Introduction 2 Major Theories in Finance Three major pillars of modern finance. Capital Asset Pricing Model (CAPM) Relates the risk of an asset to its required expected return. Dividend and Capital Structure Irrelevance (M and M) In a perfect world: i) A firm’s share value does not depend on the firm’s dividend policy. ii) The firm‟s total value does not depend on the amount of debt it has. Option Pricing Theory Can find the value of an option. Shares are a call option on the firm’s
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Faculty of Business‚ Economics and Law FIN5PMT Faculty of Business‚ Economics and Law Strategic Asset Allocation and Systematic Risk In the long run‚ investors expect compensation for bearing risk they cannot diversify away. (non-diversifiable/systematic risk) Distinct asset classes have distinct risk exposures to different factors. A key economic role of strategic asset allocation: specifies the investor’s desired exposures to systematic risk. Strategic asset allocation: indicates
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TABLE OF CONTENT 1. INDUSTRY OVERVIEW 1 1.1 Background 1 1.2 Introduction 1 2. CALCULATION OF RISK-FREE‚ MARKET RETURN AND SYSTEMATIC RISK 2 3. DUTCH-BANGLA BANK LIMITED 4 3.1 Company overview 4 3.2 Calculation of Rate of Return 4 3.3 Calculation of present value of the stocks 5 4. BRAC Bank 9 4.1 Company Overview 9 4.2 Calculation of Rate of Return 10 4.3 Calculation of present value of the stocks 10 5. AB Bank Ltd. 12 5.1 Company Overview 12 5.2 Calculation of
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The Issue The Islamic world is huge with over 1.2 billion people. Except for a handful of countries in Southeast Asia and the Middle East‚ there are high and rising poverty levels in both urban and rural parts of most Muslim countries. Poverty levels have also been associated with high inequality alongside low productivity. For example‚ in Indonesia alone that is world’s largest Muslim population‚ over half of the population which is about 129 million are poor or vulnerable to poverty with incomes
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TERM PAPER ON GUJARAT GAS COMPANY LTD HISTORY: GUJRAT GAS COMPANY IS ONE OF INDIA’S LEADING NATURAL GAS DISTRIBUTION COMPANIES. IT ESTABLISHED IN 1980 AND HEADQUARTERD IN AHMEDABAD.THE COMPANY OPERATES PRIMARILY IN GUJRAT.THE COMPANY WENT PUBLIC IN 1991. THE BG ACUIRED A MAJORITY STAKE IN THE COMPANY IN 1997. OPERATIONS: AS OF 2010 GUJARAT GAS LTD SUPPLIED PIPED GAS TO OVER 3‚00‚000 HOMES‚ COMMERCIAL AND INDUSTRIAL ESTABLISHMENTS ACROSS GUJARAT
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Financial Management WORKBOOK The ICFAI University # 52‚ Nagarjuna Hills‚ Hyderabad - 500 082 © 2005 The Icfai University Press. All rights reserved. No part of this publication may be reproduced‚ stored in a retrieval system‚ used in a spreadsheet‚ or transmitted in any form or by any means – electronic‚ mechanical‚ photocopying or otherwise – without prior permission in writing from The Icfai University Press. ISBN : 81-7881-969-4 Ref. No. FMWB 11200502 For any clarification
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Ford Motor Company (NYSE: F) Ford Motor Company – A History Vehicle History Ford Motor Company was founded by Henry Ford in Detroit‚ Michigan. Ford was a skilled craftsman‚ who used his skills to create an experimental car in 1896. He created a two cylinder vehicle that was capable of going up to 20 mph. Ford left his primary job in 1899 to create Detroit Automobile Company and produced the Model A in 1903. The car had an under the floor engine and sold for $850. This car sold 1‚708 units
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INVESTMENT OPPORTUNITIES DURING STOCK PRICE BUBBLES Table of contents 1. Introduction…………………………………………………………………………………… 2. The movements of stock prices……………………………………………………………….. 3. The existence of stock price bubbles………………………………………………………….. 4. The limitations to arbitrage……………………………………………………………………. 5. Heterogeneities among rational arbitrageurs................................................................................ 6. Stock bubble trading
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Woolworths’ Limited – Strategic and Operational Approaches to Corporate Sustainability Executive Summary Woolworths Limited is one of Australia’s largest retailers with a presence in food‚ liquor‚ hotels‚ gaming‚ general merchandise‚ hardware‚ consumer finance and electronics. The company has a 90 year history of growth and innovation and has had a record of social responsibility along the way demonstrated with its support of community and charity organisations. Further to this the company
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CONTENTS Chapter 1 WHY MUTUAL FUND EXECUTIVE SUMMARY OBJECTIVE Chapter 2 ORGANISATION STRUCTURE AND DESIGN PRODUCT AND SERVICES Chapter 3 INTRODUCTION HOW DO MUTUAL FUND OPERATE WHY INVEST IN MUTUALFUND ADVANTAGES DISADVANTAGES TYPES OF MUTUAL FUND BOMBAY STOCK EXCHANGE RELATION OF THE STOCK MARKET TO THE MODERN FINANCIAL SYSTEM STOCK MARKET INDEX RISK DEFINING MUTUAL FUND RISK BASIS OF COMPARISON OF VARIOUS SCHEMES OF MUTUAL FUND Chapter 4 OBJECTIVE HOW TO SELECT MUTUAL
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