INVESTMENTS (ASIA GLOBAL EDITION) | BODIE‚ KANE‚ MARCUS‚ McGraw-Hill/Irwin JAIN Copyright © 2011 by The McGraw-Hill Companies‚ Inc. All rights reserved. Real Assets Versus Financial Assets 1-2 • Real Assets – Determine the productive capacity and net income of the economy – Examples: Land‚ buildings‚ machines‚ knowledge used to produce goods and services • Financial Assets – Claims on real assets INVESTMENTS (ASIA GLOBAL EDITION) | BODIE‚ KANE‚ MARCUS‚ JAIN 1-3 Financial Assets • Three
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INVESTMENTS | BODIE‚ KANE‚ MARCUS Copyright © 2014 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. Investment Companies • Pool funds of individual investors and invest in a wide range of securities or other assets • Services provided: • Record keeping and administration • Diversification and divisibility • Professional management • Lower transaction costs 4-2 INVESTMENTS | BODIE‚ KANE‚ MARCUS Net Asset Value
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shares.) • Strategy C: Purchase 100 call options for $1‚000. Invest your remaining $9‚000 in 6-month T-bills‚ to earn 3% interest. The bills will be worth $9‚270 at expiration. INVESTMENTS | BODIE‚ KANE‚ MARCUS 20-16 Options and Hedging Strategies Dr. Nongnuch Tantisantiwong INVESTMENTS | BODIE‚ KANE‚ MARCUS McGraw-Hill/Irwin Copyright © 2011 by The McGraw-Hill Companies‚ Inc. All rights reserved. Investment Strategy 100 shares 1000 options 100 options Investment $10‚000 $10‚000 $1
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Process and Portfolio Construction Investment bankers work with firms issuing new securities as both an advisor and intermediary in setting security prices‚ interest rates‚ and marketing the new securities for sale in the primary market (Bodie‚ Kane‚ & Marcus‚ 2008). The primary market is where firms are able to sell their new securities and obtain funds that are needed to increase their capital base. Firms issuing new securities are strategically working to raise funds; however‚ there is a potential
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Learning objectives 1. institutional aspects of equity issuance transaction 2. costs and benefits associated with public share offerings 3. develop a deeper appreciation for challenges of valuing unseasoned firms and enhance corporate valuation skills KEY QUESTIONS FOR CONISDERATION 1) What are the advantages and disadvantages of going public? 2) What different approaches can be used to value JetBlue’s shares? 3) At what price would you recommend that JetBlue offer their shares
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Stock Analysis: Boeing Company Ashutosh Kr.Sinha (DSI# d03252878) 730 Santana Drive Corona Del Mar‚ CA 92625 Email: ashutosh_sinha55@yahoo.com (949) 719 2955 FI560 Securities Analysis Miriam Benard June 08‚ 2011 Abstract The purpose of this paper is to make buy or sell recommendation for the Boeing Company’s stock based on the technical analysis and fundamental analysis. The technical analysis consists of analysis of return on equity; the company’s projected future growth of earnings;
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across broad asset classes” (Bodie‚ Kane‚ & Marcs‚ 2008‚ p. 10). In the asset allocation process‚ the investor will decide on upon which asset classes to invest in which can be bonds‚ stocks‚ and mutual funds to name a few. Once the investor has decided on the asset allocation and asset class path the portfolio should take‚ the investor would need to choice a security to invest in. A security selection is a “choice of specific securities within each asset class” (Bodie‚ Kane‚ & Marcs‚ 2008‚ p. 10)‚ such
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NORTHCENTRAL UNIVERSITY ASSIGNMENT COVER SHEET Student: ODEDOYIN ABEL THIS FORM MUST BE COMPLETELY FILLED IN Follow these procedures: If requested by your instructor‚ please include an assignment cover sheet. This will become the first page of your assignment. In addition‚ your assignment header should include your last name‚ first initial‚ course code‚ dash‚ and assignment number. This should be left justified‚ with the page number right justified. For example: Student: ODEDOYIN
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pricing and other derivatives. Although much attention will be paid to the theoretical constructs of the material‚ the emphasis will be placed on applications throughout the course. Course Materials. The main text for the course is Bodie Z.‚ A. Kane‚ A.J. Marcus‚ S. Perrakis and P. Ryan‚ Investments‚ 7th Canadian edition McGraw Hill Ryerson The class will also have an OWL site where some but definitely NOT ALL extra material will be posted. The web site will not contain enough material for you
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References: Beechey‚ M.‚ Gruen‚ D.‚ & Vickery‚ J. (2000‚ January). The Efficient Market Hypothesis: A Survey. Retrieved March 15‚ 2008‚ from RBA: http://www.rba.gov.au/rdp/RDP2000-01.pdf Bodie‚ Z.‚ Kane‚ A.‚ & Marcus‚ A. J. (2004). Essentials of Investments 5e. In Behavioral Finance and Technical Analysis. New York: McGraw-Hill. Retrieved on March 14‚ 2008‚ from http://highered.mcgraw-hill.com/sites/dl/free/0072510773/71083/bodie_sample_ch19.pdf Evolution
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