• Fixed Income
    Chapters 1 and 2 Exercises 1. Is there any risk when investing in treasury bonds, supposing there is no chance that the US government will default? Yes, interest rate risk, reinvestment risk, among others. 2. Ignore any complication, write down the formula for a 3-year fixed payment coupon bo...
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  • About Prafred Stock and Common Stock
    Common Stock: Common stock is a form of corporate equity ownership and a type of security. It is called "common" to distinguish it from preferred stock. In the event of bankruptcy, common stock investors receive their funds after preferred stock holders, bondholders, creditors, etc. On th...
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  • Fixed Income Securities
    Chapter 1 Questions: 3, 4, 12, 14, 15a, 15b, 16, 17, 21, 23, 24, 25 3. Who are the major types of issuers of bonds in the United States? The major types of issuers of bonds in the United States are the United States Government and its agencies, municipal governments and corporations or Special Pu...
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  • Fixed Income
    Fixed-Income Securities Valuation, Risk Management and Portfolio Strategies Lionel Martellini Philippe Priaulet and St´ phane Priaulet e Fixed-Income Securities Wiley Finance Series Country Risk Assessment Michael Bouchet, Ephra¨m Clark and Bertrand Groslambert ı Erik Banks The...
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  • Fixed Income - Bonds
    15.433 Investments Fixed Income, Part 1: Yield Curve Fixed Income, Part 1: Yield Curve 15.433 Investments November 10, 2011 Fall 2011 Jun Pan, MIT Sloan –1– 15.433 Investments Fixed Income, Part 1: Yield Curve Outline • From equity to fixed income. • The universe of fixed income...
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  • Investment Portfolio Management: Fixed Income, Money Market, Equities.
    FIXED INCOME Fixed income instruments are debt instruments issued by government bodies, banks, financial institutions, etc. Investors purchase a fixed income security in lieu of a payoff after a specified period of time i.e., its maturity. Investors receive their face value on maturity, as well as p...
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  • Nomura Fixed Income Research
    Nomura Fixed Income Research MBS Basics Stop for just a second and think about some of the things that make America great. Maybe you thought about some of the following: the Apollo Program … baseball … the Bill of Rights … Budweiser … capitalism … CBS/ABC/NBC/CNN/ESPN … Chevrolet Cor...
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  • Risk and Return Analysis on Common Stock of Standard Chartered Bank Nepal Ltd and Nepal Investment Bank Ltd.
    Chapter I Introduction 1.1 Background Finance is the backbone of any organization. No organization can sustain and develop without finance. The organizations with the sound financial structure can compete and lead the market. Economic growth of the nation depends on the availabili...
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  • Dividends Policy and Common Stock Prices
    ABSTRACT The issue of how much a company should pay its stockholders, as dividend is one that has been of concern to managers for a long time. The optimal dividend policy of a firm may be defined as the one that increases shareholders wealth by the greatest amount. It is therefore necessary, to und...
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  • Global Fixed Income Manager: a Risk Management Perspective
    Table of Contents Introduction 3 Diversification 4 Covariance and Correlation 5 Risk Aversion 6 Expected Utility 8 Opportunity Cost of Capital 9 Compensation for risk 9 Application of Derivatives 10 Credit Default Swaps 11 Interest Rate Swaps 12 Inflation Swaps 12 Bond Futures 12 Inte...
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  • Fixed Income
    Case IV: Arbitrage in the Government Bond Market Fixed income management (EBC4058) Tutor: Micheal Viehs Coordinator: Thomas Post Group C: de Vivo Paolo 6057152 Bing-Jun Zhu 6030493 Honglei Zhao 6051963 04/03/2013 INDEX I INTRODUCTION II BOND MARKET – A snapshot III TWO SYNTHETIC BONDS ...
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  • Fixed Income Securities Prospects in Usa
    INTRODUCTION A bond is a debt security that reflects the creditor-debtor relationship between the issuer of the bond and its customers. It is issued by the issuer for a fixed period and he pays interests, called coupons, and at maturity he repays the principal. Bonds are bought and traded mostly by...
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  • Preferred Stock Versus Common Stock
    PREFERRED STOCK VERSUS COMMON STOCK The primary advantage to an investor of holding preferred stock compared with common stock is that the preferred stock return is somewhat more predictable (more certain). The issuing company will generally make a real effort to try to avoid defaulting on the pr...
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  • Common stock repurchase and market signalling
    Journal of Financial COMMON Economics 9 (1981) 139-183. STOCK REPURCHASES North-Holland Publishing Company AND MARKET SIGNALLING An Empirical Study* Theo VERMAELEN lJ/niversity of British Columbia, Vancouver, BC, Canada V6T 2 W5 Received January 1980,...
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  • Create Income in Good Old Preferred Stock Way
    A mandatory feature in any investors' portfolio should be a high dividend paying asset that produces a regular yield on monthly pay out basis. In fact a much safer way to facilitate this is through Preferred Securities ETF or in other words, a fund that tracks the performances of the S&P Enhanced Yi...
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  • The Karachi Stock Exchange
    Karachi Stock Exchange Abstract This report will introduce the Karachi Stock Exchange (KSE) to readers with the assumption that they have no prior knowledge regarding the entity. The report begins with an introduction to stock exchanges in general and the KSE in particular. This is followed by...
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  • Indian Stock Market
    EQUITY MARKET In financial markets, stock is the capital raised by a corporation through the issuance and distribution of shares. A person or organization which holds shares of stocks is called a shareholder. The aggregate value of a corporation's issued shares is its market capitalization. When on...
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  • Retailing Characteristics of Fast Food Stores and Their Impact on Customer Sales and Satisfaction
    “Retailing characteristics of fast food stores and their impact on customer sales and satisfaction” By:- Rajul Bhardwaj Lecturer, Faculty of Management Studies, Gurukul Kangri University, Haridwar(Uttarakhand), India Table Of Contents:-  Chap-1 Introdu...
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  • Executive Compensation, Stock Options & Fiduciary Responsibilities
    Executive Compensation, Stock Options & Fiduciary Responsibilities In the movie Pirates of Silicon Valley, there is a scene where co-apple founders Steve Wozniak and Steve Jobs have a discussion regarding the $116 million worth of stock options granted to Steve Wozniak. In the film Wozniak complai...
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  • Philippine Stock Exchange
    The Philippine Stock Exchange, Inc. ("PSE" or the "Exchange") is a private organization that provides and ensures a fair, efficient, transparent and orderly market for the buying and selling of securities. PSE traces its roots from the country's two former bourses: the Manila Stock Exchange ("MSE")...
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