Trident University FIN501 Module 3-SLP Dr. Glenn Tenney Risk and return‚ portfolio diversification and the Capital Asset Pricing Model; The cost of equity Session Long Project company: Target Corp. 1. Beta of Target= .43 Yield to Maturity (Risk free rate)= 0.19% Risk premium=7% Cost of equity of Target= Risk free rate +Beta*Risk premium =.19%+.43*7% =.032%= Answer 2. Beta of Wal-Mart: 0.4 Cost of equity of Wal-Mart= Risk free rate +Beta*Risk premium =.19%+.4*7%
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2013年CFA二级培训项目 Economics 何旋 金程教育资深培训师 日期：2012年12月16日 地点： ■ 上海 □北京 □深圳 何旋 ¾ 职称：金程教育资深培训师、通过CFA三级、通过FRM二级 ¾ 授课：主讲CFA一级、二级、三级固定收益、衍生产品，一级、二级数 量分析和组合管理、经济学、职业伦理，FRM一级二级，RFP投资策划 课程等。 ¾ 专业能力：讲课幽默风趣，最擅长的是将复杂问题简单化，通过举大量 实例帮助学员理解复杂问题。金融理论知识扎实，在金融教学中有自己 独到的方法。多年对CFA、FRM、RFP等考试体系的研究使她全面掌握 考试重点，尤其擅长经济学、投资学课程的讲授，能将复杂的理论具体 化，在授课过程中能够从考生角度出发，提供自己在备考过程中的经验 和方法，帮助考生更好的准备考试。 ¾ 客户：摩根史丹利、工商银行、中国银行、瑞穗实业银行、南京银行、 兴业基金、太平洋保险等。 ¾ 联系方法：hexuanf@gmail.com ¾ 微博：何旋katherine 2-94 100% Contribution Breeds Professionalism CFA二级课程框架
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Department of Economics and Finance: Baruch College-CUNY Fin 9786: International Financial Markets (Section PTR) (T & Th: 5.50 pm – 7.05 pm: Room 8-155‚ VC‚ & Wasserman Trading Floor Fall‚ 2011 |Professor Jae W. Lee‚ Department of Economics and Finance Baruch |CNUYBlackboard Site: | |College-CUNY‚ New York‚ NY 10010 |https://portal.cuny.edu/portal/site/cuny/index.jsp?epi-content=LOGIN
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customers‚ when there is no difference in the cost to produce the product. Price discrimination is done to maximize profits. This occurs when market prices are set differently to different buyers‚ according to the willingness of each buyer to pay (demand curve) rather than setting a uniform price. It can be seen in the image below how if the seller kept the uniform price of Africa’s willingness to pay‚ the seller would lose a large amount of profit from Europe. For price discrimination to be successful
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flow‚ methods of measurement‚ forms‚ real-nominal‚ limitations‚ importance of savings‚ PPF 2 3 Aggregate Demand‚ Aggregate supply‚ Inflation‚ price index‚ theories of inflation‚ causes and effects‚ Indexation 3 4 Unemployment‚ Phillip’s curve‚ Stagflation‚ Okun’s law‚ Sacrifice ratio‚ Misery index 1 5 Keynesian Overview‚ Multiplier‚ Accelerator‚ Leverage effect‚ consumption function‚ investment function 2 6 Business Cycles‚ theories of business cycles‚ counter-cyclical policies
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Financial Risk Management Financial Risk Management Assignment 1 Tutor: Thanh Nguyen Tutorial Time: 12pm (ED1 401) Vaishnav Dhimaan (15902398) Vipul Joshi (15905149) Financial Risk Management‚ FIN3FRM Semester 2‚ 2012 Assignment 1 Q.1 An investor enters into a short forward contract to sell 100‚000 British pounds for U.S. dollars at an exchange rate of 1.9000 U.S. dollars per pound. How much
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Capital Management‚ Llc (a) Executive Summary: The objective of this report is to evaluate investment opportunities for Strategic Capital Management‚ LLC regarding stocks of Creative Computer and/or its subsidiary firm Ubid. The analysis deduces arbitrage to be the best investment strategy. Strategic Capital Management (SCM)‚ LLC: SCM is a recent entrepreneur venture founded by Elena King and two of her fellow classmates. The company has currently generated 20 million dollars and aims for annual
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Research shows that some publicly available information such as dividend yields can be used to predict future security returns. Discuss whether this fact violates any form of the efficient market hypothesis. The ability to use public information such as dividend yields to predict future stock returns is a violation of the semi strong form of the efficient market hypothesis (EMH). Public information‚ such as dividend yields should be fully reflected in current security prices if the semi strong
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The efficient-market hypothesis emphasizes that arbitrage will rapidly eliminate any profit opportunities and drive market prices back to fair value. Behavioral-finance specialists may concede that there are no easy profits‚ but argue that arbitrage is costly and sometimes slow-working‚ so that deviations from fair value may persist. Sorting out the puzzles will take time‚ but we suggest that financial managers should assume‚ at least as a starting point‚ that there are no free lunches to be
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eliminate all positive-NPV trading opportunities or‚ equivalently‚ that securities with equivalent risk should have the same expected return based on their future cash flows‚ given all information that is available to investors. Definition of arbitrage: It is known as the practice of buying the low-priced goods and selling them at higher prices in different markets or in different forms to gain the guaranteed profit with no risk involved. Definition of three forms of market efficiency: There
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