five-minute mba in corporate finance
... 3.00% 3 .40 4. 00 4. 50 4. 67 0.00% 0.18 0.28 0 .42 0.53 5.50% 6.08 6.78 7 .42 7.70 year years 10 years 20 years 30 years 2.50% 2.50 2.50 2.50 2.50 5.00% 4. 60 4. 00 3.50 3.33 0.00% 0.18 0.28 0 .42 0.53 ... year years 10 years 20 years 30 years 5.5% 6.1 6.8 7 .4 7.7 6.7% 7 .4 8.2 9.2 9.8 1.2% 1.3 1 .4 1.8 2.1 7 .4% 8.1 9.1 10.2 11.1 1.9% 2.0 2.3 2.8 3 .4 0.7% 0.7 0.9 1.0 1.3 Longer-term corporate bonds ... Yield months months year years years years 10 years 20 years 30 years 2.38% 2.31 2 .43 2.78 3.15 3.87 4. 58 5 .46 5 .45 c Based on the information about the corporate bond that was given in part a,...
Ngày tải lên: 04/11/2014, 15:49
Vocabulary for MBA
... of its income statement." http://www.marketwatch.com/news/yhoo/story.asp?guid=%7BE08D82CE -49 DE -45 E4-80 640 C57EE0A007F%7D&siteid=myyahoo&dist=myyahoo Airtime - (Slang with a negative connotation) ... abetting: knowledge that one is assisting the criminal is sufficient.” http://www.xrefer.com/entry /46 4279 (verbatim quote): Federal investigators allege Merrill Lynch ultimately agreed to invest in ... This metaphor, from today’s NY Times, describes North Korea http://www.nytimes.com/2002/10/ 24/ opinion/24SAFI.html Here is the long, striking loose cannon passage from Victor Hugo's Novel, Ninety-Three...
Ngày tải lên: 03/10/2012, 10:33
chuong-1-va-2-international-trade-finance-for-2credits.pdf
... TỶ GIÁ THEO PHƯƠNG PHÁP TÍNH CHÉO Xác định tỷ giá hai tiền tệ đứng vị trí định giá hai cặp tỷ giá khác Xác định tỷ giá hai tiền tệ đứng vị trí yết giá hai cặp tỷ giá khác Xác định tỷ giá ... Tỷ giá hối đoái - Định nghĩa - Cơ sở hình thành tỷ giá - Học thuyết ngang giá sức mua Purchasing power parity PHÂN LOẠI TỶ GIÁ Căn phương tiện TTQT - Tỷ giá điện hối - Tỷ giá thư hối - Tỷ giá ... 27,6$ 1.000 48 24 Xác định số tiền ứng trước theo toán PB (Performance Bond) Nếu ký HĐ với giá cao giá thị trường: PA = Q (HP – MP) PA: Tiền ứng trước; HP: Giá ký kết hợp đồng mức cao Q: Số lượng...
Ngày tải lên: 05/12/2012, 00:03
SPREADSHEET MODELING IN CORPORATE FINANCE
... Capital Problems PART FINANCIAL PLANNING Chapter 14 Corporate Financial Planning 14. 1 Actual 14. 2 Forecast 14. 3 Cash Flow 14. 4 Ratios 14. 5 Sensitivity 14. 6 Full-Scale Real Data Problems Chapter 15 ... project? A project requires a current investment of $ 54. 39 and yields future expected cash flows of $19.27, $27.33, $ 34. 94, $41 .76, and $32 .49 in periods through 5, respectively All figures are ... E 14: I 14 For date 6, enter =B5 in cell J 14 Calculate the Nominal Return On Investment (ROI) = (1 + Inflation Rate) * (1 + Real ROI) - Enter =(1+E13)*(1+E 14) -1 in cell E15 and copy it across 4...
Ngày tải lên: 12/08/2013, 11:11
... 3.00% 3 .40 4. 00 4. 50 4. 67 0.00% 0.18 0.28 0 .42 0.53 5.50% 6.08 6.78 7 .42 7.70 year years 10 years 20 years 30 years 2.50% 2.50 2.50 2.50 2.50 5.00% 4. 60 4. 00 3.50 3.33 0.00% 0.18 0.28 0 .42 0.53 ... year years 10 years 20 years 30 years 5.5% 6.1 6.8 7 .4 7.7 6.7% 7 .4 8.2 9.2 9.8 1.2% 1.3 1 .4 1.8 2.1 7 .4% 8.1 9.1 10.2 11.1 1.9% 2.0 2.3 2.8 3 .4 0.7% 0.7 0.9 1.0 1.3 Longer-term corporate bonds ... Yield months months year years years years 10 years 20 years 30 years 2.38% 2.31 2 .43 2.78 3.15 3.87 4. 58 5 .46 5 .45 c Based on the information about the corporate bond that was given in part a,...
Ngày tải lên: 12/08/2013, 15:51
McGraw hill corporate finance book
... 3.00% 3 .40 4. 00 4. 50 4. 67 0.00% 0.18 0.28 0 .42 0.53 5.50% 6.08 6.78 7 .42 7.70 year years 10 years 20 years 30 years 2.50% 2.50 2.50 2.50 2.50 5.00% 4. 60 4. 00 3.50 3.33 0.00% 0.18 0.28 0 .42 0.53 ... year years 10 years 20 years 30 years 5.5% 6.1 6.8 7 .4 7.7 6.7% 7 .4 8.2 9.2 9.8 1.2% 1.3 1 .4 1.8 2.1 7 .4% 8.1 9.1 10.2 11.1 1.9% 2.0 2.3 2.8 3 .4 0.7% 0.7 0.9 1.0 1.3 Longer-term corporate bonds ... Yield months months year years years years 10 years 20 years 30 years 2.38% 2.31 2 .43 2.78 3.15 3.87 4. 58 5 .46 5 .45 c Based on the information about the corporate bond that was given in part a,...
Ngày tải lên: 12/08/2013, 16:10
Microeconomics for MBAs 46
... off? To address this question, 62 hostile takeover attempts (50 of which were successful) from 19 84- 1986 were examined.22 According to this study, layoffs were common, but seldom exceeded 10 percent ... studies indicate that greenmail can result in small gains for the repurchasing firm’s shareholders. 24 Managers of the target corporation will want to be careful, however, if 23 Recall, unless otherwise ... Jarrell, Brickley, and Netter, “The Market for Corporate Control: The Empirical Evidence Since 1980.” 24 Michael C Jensen and Richard S Ruback, “The Market for Corporate Control: The Scientific Evidence,”...
Ngày tải lên: 18/10/2013, 00:15
Microeconomics for MBAs 47
... in Figure 14. 2 TABLE 14. 2 Long-run Marginal and Average Costs of Producing Electricity Megawatts (1) Long-Run Marginal Cost (2) $50 40 30 20 10 Long-Run Total Cost (3) $ 50 90 120 140 150 Long-Run ... 10 Long-Run Total Cost (3) $ 50 90 120 140 150 Long-Run Average Cost [(3) ÷ (1)] (4) $50 45 40 35 30 Figure 14. 3 shows these same curves along with the electric company’s market demand and marginal ... ($50 for the first megawatt plus $40 for the second), the average cost of each megawatt is $45 ($90 divided by two units) 11 Chapter 14 Business Regulation FIGURE 14. 2 Long-Run Marginal and Average...
Ngày tải lên: 20/10/2013, 20:15
Microeconomics for MBAs 48
... Urban Institute, 19 84) Richard W Caves, “Performance, Structure, and the Goals of Civil Aeronautics Board Regulation,” in The Crisis of the Regulatory Commissions, p 1 34 Chapter 14 Business Regulation ... Management Science (Autumn 19 74) , p 337 10 See Mancur Olson, The Logic of Collective Action (Cambridge, Mass.: Harvard University Press, 1971) Chs and Chapter 14 Business Regulation In broad ... his or her store open 40 hours a week, with the result that each store earns profits of $1,000 per week Assume also that if any one store increased its hours to more than 40 hours a week on its...
Ngày tải lên: 20/10/2013, 20:15
Microeconomics for MBAs 60
... check, however, the rate has moved to $0.11 = F1 The exporter will now receive only F4, 545 ($500 ÷ 0.11) She loses F455 If the exchange rate moves in the opposite direction, of course, the exporter ... Economic Sophisms (Irvington-on-Hudson, N.Y., Foundation for Economic Education, 19 64; originally published 1 945 ), purchasing power 56-60 ... other? What might be a mutually beneficial exchange rate for cheese and bread? Cheese France Italy 40 units 10 units Bread or or 60 units units “Tariffs on imported textiles increase the employment...
Ngày tải lên: 24/10/2013, 18:15
Microeconomics for MBAs 49
... purchase price if the package in which the product came has been 29 30 Chapter 14 Business Regulation opened. 14 Before the change in policy, one Best Buy customer received a refund on a video ... of regulation In the real 14 Louis Lee, “Without a Receipt You May Get Stuck With That Ugly Scarf,” Wall Street Journal, November 18, 1996, p A-1 15 Ibid Chapter 14 Business Regulation world, ... accuracy is an accounting firm able to provide a valuable service to all of its clients 26 Chapter 14 Business Regulation Raising Price to Increase Customer Appeal One of the best-documented rules...
Ngày tải lên: 24/10/2013, 18:15
Microeconomics for MBAs 50
... laborer She is willing to pay less (and thereby gain profit), but she will not pay more TABLE 14. 1 Computing the Value of the Marginal Product of Labor Value of Each Price of Laborer to Employer ... Marginal Units of of Each Laborer in Product Product) Labor (per Hour) Market [(2) x (3)] (1) (2) (3) (4) First laborer $2 $12 Second laborer Third laborer 2 10 Fourth laborer Fifth laborer 2 Sixth laborer ... the employer can justify hiring two laborers If the wage rate is lower still—say, slightly below $4 the employer can hire as many as five workers Following this line of reasoning, we can conclude...
Ngày tải lên: 24/10/2013, 18:15
Microeconomics for MBAs 1
... determine what they R.A Radford, “The Economic Organization of a POW Camp,” Economica (November 1 945 ), pp 180201 Chapter The Economic Way of Thinking are willing to buy and sell and on what terms...
Ngày tải lên: 29/10/2013, 01:15
Microeconomics for MBAs 2
... rights (cell 4) Alternatively, Harry can respect Fred’s rights while Fred violates Harry’s rights (cell 3), or vice versa (cell 2) Clearly, by the utility levels indicated in cells and 4, Fred and ... Coconut Production Papaya Production Fred Harry 24 In one hour of labor Fred can produce either coconuts or papayas; Harry can produce either coconuts or 24 papayas Even though Harry is more productive ... by violating the rights of the other If both follow this course, they both will end up in cell 4, that is, back in the state of anarchy Figure 1.2 The payoffs (measured in “util” terms) from...
Ngày tải lên: 29/10/2013, 01:15
Microeconomics for MBAs 51
... Additional Worker [Change in (3)] (4) $20,000 $ 20,000 $20,000 22,000 44 ,000 24, 000 24, 000 72,000 28,000 26,000 1 04, 000 32,000 28,000 140 ,000 36,000 30,000 180,000 40 ,000 Chapter 15 Competitive and ... first worker must also be raised to $22,000 The cost of the second worker is therefore $ 24, 000 (column 4) : $22,000 for his services plus the $2,000 raise that must be given to the first worker ... going wage rate expands When two workers are hired, the gap is $2,000 ($ 24, 000-$22,000) When six are employed, it is $10,000 ( $40 ,000-$30,000) Figure 15.8, based on columns and of Table 15.2, shows...
Ngày tải lên: 29/10/2013, 01:15
Microeconomics for MBAs 52
... spending some time goofing off on the 23 Chapter 15 Competitive and Monopsonistic Labor Markets 24 job and that the worker’s output can be raised if he or she is paid $5 for each piece produced ... vol 21 (1978), pp 297-326 Chapter 15 Competitive and Monopsonistic Labor Markets worker with $48 7.50 for the week, or a 2.5 percent reduction in pay for a 25 percent reduction in effort The ... heavy use of piece-rate pay The system has resulted in a doubling of worker productivity since 1 945 and continues to be successful for several reasons: • First, the company has a target rate of...
Ngày tải lên: 29/10/2013, 01:15
Microeconomics for MBAs 3
... Harold Demsetz, “Toward a Theory of Property Rights,” American Economic Review, vol 57, pp 347 – 59, May 19 64 Demsetz cites Eleanor Leacock, “The Montagnes ‘Hunting Territory’ and the Fur Trade,” ... Group Incentives: An Experimental Study,” American Economic Review, vol 87 (no 3), June 1997, pp 3 14 41 ) One researcher predicted in the late 1980s that by the turn of the century, a quarter of all ... back to the graduate students in the form of cash If the rent were raised by $40 0 and the students were given the $40 0 back, then they could clearly afford what they had The question is whether...
Ngày tải lên: 08/11/2013, 00:15
Microeconomics for MBAs 4
... Financial Economics, vol 20 (1988), pp 43 1–60; and J Warner, R Watts, and K Wruck, “Stock Prices and Top Management Changes,” Journal of Financial Economics, vol 20, pp 46 1– 92 Chapter The Economic Way ... President, Foundation for Economic Education (May 4, 1999) Chapter The Economic Way of Thinking 38 Complicated Machinery Once in the pencil factory— $4, 000,000 in machinery and building, all capital ... 10 to 15 percent more batters in the American League have been hit than in the National League 34 We remind you that “hits” and “pats” on the back can be important ways of increasing firm profits...
Ngày tải lên: 08/11/2013, 00:15