PROTECTION OF INVESTORS IN PRIMARY MARKET (IPOs) THROUGH ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS (ICDR) 1. INTRODUCTION We have discussed in previous chapter that SEBI has wide powers to regulate the securities market and to protect the interest of investors in primary market as well as secondary market. The board has powers to regulate the functioning of stock broker‚ sub brokers or other intermediaries‚ so that investor’s money can not be lost by malpractices or in other
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beta of equity from the two comparable companies Orange and Tomy by estimating regression of returns on the market return. Unlever these equity beta using the actual capital structure of these companies to get their asset beta Take the equally- or value-weighted average of asset beta across the two comparable companies The case state that the upgrade will increase risk by 50% Take asset beta estimated in the question above‚ and increase it by 50% Estimate the market historical return using the
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How Does Equity Fulfill the Common Law Common Law Equity fulfils the common law‚ although it does not endeavour to displace it with a moral code. In order to be influential‚ the law is to be professed as both certain and predictable‚ and also flexible and fair. Specifically‚ it needs clear rules on the one hand‚ but flexibility on the other to produce exceptions to cases that lead to apparently incongruous or unjust conclusions if the rules are
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On the correlation between commodity and equity returns: implications for portfolio allocation by Marco Lombardi and Francesco Ravazzolo Monetary and Economic Department July 2013 JEL classification: C11‚ C15‚ C53‚ E17‚ G17. Keywords: Commodity prices‚ equity prices‚ density forecasting‚ correlation‚ Bayesian DCC. BIS Working Papers are written by members of the Monetary and Economic Department of the Bank for International Settlements‚ and from time to time by other economists‚ and are
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1. (Problem 1.12) Suppose bank’s loan officer tells you that if you take out a mortgage (i.e.‚ you borrow money to buy a house) you will be permitted to borrow no more than 80% of the value of the house. Describe this transaction using the terminology of short-sales. Answer: We are interested in borrowing the asset “money” to buy a house. Therefore‚ we go to an owner of the asset‚ called Bank. The Bank provides the dollar amount‚ say $250‚000‚ in digital form in our mortgage
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Essay «Men come from Mars and women come from Venus» this popular quote has a degree of truth. A lot of relationship require compromises and adaptation. Sometimes you have to go against your family; even after years of marriage‚ you have to make efforts and be patient; and itʼs important to adapt to the lifestyle of your boyfriend/girlfriend. To make a relationship work you could go against to your family. Today‚ religion encourage a lot of conflicts and wars. My best friendʼs parents
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to maturity on this bond ? What is the approximate YTM ? [Ans: 12.60 %‚ 12.62 %] 8. A firm issues a bond today with a $1‚000 face value‚ an 8% coupon interest rate‚ and 25-year maturity. An investor purchases the bond for $1‚000. What is the yield to maturity (YTM)? [Ans: 8%] 9. Suppose the investor bought the bond described in the previous problem for $900. What is the YTM? [Ans: 9.0197] 10. Suppose the bond described in the previous two problems has a price of $1‚100 five years after it
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resulting in higher quality education. Education would be treated as an investment‚ a risk will be taken by paying for education‚ which later will result in higher pay. On the other hand‚ in a communist system‚ education would be free‚ and equal to everyone. But certain people will be forced to receive higher level education to work in higher positions. Which imposes another problem‚ people forced to pursue higher education will revolt since their pay would not correlate with the higher education‚
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There is no higher religion than human service. To work for the common good is the greatest creed” (Woodrow Wilson). There isn’t anything as important as working together for the common good of our community; personally‚ this would mean to bring change and cooperate with others to create an impact. I believe that volunteering is not only about completing the necessaries hours to graduate‚ it’s also about helping the vulnerable and the less fortunate or even helping to doing little things that can
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A stock market is a market for the trading of company stock‚ and derivatives of same; both of these are securities listed on a stock exchange as well as those only traded privately. Contents [hide] [ The term ’the stock market ’ is a concept for the mechanism that enables the trading of company stocks (collective shares)‚ other securities‚ and derivatives. Bonds are still traditionally traded in an informal‚ over-the-counter market known as the bond market. Commodities are traded in commodities
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