1 Risk 1.2 Capital Asset Pricing Model The estimation of systematic risk (or ‘beta’) is central to the implementation of the capital asset pricing model (CAPM) for researchers and practitioners. Markowitz (1952) argued that investors should be concerned with holding efficient portfolios‚ that is‚ a portfolio offering the highest expected return for each level of risk. Sharpe (1964) and Lintner (1965) took Markowitz’s work one step further to develop the CAPM to explain the relationship between
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turnout. The reported turnout (Voting-age Population or VAP) is the result of the population who are aged 18 and older. This turnout rate includes people that are ineligible to vote which include felons and non-citizens. The more accurate measure of voter turnout is the Voting-eligible population (VEP). This turnout rate subtracts the ineligible population. The VEP turnout rate is normally higher than that of the VAP. The United States is the world’s most powerful country but the voter
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Ch.5 Yield (total return) = Dollar inc + (end-beg) beg. Value Risk of Return = r= Risk Free rate + Risk Prem r=rRF+DRP+LP+MRP Risk Free Rate = rRF = r* + IP -effects of int rates on PV/Price of securities: int goes up‚ value of bonds goes down‚ stock goes down (NPV) Prices -factors that influence int rates/yield curve 1.production opportunities-return avail w/in an economy from inves. In productive asset; higher prod opp‚ higher return 2. Time preferences for consumption 3
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The rate of a chemical reaction is the measure of change in concentration of the reactants of the change in concentration of the products per time. The rate of a chemical reaction is influenced by the concentration of the reactants‚ temperature‚ and the presence or absence of a catalyst. Through finding the time and concentrations of the reactants‚ it is possible to find the rate of reaction and k. To perform this experiment‚ you need two erlenmeyer flasks‚a timer‚ a LabQuest with a temperature
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THE EFFECTS OF EXCHANGE RATE IN INFLATION OUTPUT AND THE CURRENT ACCOUNT ABSTRACT The empirical studies on the effects of changes in exchange rates on inflation and real activity can be broadly divided into four categories: Single-equation econometric methods‚ Vector autoregressive (VAR) models‚ Structural macro econometric models and DSGE models - Dynamic stochastic general equilibrium. Methodologies: First‚ most participants use single-equation econometric methods that estimate
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PTV Home Tariff Prime time spot rates and sponsorship charges (7:45 PM to 9:00 PM) Spot Rates Duration Of Spot Karachi Center Lahore Center Islamabad center Peshawar Center Quetta Center 07::seconds 3‚065 2‚945 2‚365 615 370 15::seconds 5‚905 5‚685 4‚570 1‚170 680 30::seconds 10‚495 10‚095 8‚100 2‚075 1‚170 60::seconds 15‚745 15‚140 12‚150 3‚120 1‚755 Prime Time Sponsorship Charges (7:45 PM to 9:00 PM) Rs.178‚150 per minute. Non-Prime Time Sponsorship charges Time Slots Tariff 06:00 AM to 05:00
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Interet rates Page161 Interest rate quotes and adjustments 5-1. Your bank is offering you an account that will pay 20% interest in total for a two-year deposit. Determine the equivalent discount rate for a period length of a. Six months. b. One year. c. One month. a. Since 6 months is [pic] of 2 years‚ using our rule [pic] So the equivalent 6 month rate is 4.66%. b. Since one year is half of 2 years [pic] So the equivalent 1 year rate is 9.54%. c. Since one month is
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Interest rate pass-through: the case of Hungary Csilla Horváth‚ Judit Krekó‚ Anna Naszódi Magyar Nemzeti Bank‚ Budapest‚ 1850‚ Szabadság tér 8-9‚ Hungary Telephone: 00-36-1-428-2600‚ Fax: 00-36-1-428-2590 Email: horvathcs@mnb.hu‚ krekoj@mnb.hu‚ naszodia@mnb.hu 1 Interest rate pass-through: the case of Hungary Csilla Horváth‚ Judit Krekó‚ Anna Naszódi Abstract In this paper we analyze the interest rate pass-through in Hungary‚ with the help of ECM and TAR models‚ using both aggregated and bank
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single corporate hurdle rate to evaluate its investment decisions in its products and systems segment as well as its telecommunications segment. Using only one hurdle rate doesn’t take into account the risk that the company faces within each segment. Investors demand higher returns for riskier investments. Victor Yossarian is concerned about the low returns for the high risk in the products and systems segment‚ this is why he wants to abandon this segment. Using two hurdle rates adjusts for the risk
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industry. With India being one of the favorites for outsourced business‚ the business of BPO’s has increased to many folds. The business which was worth $4 billion in 2004 rose to $65 billion in 2010 as per the research conducted by McKinsey & Company. It has given ample employment opportunities to Indian people. But this also showed the negative side of the business. It has been said that it costs thrice as much to recruit a new employee than to keep an existing one. This can be very well understood
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