Thị trường tài chính và các định chế tài chính Chapter 14
Thị trường tài chính và các định chế tài chính_ Chapter 07
... 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 ... purchases conventional mortgages Fannie Mae issues bonds and purchases residential mortgages 14 Municipal Bonds Municipal bonds can be classified as either general obligation bonds or revenue
Ngày tải lên: 17/10/2013, 11:15
Thị trường tài chính và các định chế tài chính_ Chapter 08
... 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 ... expected to fall, the bond portfolio can be expanded in order to capitalize on the expectations 14 Explaining Bond Price Movements The price of a bond should reflect the present value of future
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 ... may spend excessively and be less efficient with the firm’s funds than they were before...
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 ... year, the stock is sold at a price of $55 per share. What is the return on the margin transaction? %14 25$ 50$.27$25$55$ = +−− = +−− = INV DLOANINVSP R 10 Computing the Return on A Margin P...
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 ... expected earnings of competitors in the same industry is 14. What is the valuation of the firm’s shares according to the PE method? $2 814$ 2 ratio) PEindustry (Meanshare) per firm of earnings Expect...
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 ... 8.0% Swap differential –0.5% –1.0% –2.0% –2.5% Net dollar amount received –$500K –$1M –$2M –$2.5M 14 Types of Interest Rate Swaps (cont’d) Forward swaps A forward swap involves an exchan...
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 Hed...
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