the particular problem of finance and banking

... mainly provides the background and the introduction of the objective of the study To specific, this chapter will introduce the CAPM, state the CAPM theoretical problems and practical problems, clarify ... between the return and risk of the portfolio This means that the higher risk get the higher return Conversely, the other authors doubt about the validity of the CAPM on the basis of their empirical ... the development of the market and economy It further expand and increase the depth of the model, making the model more and more accurate than the last ones, this is also encourage the researchers...

Ngày tải lên: 23/07/2014, 21:11

... English of Finance and Banking ? 2.2.2 The participants In order to achieve the aims of the thesis and answer the above research questions, the main subjects of the study include a group of teachers ... Types of ESP (Hutchinson, 1987: 16) Therefore, English for Finance and Banking has the following characteristics: 1) designed to meet specified needs of the learner in the field of Finance and Banking; ... and phrases of the foreign languages in the best possible manner The phraseology and the idiom of the target language can best be assimilated in the process of interpretation The structures of...

Ngày tải lên: 28/03/2015, 09:32

... consulting, and the management of important U.S corporations The perspectives and conclusions offered are the result of scores of interviews with the most important and knowledgeable people in each of these ... increase their leverages and, in turn, their profitability By expanding the amount of money they could trade and lend, banks could boost their profits, as long as the additional uses of money ... debt increased, and the market price of the loans fell to only a fraction of their initial value The banks had to write down the value of the loans, which decreased the strength of their balance...

Ngày tải lên: 03/11/2014, 17:00

Ngày tải lên: 02/07/2017, 17:36

... creating and advancing liquidity to producers; along the circuit, the financial system governs the supply and demand of funds and, at the end of the process, it determines the condition for the closure ... institutions and strengthen the complementarity between the formal and the informal sectors The poorest people of rural and urban societies live beyond the frontier of formal finance, or outside the formal ... DC: The World Bank) Chernow, Ron, 1997, The Death of the Banker The Decline and the Fall of the Great Financial Dynasties The Triumph of the Small Investor (New York: Vintage Books, a Division of...

Ngày tải lên: 24/10/2012, 09:33

... equivalent text in the content of the message and the formal features and the roles of the original text” Translation is the interpreting of the meaning of a text and subsequent production of an equivalent ... the repayment of loans, and, in the bad year, trading losses If a company has a majority interest in other company, the balance sheets and profit and loss accounts of the parent company and the ... the spirit, not the letter; the sense, not the words, the message rather than the form, the matter not the manner The others say the truth to be read and understood, and what has been written out...

Ngày tải lên: 11/12/2013, 23:55

... What was the net contribution of the railroad to the growth of real GNP in the United States? Or, what has been the effect of the creation of the Federal Reserve System on the stability of the price ... application of this method by referring to the actor and the historian as the historian of the future” and the historian of the past,” respectively.20 Regardless of the purpose for which it is used, therefore, ... author of this paper will never be crowned king of England All of these forecasts, and literally millions of others of a similar degree of certainty, are based on the specific understanding of the...

Ngày tải lên: 17/01/2014, 02:20

... the problem of sewer overflows Rather, what is needed is political will, enforcement of existing laws, adequate information, and billions of dollars to improve the integrity and capacity of the ... be increasing, and there is evidence that the rate of infection is proportional to both the amount of time swimmers are exposed and the levels of pollution in the waters where they swim.60 According ... percent over land areas of the Northern Hemisphere during the 20th century,155 and global warming is predicted to further increase the intensity of rainfall events for parts of the United States.156...

Ngày tải lên: 17/02/2014, 10:20

... place when the owners of the company leave the profits of the company in the business rather than taking the money out of the company in the form of dividends The cumulative amount of this reinvestment ... balance sheet date, and so the company owes them three days’ pay To reflect the existence of these debts, the company estimates their amounts as of the balance sheet date and records them in an account ... Assets The assets section of the balance sheet is a financial representation of what the company owns The items are presented at the lower of their purchase price or their market value at the time of...

Ngày tải lên: 22/02/2014, 06:20

... and the lender must approve of the fiscal strength of the borrower and the foreign buyers in order for the guarantee to be put in place There is no maximum limit to these loans and the term of ... assist their customer in obtaining financing and in may cases they gather most of the details of their customers financial strength and of the transaction for the lender In other cases, the foreign ... Bank transactions in 2005, the name and address of the exporter, contact name, the size of the credit facility, the country the export was destined for, and the type of transaction This information...

Ngày tải lên: 03/06/2014, 02:14

... price of the investment The estimation depends on the sales forecast, the effects on exchange rate changes, the risk in cash flows, and the actions of foreign governments The choice of the proper ... currency transactions and the translation of financial statements require the knowledge of the exchange rates to be used and the accounting treatment of the resulting translation gains and losses ACCOUNTING ... publish reliable data and information, but the author and the publisher cannot assume responsibility for the validity of all materials or for the consequences of their use Neither this book nor...

Ngày tải lên: 05/08/2014, 13:20

... on the original term to maturity of the financial instrument and on the extent of the involvement of the owner of the financial asset in the activities of the security's issuer Accordingly, the ... exercise price, the greater the value; Stock price the higher the price of the underlying stock, the greater the value; and Risk-free rate the higher the risk-free rate, the higher the value The formula ... accounting in the balance of payments, the net of the accounts included in any balance must equal the net of the remaining accounts In the U.S., the surplus in the overall balance of $300 equals the increase...

Ngày tải lên: 05/08/2014, 13:20

... of a Call Option The writer of an option profits when the buyer of the option suffers losses, i.e., a zero-sum game The net position of the writer is, therefore, the negative of the position of ... of a Put Option The writer of an option profits when the holder of the option suffers losses, i.e., a zero-sum game The net position of the writer is, therefore, the negative of the position of ... Exhibit 25 Note the symmetry of profit/loss, strike price, and break-even prices between the buyer and the writer of the put, as was the case of the call option If the spot price of marks drops...

Ngày tải lên: 05/08/2014, 13:20

... against the much larger parent bank and not merely the local of ce Similarly, legal loan limits are a function of the size of the parent bank and not of the branch The major disadvantages of foreign ... which the currency of denomination is not the of cial currency of the country where the transaction takes place They are the international markets that are engaged in the lending and borrowing of ... The name of the currency, Australian Dollar The name of the exchange, the Chicago Mercantile Exchange The delivery date (closing date for the contract) The opening, high, and low prices for the...

Ngày tải lên: 05/08/2014, 13:20

... a deposit on the futures contract The purpose of the deposit is to cover a market value decline on the contract The amount of the deposit depends on the nature of the contract and the commodity ... and certain commodity firms deal only in futures The fees for futures contracts are based on the amount of the contract and the price of the item The commissions vary according to the amount and ... rates decrease, the value of the contract increases As the price or quote of the contract goes up, the purchaser of the contract has the gain while the seller loses A change of one basis point...

Ngày tải lên: 05/08/2014, 13:20

... where the terminal value is found as the sum of the future values of the cash flows, compounded at the firm’s cost of capital The MIRR is a modified version of the internal rate of return (IRR) and ... about the types of securities to be sold, the number of shares or units of distribution, and the timing of the sale; (2) negotiating mergers and acquisitions; and (3) selling secondary offerings ... credit and undertake to pay drafts drawn in accordance with the terms and conditions of the letter of credit.” An unconfirmed L/C is the obligation of only the issuing bank The three main types of...

Ngày tải lên: 05/08/2014, 13:20

... sell the the underlying stock short or hold a long put on the same stock Break-Even Market Price The The The The The The strike price + the premium strike price − the premium strike price + the ... price of the stock, you have the right to buy or sell a specified number of shares of the stock at the strike price (rather than the current market price) Options possess their own inherent value and ... materialize The buyer of the contract (called the holder) pays the seller (called the writer) a premium for the contract In return for the premium, the buyer obtains the right to buy securities from the...

Ngày tải lên: 05/08/2014, 13:20