .45 2. 41...

Ngày tải lên: 05/08/2014, 13:20

... bank. Exhibit 1 12 summarizes advantages and disadvantages of each type of form. TYPES OF OVERSEAS BANKING SERVICES SL2910_frame_CT.fm Page 27 9 Thursday, May 17, 20 01 9:14 AM 27 3 TRACKING STOCK Issuing ... statistics. Many of the major domestic and foreign banks publish weekly or monthly economic letters. INFORMATION SOURCES—STATISTICS SL2910_frame_APP.fm Page 29 2...

Ngày tải lên: 05/08/2014, 13:20

... 0 .21 186 0 .20 897 0 .20 611 0 .20 327 0 .20 045 0.19766 0.19489 0.1 921 5 0.18943 0.18673 −0.70 0 .24 196 0 .23 885 0 .23 576 0 .23 270 0 .22 965 0 .22 663 0 .22 363 0 .22 065 0 .21 770 0 .21 476 −0.60 0 .27 425 0 .27 093 0 .26 763 ... 21 .495 24 . 523 28 . 029 32. 089 48.497 14 18 .29 2 21 .015 24 .21 5 27 .976 32. 393 37.581 59.196 15 20 . 024 23 .27 6 27 .1 52 31.773 37 .28 0 4...

Ngày tải lên: 05/08/2014, 13:20