thứ sáu ngày 2 tháng 12 năm 2011

... 1-4406-4439-X Goldman, Sachs & Co Investment banking—United States I Title HG4930.5.E45 20 08 3 32. 660973 — dc 22 2008 025 228 Designed by Claire Naylon Vaccaro Without limiting the rights under copyright ... i ng 11 P r i n c i pl e s 183 12 Th e Two Jo h n s 1 92 215 13 B on d s : Th e E a r ly Ye a r s 23 2 14 F igu r i ng O u t P r i vat e C l i e n t Se rv ic e s 25 0 15 J A ron : Ugly D u c k l ... agic C a r p e t 26 9 17 Th e Us e s a n d A b u s e s of R e s e a rc h 28 3 18 Joh n We i n b e rg 29 7 320 19 I n no c e n t s A b roa d 345 20 B r e a k i ng a n d E n t e r i ng 21 How B P A l...

Ngày tải lên: 30/10/2014, 17:00

... 1987 1988 1989 1990 1991 19 92 1993 1994 1995 1996 1997 1998 1999 20 00 20 01 20 02 2003 20 04 20 05 20 06 20 07 20 08 20 09 20 10 20 11 20 12 UK equities Overseas equities Overseas fixed income Cash UK fixed ... funds domiciled in the UK (€ m) 120 0 1,0 02. 4 1000 751.0 800 550 .2 600 400 313.5 23 8.1 20 0 Assets Dec 20 09 Assets Dec 20 10 Assets Dec 20 11 Assets Dec 20 12 Assets Dec 20 13 Equities Infrastructure ... will also be required 85,008.3 80 68,904 .2 60,616.6 59 ,21 3.5 Assets Dec 20 10 Assets Dec 20 11 60 45,738.3 40 Assets Dec 20 09 Assets Dec 20 12 Assets Dec 20 13 Equities Global Source: Lipper FundFile...

Ngày tải lên: 04/12/2015, 00:12

... analysis…………………………………… 32 2.1 Investment income and risk…………………………………………………. 32 2.1.1 Return on investment and expected rate of return………………… 32 2.1 .2 Investment risk Variance and standard deviation………………… 35 2. 2 Relationship ... decision making………………………… 120 6.1 Overconfidence…………………………………………………………… 120 6 .2 Disposition effect………………………………………………………… 123 6.3 Perceptions of investment risk…………………………………………… 124 6.4 Mental accounting ... return……………………………………… 36 2. 2.1 Covariance……………………………………………………………36 2. 2 .2 Correlation and Coefficient of determination……………………… 40 2. 3 Relationship between the returns on stock and market portfolio…………… 42 2.3.1...

Ngày tải lên: 14/08/2014, 22:20

... Mini-contents 2. 1 Investment income and risk 2. 1.1 Return on investment and expected rate of return 2. 1 .2 Investment risk Variance and standard deviation 2. 2 Relationship between risk and return 2. 2.1 ... Covariance 2. 2 .2 Correlation and Coefficient of determination 2. 3 Relationship between the returns on asset and market portfolio 2. 3.1 The characteristic line and the Beta factor 2. 3 .2 Residuale ... 6th ed McGraw Hill Fabozzi, Frank J (1999) Investment Management 2nd ed Prentice Hall Inc Francis, Jack C., Roger Ibbotson (20 02) Investments: A Global Perspective Prentice Hall Inc 30 Investment...

Ngày tải lên: 14/08/2014, 22:20

... information on joint stock returns for stock 1, 2, and in the table Probability 0 .20 0.30 0 .25 0 .25 Stock 0 .20 -0.05 0.10 Return for stock Stock 0 .25 0.10 0.05 -0.10 Stock 0.10 0.05 -0.05 If you ... portfolio the graphical method instead of analytical one (using formula 2. 9) could be a good alternative In figures 2. 1, 2. 2 and 2. 3 the identification of positive, negative and zero covariances is ... and the market portfolio in the table: Month Stock A 0,30 0 .24 -0,04 0,10 0,06 0,10 Rate of return Market portfolio 0, 12 0,08 -0,10 -0, 02 0,08 0,07 49 ...

Ngày tải lên: 14/08/2014, 22:20

... Mini-contents 3.1 Portfolio theory 3.1.1 Markowitz portfolio theory 3.1 .2 The Risk and Expected Return of a Portfolio 3 .2 Capital Asset Pricing Model (CAPM) 3.3 Arbitrage Pricing Theory (APT) ... previous chapter, section 2. 1) The exemplified map of indifference curves for the individual risk-averse investor is presented in Fig.3.1 Each indifference curve here (I1, I2, I3 ) represents the ... return ( r ) rA = rB rC A B C σA = σC σB Risk ( σ ) Fig 3 .2 Portfolio choise using the assumptions of nonsatiation and risk aversion Fig 3 .2 gives an example how the investor chooses between investments...

Ngày tải lên: 14/08/2014, 22:20

... 1 ,2 -0,9 30 40 30 11 How does the CAPM differs from the APT model? 12 Comment on the risk of the stocks presented below Which of them are more /less risky and why? Stock A B C D E F Beta 0, 92 2 ,20 ... return for stock A = 18% • Expected return for stock B = 25 % • Standartd deviation of stock A = 12% • Standard deviation of stock B = 20 % • Correlation coefficient = 1,0 Choose the investment ... Coefficient Beta Proportion, % A 1,40 30 Expected rate of return, % 13 B 0,90 30 18 C 1,00 20 10 D -1,30 20 12 a) What is the expected rate of return of this portfolio? b) What is the risk of the...

Ngày tải lên: 14/08/2014, 22:20

... RATIOS 20 10-01-01 20 09-01-01 20 08-01-01 20 07-01-01 20 06-01-01 0.81 0.39 0.99 0.45 1 .24 1. 02 2.60 0.89 4.43 1.61 38.8% 57.9% 57.6% 52. 0% 47.4% 10.0% 26 .9% 27 .3% 26 .9% 22 .3% 7.9% 10.6% 15.0% 23 .8% ... 0.06 share, EURO Payout ratio 10 .2% 16.1% 13.7% 166 34 24 0 51 0.96 0.63 0.69 0.47 71,950,00 42, 373,38 6.90 10.03 1 .23 0.50 1.35 0.94 6 .28 5.33 0 .25 0. 12 20.3% 24 .2% 13 The new little known firm ... 27 .3% 26 .9% 22 .3% 7.9% 10.6% 15.0% 23 .8% 18.5% 25 .5% 33.1% 24 .8% 38 .2% 18.0% 12. 4% 19.6% 14.5% 6.8% 9.4% 29 .2% 41 .2% 27 .5% 38.0% 34.9% 53.7% 36.9% 58.4% 27 .6% 38.0% 91 Investment Analysis and Portfolio...

Ngày tải lên: 14/08/2014, 22:20

... rate of return: n DRp = Σ wi DRi = w1 DR1 + w2 DR2 +…+ wn DRn, (5.10) i=1 here wi - the proportion of the portfolio’s initial value invested in bond i; 1 12 Investment Analysis and Portfolio Management ... interest is important, but the ability to repay the debt and to cover leasing payments in time too 5 .2. 2 Qualitative analysis Qualitative indicators are those which measure the factors influencing the ... quality of the bond, the lower the yield For the bonds with lower quality the yield is higher 1 02 Investment Analysis and Portfolio Management • The level of inflation; the inflation decreases...

Ngày tải lên: 14/08/2014, 22:20

... Ibbotson (20 02) Investments: A Global Perspective Prentice Hall Inc Gitman, Lawrence J., Michael D Joehnk (20 08) Fundamentals of Investing Pearson / Addison Wesley Haugen, Robert A (20 01) Modern ... and Portfolio Management c) If this bond would be called in May 20 10 for 98 LT, what would be the yieldto-call of this bond? 12 Investor plans his investments for the period of four years and ... increase by 1%; (2) market interest rates decrease by 1% References and further readings Arnold, Glen (20 10) Investing: the definitive companion to investment and the financial markets 2nd ed Financial...

Ngày tải lên: 14/08/2014, 22:20

... Management Science, 20 06, 52, p 726 -740 Edmans, Alex, Diego Garcia, Oyvind Norli (20 07) Sport Sentiments and Stock Returns // Journal of Finance, August 20 07 Gervais, Simon, Terrance Odean (20 01) Learning ... Pearson/Prentice Hall 12 Nofsinger, John (20 01) The Impact of Public Information on Investors // Journal of Banking and Finance, 20 01, 25 , p 1339-1366 13 Shapira, Zur, Itzhak Venezia (20 01) Patterns ... Seongyeon (20 06) Do Investors Integrate Losses and Segregate Gains? Mental Accounting and Investor Trading Decisions // Journal of Business, 20 06, 79, p 25 39 -25 73 11 Nofsinger, John R (20 08) The...

Ngày tải lên: 14/08/2014, 22:20

... of Treasury Department USA, 20 06 Compiled by author on the basis of Cianciotto, 20 08; Arnerich, Arnston, Perkins, Pruit at al (20 07); Voicu (20 08); Wellington (20 02) , Sharpe (1993) There are ... Management Annex Definitions of long-term credit ratings Moody's Aaa Aa1 Aa2 Aa3 A1 A2 A3 Baa1 Baa2 Baa3 Ba1 Ba2 Ba3 B1 B2 B3 Caa1 Caa2 Caa3 Ca C - S&P AAA AA+ AA AAA+ A ABBB+ BBB BBBBB+ BB BBB+ B BCCC+ ... Protection West Publishing Company 20 Voicu, A., (20 08) Passive vs active investment management strategies // The financial planning association, spring 21 Wellington, J.W (20 02) Active vs passive management...

Ngày tải lên: 14/08/2014, 22:20

... city of Hanoi in 20 20, orientation to 20 30 (Decision 1081 /20 11/QD-TTg dated 7thJun ,20 11), decision No 125 9/ 20 11/QD-TTg dated 26 th July 20 11, document No.81 /20 11/KHUBND dated 11 Jun 20 11, Hanoi ... applied, as: 2. 2 .2. I Service Model: Picture 2. 4 Service Model - Source [26 ], [46] 2. 2 .2. 2 Operational Management 13 Picture 2. 5 Operational Management Model - Source [26 ], [46] 2. 2 .2. 3 Commission ... strengthening and 22 dissemination of information, awareness-raising knowledge of PPPs for the participants 3.4.7 Implementation schedule: 20 15 -20 20 and 20 20 -20 30 periods and orientations towards 20 50 3.5...

Ngày tải lên: 07/09/2015, 10:21

... 2 7 11 12 12 13 13 14 16 18 18 20 22 23 26 CONTENTS vii Extending MOEA for Portfolio Optimization 27 3.1 Introduction 27 3 .2 Chromosomal ... 0 .2 (ORW0∼0 .2) Portfolio Size (Standard Deviation) 30.0 15.0431 2. 720 9 0.0 2. 7467 0.8769 4.6695 1 .24 15 20 .6711 2. 623 6 20 .8934 3.9084 50 HR ORW1 Proportion(%) 40 ORW 0.5 ORW 0.1 30 ORW0~0 .2 20 ... Optimization 2. 1 Introduction 2. 2 Multi-Objective Optimization 2. 2.1 Problem Definition 2. 2 .2 Pareto Optimality 2. 2.3 Optimization Goals 2. 3...

Ngày tải lên: 12/09/2015, 11:00

... Thailand I Years 1974 -20 04 1968 -20 06 19 92- 2004 1947 -20 05 1947 -20 01 1946-1969 1951 -20 04 1993 -20 03 1999 -20 04 1988 -20 04 1955-1968 19 92- 2005 19 92- 1998 1979-1991 Number of elections 10 22 12 14 Average volatility ... politicians Retrieved from http://www.ect.go.th/english/files/List %20 of %20 Political %20 Parties %20 in %20 Thailand %20 %28 12% 20No v. %20 07 %29 .pdf on June 20 11 join and leave parties whenever the main party financiers ... Thai case 20 2. 1 Studying Thai party politics 21 2. 2 Constant causes versus historical causes 27 2. 3 The paths of party system development 34 2. 3.1 Party formation...

Ngày tải lên: 12/10/2015, 17:33

... Adv Ther 20 07 ;24 (6): 120 2-9 22 Bach, S, Bilgrav, K, Gottrup, F, Jorgensen, TE The effect of electrical current on healing skin incision: an experimental study Eur J Surg 1991; 157:171-174 23 Carley, ... Clin Orthop Relat Res 19 82; 171 :26 4- 72 27 McCaig, D, Rajnicek, M, Song, B, Zhao, M Has electrical growth cone guidance found its potential? Trends Neurosci 20 02; 25 : 354-359 28 Zhao, M, Bai, H, Wang, ... Arterioscler Thromb Vasc Biol 20 05; 25 : 29 –38 Mueller CFH, Laude K, McNally JS, Harrison DG Redox mechanisms in blood vessels Arterioscler Thromb Vasc Biol 20 05; 25 : 27 4 27 8 Steinberg D Low density...

Ngày tải lên: 26/10/2012, 09:39

... Journal for Quality and Participation from 1985 to 20 02, and has coauthored three books: Managing Quality (Wiley, 20 02) ; Global Innovation (Wiley, 20 02) ; and After Atlantis: Working, Managing and ... Customer Care Department within the United States at (800) 7 62- 2974, outside the United States at (317) 5 72- 3993 or fax (317) 5 72- 40 02 Wiley also publishes its books in a variety of electronic ... Tennant Snyder Copyright © 20 01 by Jossey-Bass, Inc This material is used by permission of Jossey-Bass, Inc., a subsidiary of John Wiley & Sons, Inc Chapter 12 Copyright © 20 03 by the pci group Chapter...

Ngày tải lên: 07/02/2013, 09:32

... Control Documents The Change Management Process x 23 2 23 2 23 7 24 0 24 4 24 4 24 5 25 0 25 4 25 6 25 6 25 7 26 0 26 3 26 6 26 9 27 0 27 0 27 2 27 2 27 2 27 3 28 1 28 2 28 2 TEAM LinG - Live, Informative, Non-cost and Genuine ... Schedule End Point 86 88 90 94 105 106 107 113 113 113 117 120 122 126 128 128 130 130 131 131 1 32 133 136 143 155 1 62 166 166 167 1 72 1 82 189 190 TEAM LinG - Live, Informative, Non-cost and Genuine ... Level Balancing at the Business Case Level Balancing at the Enterprise Level End Point 20 3 20 3 20 4 20 5 21 7 22 2 22 3 PART CONTROLLING THE PROJECT CHAPTER 10—BUILDING A HIGH-PERFORMANCE PROJECT TEAM...

Ngày tải lên: 07/02/2013, 09:32

... condition and safety .11 2. 2 .2 Freight transport management 11 2. 2 .2. 1 Choice of transport modes 11 2. 2 .2. 2 Scheduling and routing control .13 2. 2 .2. 3 Fleet management ... Salary 02/ 12 HN/ Cai Lan HP Cai Lan port Quang Ninh 160 2, 000,000 757,900 20 ,000 100,000 80,000 1,0 42, 100 03/ 12 VNLHO HP Ninh Binh 326 4,500,000 1,530,100 40,000 320 ,000 100,000 150,000 2, 259,900 ... management .8 2. 2.1.1 Use of building space 2. 2.1 .2 Minimum movement 10 2. 2.1.3 Control and information system 10 2. 2.1.4 Product integrity 11 2. 2.1.5 Working condition...

Ngày tải lên: 20/04/2013, 11:13

... Engineers R G Dean (20 02) , “Beach Nourishment Theory and Practice”, USA P D Komar (1983), “CRC Handbook of Coastal Processes and Erosion”, USA 11 CAFEO 28 Hanoi, Vietnam (18 -22 nd Dec 20 10) Coastal ... Restored Beach toward Taman Laut) (Looking CAFEO 28 Hanoi, Vietnam (18 -22 nd Dec 20 10) Coastal Management - Beach Rehabilitation At Pulau Tioman, Malaysia 2c Zone (Sg Tekek river mouth to TNB Jetty) ... CAFEO 28 Hanoi, Vietnam (18 -22 nd Dec 20 10) Coastal Management - Beach Rehabilitation At Pulau Tioman, Malaysia In order...

Ngày tải lên: 25/04/2013, 08:20