thị trường tài chính và các định chế tài chính chap 01

... principal of the bond increase? What is the coupon payment after six months? 65.50$$1 ,013 5%Payment Coupon 013 ,1$1 .013 $1,000Principal =×= =×= 34 Corporate Bonds (cont’d)  How corporate bonds facilitate ... eighths  Corporate bond quotations normally include the volume of trading and the yield to maturity 1 Chapter 7 Bond Markets Financial Markets and Institutions, 7e, Jeff Madura Copyright ©2006 by South-Western, ... years or more  An active secondary market exists  The 30-year bond was discontinued in October 2 001 37 Globalization of Bond Markets  Bond markets have become increasingly integrated as a result...

Ngày tải lên: 17/10/2013, 11:15

... years92.1 )10.1( 090,1$ )10.1( 90$ )10.1( )2(090,1$ )10.1( 90$ )1( )1( )( DUR 21 21 1 1 = + + = + + = ∑ ∑ = = n t t t n t t t k C k tC 1 Chapter 8 Bond Valuation and Risk Financial Markets and Institutions, 7e, Jeff Madura Copyright ... average of bond durations, weighted according to relative market value: ∑ = = m j jjp w 1 DURDUR 2 Chapter Outline  Bond valuation process  Relationships between coupon rate, required return,...

Ngày tải lên: 19/10/2013, 17:15

... returns and high risk  May be volatile because of fewer shares and trading based on rumors 2 Chapter Outline  Background on stock  Initial public offerings  Secondary stock offerings  Stock ... market  Monitoring by investors  The corporate monitoring role  Globalization of stock markets 1 Chapter 10 Stock Offerings and Investor Monitoring Financial Markets and Institutions, 7e, Jeff...

Ngày tải lên: 23/10/2013, 15:15

... 2 Chapter Outline  Stock market transactions  How trades are executed  Regulation of stock trading  How...

Ngày tải lên: 27/10/2013, 22:15

Ngày tải lên: 27/10/2013, 22:15

... 1 Chapter 15 Interest Rate Derivative Markets Financial Markets and Institutions, 7e, Jeff Madura Copyright...

Ngày tải lên: 06/11/2013, 08:15

... covered call involves the sale of a call option with a simultaneous long position in the stock 3 Chapter Outline (cont’d)  Options on ETFs and stock indexes  Options on futures contracts  Hedging ... do not account for general market conditions  e.g., managers who received option during the 2 001 2002 period may have earned low compensation even if their firm performed relatively well ... 1/2 60 2 3/4 45 Oct 70 5 3/4 120 3 3/4 50 Jun 360 1 1/8 40 5 1/8 50 Oct 90 3 1/2 40 6 1/2 1 Chapter 14 Options Markets Financial Markets and Institutions, 7e, Jeff Madura Copyright ©2006 by...

Ngày tải lên: 06/11/2013, 08:15

... (LIFFE), the Singapore International Monetary Exchange (SEMEX), and Sydney Futures Exchange (SFE) 3 Chapter Outline (cont’d)  Hedging with interest rate futures  Bond index futures  Stock index ... of assets will decline, but the bank benefits from the fixed rate of long-term liabilities 2 Chapter Outline  Background on financial futures  Interpreting financial futures tables  Valuation...

Ngày tải lên: 06/11/2013, 08:15

... and reduced the number of IPOs and secondary offerings  The volume of acquisitions declined 2 Chapter Outline  Investment banking services  Brokerage services  Sources of income  Regulation ... 31 Regulation of Securities Firms (cont’d)  Rules preventing abuse in the IPO market  In the 2 001 2003 period various abuses occurred:  Some securities firms that served as underwriters allocated...

Ngày tải lên: 12/12/2013, 23:15

Ngày tải lên: 12/12/2013, 23:15

... form of mortgages on commercial real estate and second mortgages on residential real estate 2 Chapter Outline  Types of finance companies  Sources of finance company funds  Uses of finance ... balances  Factoring reduces a business’s processing costs and provides short-term financing 1 Chapter 22 Consumer Finance Operations Financial Markets and Institutions, 7e, Jeff Madura Copyright...

Ngày tải lên: 12/12/2013, 23:15

... interest expenses has fluctuated in recent years  The loan loss provision has declined since 2 001  Noninterest income has increased  Noninterest expenses have increased 33 Savings Institution ... provided  Fraud  Most commonly, managers used depositors’ funds for purchases of personal assets 1 Chapter 21 Thrift Operations Financial Markets and Institutions, 7e, Jeff Madura Copyright ©2006 ... fixed- rate mortgages  Many SIs benefited from their exposure to interest rate risk in the 2 001 2002 period when interest rates declined 8 Background on Savings Institutions (cont’d)  Regulation...

Ngày tải lên: 12/12/2013, 23:15

Ngày tải lên: 12/12/2013, 23:15

Ngày tải lên: 12/12/2013, 23:15

Ngày tải lên: 12/12/2013, 23:15

Ngày tải lên: 25/01/2014, 12:20