... 1 Chapter 7 Bond Markets Financial Markets and Institutions, 7e, Jeff Madura Copyright ©2006 by South-Western, a division of Thomson Learning. All rights reserved. 2 Chapter Outline ... Online quotations at http://www.investinginbonds.com http://www.federalreserve.gov/releases/H15/ 10 Treasury and Federal Agency Bonds (cont’d) Stripped Treasury bonds One security represents ... $5...
Ngày tải lên: 17/10/2013, 11:15
... 1 Chapter 8 Bond Valuation and Risk Financial Markets and Institutions, 7e, Jeff Madura Copyright ©2006 by South-Western, a division of Thomson Learning. All rights reserved. 2 Chapter ... general level of the risk premium results in a decrease in bond prices - - - ),()( RPRfkfP fb ∆∆=∆=∆ 15 Explaining Bond Price Movements (cont’d) Factors that affect the risk-free rate Inflationary
Ngày tải lên: 19/10/2013, 17:15
Thị trường tài chính và các định chế tài chính_ Chapter 10
... 1 Chapter 10 Stock Offerings and Investor Monitoring Financial Markets and Institutions, 7e, Jeff ... Madura Copyright ©2006 by South-Western, a division of Thomson Learning. All rights reserved. 2 Chapter Outline Background on stock Initial public offerings Secondary stock offerings Stock ... economy Existing shareholders often have the preemptive right to purchase newly-issued...
Ngày tải lên: 23/10/2013, 15:15
Thị trường tài chính và các định chế tài chính_ Chapter 12
... Chapter 12 Market Microstructure and Strategies Financial Markets and Institutions, 7e, Jeff Madura Copyright ©2006 by South-Western, a division of Thomson Learning. All rights reserved. 2 Chapter ... original sell price and the price paid for the stock after subtracting any dividend payments made 15 Stock Market Transactions (cont’d) Short selling (cont’d) Measuring the short posit...
Ngày tải lên: 27/10/2013, 22:15
Thị trường tài chính và các định chế tài chính_ Chapter 11
... 1 Chapter 11 Stock Valuation and Risk Financial Markets and Institutions, 7e, Jeff Madura Copyright ©2006 by South-Western, a division of Thomson Learning. All rights reserved. 2 Chapter ... future. Investors require a return of 15% on the firm’s stock. According to the dividend discount model, what is a fair price for the firm’s stock? 14$ %15 10.2$ )1( Price 1 === + = ∑ ∞ = k D ... an...
Ngày tải lên: 27/10/2013, 22:15
Thị trường tài chính và các định chế tài chính_ Chapter 15
... 1 Chapter 15 Interest Rate Derivative Markets Financial Markets and Institutions, 7e, Jeff Madura Copyright ©2006 by South-Western, a division of Thomson Learning. All rights reserved. 2 Chapter ... fixed rate today that is less than the expected fixed rate on a swap negotiated in the future 15 Types of Interest Rate Swaps (cont’d) A forward swap beginning in year 3: Rising Interest...
Ngày tải lên: 06/11/2013, 08:15
Thị trường tài chính và các định chế tài chính_ Chapter 14
... 1 Chapter 14 Options Markets Financial Markets and Institutions, 7e, Jeff Madura Copyright ©2006 by South-Western, a division of Thomson Learning. All rights reserved. 2 Chapter Outline ... changes in option premiums Hedging with stock options Using options to measure a stock’s risk 3 Chapter Outline (cont’d) Options on ETFs and stock indexes Options on futures contracts Hedgi...
Ngày tải lên: 06/11/2013, 08:15
Thị trường tài chính và các định chế tài chính_ Chapter 13
... 1 Chapter 13 Financial Futures Markets Financial Markets and Institutions, 7e, Jeff Madura Copyright ©2006 by South-Western, a division of Thomson Learning. All rights reserved. 2 Chapter ... futures contracts Speculating with interest rate futures Closing out the futures position 3 Chapter Outline (cont’d) Hedging with interest rate futures Bond index futures Stock index ......
Ngày tải lên: 06/11/2013, 08:15