24/02/2013 1 25721 INVESTMENT MANAGEMENT Lecturers: Sean Anthonisz Nadima El-Hassan Jianxin Wang Brandon Zhu Subject Coordinator: Jianxin Wang Objectives 2 Why do you take this subject? What do you expect to learn? How much did you pay for this subject? Is this a good investment? Investment Decisions 3 How much should I invest in risky assets? How much should I invest in different risky assets? How many risky assets should I hold? When not to diversify? How to determine
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Wal-Mart. When we take apart the ROE number into its parts we can see a really high leverage from Sears. Wal-Mart with just a few points below the ROE from Sears when analyzed seems more solid and stable. Lets remember that ROE comes from the profit margin‚ asset turn over and financial leverage. The combination of the performance of this 3 determines the ROE for the company. Now keeping this in mind we have Wal-Mart who accounts with a high turn over assets with 5.4 for 1997 and 2.8 for 1998‚ while
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I. Topic 1. Introduction 1. Explain the difference b/w financial assets and real assets. Real Assets: (37%‚ 1%) Used to produce goods and services: property‚ plant & equipment‚ human capital‚ consumer durable‚ land‚ building etc (Material wealth of society: productive capacity‚ real asset) Financial Assets (debt‚ equity and derivative): Claims on real assets or claims on asset income. The largest financial asset of U.S. households is: pension reserve (real assets generate net income to the
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Student’s name: ____________________ Student’s CU e-mail prefix: ___________ G4076 Final Exam Distributed: November 21‚ 2014; Due: December 5‚ 2014. Instructor: Alexei Chekhlov Each question is not difficult‚ of intermediate or below difficulty level‚ but there are a total of 44 questions. When you are asked to write something “in detail”‚ it is understood that you need to write more than one sentence answer‚ but try not to write more than ten sentences. Please‚ allocate enough time to
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1.1) Belinda’s 2010-11 taxable income: Assessable Income Gross Salary $67‚500 Unfranked dividends $2‚300 Total Assessable Income $69‚800 Less Allowable deductions PAYG tax instalments deducted ($15‚500) Subscriptions ($130) Union fees ($600) Telephone expense ($280*30%) ($84) Total allowable deductions ($16‚314) Taxable Income $53‚486 Note: Stationery is considered to be expenditure of a private nature thus
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Chartered Financial Analyst® CFA® 2011 CFA Level 1 Sample Exam Questions and Answers • 2011 CFA Level 1 Sample Exam Version 1-2 2011 CFA Level 1 Sample Exam 2011 Level 1 Sample Exam Volume 1 SS1 -Ethics and Professional Standards 1. Abasi Hasina‚ CFA‚ signed an employment contract with a non-compete clause restricting him from working for a competitor for three years after leaving the employer‚ an investment bank. After one year‚ Hsaina. quits his job for a position with an investment
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ROE into 3 sub-components: Profit Margin‚ Total Asset Turnover and Equity Multiplier. Maximizing some/all of these subcomponents would result in a better ROE. The ‘Profit Margin’ ratio is a measure of operational efficiency of a firm. Ideal value for this ratio is 100%‚ which can be achieved if Sales are equal to Net Income. However‚ in the business that Whole Foods is in‚ this ratio will not be anywhere near 100%. One place Whole Foods can increase ‘Profit margin’ is by lowering their Cost of Sales
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amount will he need to finance the expected sales increase? 4) As his financial advisor‚ would you support this expansion? As his banker‚ would you approve the loan and under what conditions? 1) The Butler Lumber Company has positive Profit Margins and ROEs‚ therefore it is a profitable business. Nevertheless‚ both ratios are on a relatively low level. In addition‚ below are some other ratios on the company that I might refer to later: [pic] 2) As in the table above‚ the collection
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Summer Internship Project Hindustan Pencils Pvt. Ltd. Study on consumer expectations & perceptions towards assorted packs/Combi Packs Project Mentor – Mr. Karthik K (Key Accounts Manager‚ HPPL) Immediate Head – Ateesh Sahu (Regional Manager‚ Pune) Project Guide – Prof. Vatsala Bose .. Natraj Kit Rs 56 Save Rs. 6 Internship Timeline 16th April 2014 - Product knowledge training at Bhivandi. 17th April 2014 – Training about our work and how to go about it. Along with a brief explanation
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processes in all its departments which are verified through the maker and checker principle for keeping all possible errors at bay. Its state of the art infrastructure helps in tracking real time changes in security prices and communicating margin requirement of investors to minimize their risks. It provides ‘safety’ to securities both‚ physical and virtual. The physical shares are stored in vaults with all security measures and the virtual shares are held in the Demat accounts of its
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