asset pricing model (CAPM) and the security market line Risk and Return M K Lai Page 2 Introduction to Risk and Return finance can be complicated‚ but it can be reduced to three basic concepts cash flows Risk and Return time value of money risk and return M K Lai building blocks in finance Page 3 Basic Assumptions in Finance people are rational people prefer more wealth to less (higher expected return) people are risk averse investors require compensation
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Sarbanes-Oxley act of 2002 was passed to: Establish auditing standards. 4) In general‚ what is changing as you read down the left hand side of a balance sheet? The assets are becoming less liquid. 5) Early in the history of finance‚ an important issue was: Liquidity 6) When shareholder A sells its Ford stock to shareholder B in the secondary market‚ such as on the New York Stock Exchange‚ how much money is received by Ford? Ford will receive nothing. 7) The appropriate
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NATIONAL INSTITUTE OF SECURITIES MARKETS An Educational Initiative by SEBI Curriculum NISM-Series-VIII: Equity Derivatives Certification Examination VIII: I. Basics of Derivatives A. Basics of derivatives B. Evolution of derivatives m market C. Indian derivatives Market erivatives D. Market participants E. Types of derivatives market erivatives markets F. Significance of derivatives erivatives G. Various risk faced by the participants in derivatives II. Understanding Index A.
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Kant Touch This – A Look into Moral Significance of Action Immanuel Kant’s Groundwork of the Metaphysics of Morals is not an easy read. Kant’s writing is very dense and he uses a unique vocabulary. I am going to try to explain Kant’s three Propositions‚ and then show how the third Proposition follows from the first two. It’s hard at a glance to see how they are connected‚ but I am going to try to clarify the text so we can see it more clearly. We will also look at examples that can help give
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A Review of Thomas Nagel’s ‘The Absurd’ PHIL102000 June 30‚ 2012 Professor S. Gallegos ABSTRACT In his paper‚ The Absurd‚ Thomas Nagel attempts to provide some insight regarding the problem of the meaning of life. He makes clear‚ his conception of this problem‚ which concerns the natural expression of the sense that life is Absurd‚ and then offers a persuasive account of what such absurdity might consist in. I believe that Nagel’s proposal provides important insight
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17/07/2013 Finance Semester 2‚ 2013 Seminar 1 Introduction to finance & ethics in finance Ross et al. chapter 1. These powerpoint slides have been adapted from Frank Finn Professor of Finance Tom Smith’s (UQ) teaching material of “Three key finance ideas of valuation” and Dr. Scott McCarthy’s teaching material. 1 What is Finance? • Every business is a process of acquiring and disposing assets: real assets and financial assets. • Finance is a science of valuation and management
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PHIL KNIGHT Phil Knight is the founder and CEO of the athletic gear company‚ Nike. He was born in Portland‚ Oregon‚ on February 24th‚ 1938. Knight and Nike helped start a sports business revolution in the 1970s‚ changing old-fashioned tennis shoes into highly specialized equipment and promoting them as symbols of athletic prowess and success. Nike’s success made Knight one of America’s wealthiest men. Celebrity Endorsement Strategy Known as a taskmaster CEO‚ Knight
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excellent running shoes. Phil Knight and his running coach‚ Bill Bowerman‚ changed the way people ran by selling shoes out the back of Knight’s car. Knight wanted people to be able to have a comfortable running shoe for a good price. Knight and Bowerman joined together to create a shoe company called Nike. Phil Knight was born February 24‚ 1938 and is the son of a prestigious lawyer and newspaper publisher William Knight and his wife Lota. Knight’s father was a someone pushed Phil Knight and wanted
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South East University Assignment Managerial finance (5133) Semester: Spring 2013 Problem-1 Warf Computers‚ Inc.‚ was founded 15 years ago by Nick Warf‚ a computer programmer. The small initial investment to start the company was made by Nick and his friends. Over the years‚ this same group has supplied the limited additional investment needed by the company in the form of both equity and short-and long-term debt. Recently the company has developed a virtual keyboard (VK). The VK uses sophisticated
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Question 1 Mark Sexton and Todd Story‚ the owners of S&S Air‚ have decided to expand their operations. They instructed their newly hired financial analyst‚ Chris Guthrie‚ to enlist an underwriter to help sell $35 million in new 10-year bonds to finance construction. Chris has entered into discussion with Kim McKenzie‚ an underwriter from the firm of Raines and Warren‚ about which bond features S&S Air should consider and what coupon rate the issue will likely have. Although Chris is aware of
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