'Liquidity premium' presentation slideshows

Brigham & Ehrhardt

Brigham & Ehrhardt. Financial Management: Theory and Practice 14e. Chapter 5. Bonds, Bond Valuation, and Interest Rates. Topics in Chapter. Key features of bonds Bond valuation Measuring yield Assessing risk. Determinants of Intrinsic Value: The Cost of Debt. Net operating

2.45k views • 53 slides

Chapter 5

Chapter 5. Bonds, Bond Valuation, and Interest Rates. Topics in Chapter. Key features of bonds Bond valuation Measuring yield Assessing risk. Key Features of a Bond. Par value: Face amount; paid at maturity. Assume $1,000.

737 views • 52 slides

Chapter 5

Chapter 5. Bonds, Bond Valuation, and Interest Rates. Topics in Chapter. Key features of bonds Bond valuation Measuring yield Assessing risk. Determinants of Intrinsic Value: The Cost of Debt. Net operating profit after taxes. Required investments in operating capital. ?.

673 views • 52 slides

Chapter 5

Chapter 5. Bonds, Bond Valuation, and Interest Rates. Topics in Chapter. Key features of bonds Bond valuation Measuring yield Assessing risk. Determinants of Intrinsic Value: The Cost of Debt. Net operating profit after taxes. Required investments in operating capital. ?.

601 views • 52 slides

Financial Markets: Transfer of Capital

832 views • 39 slides

FNCE 3020 Financial Markets and Institutions Fall Semester 2006

FNCE 3020 Financial Markets and Institutions Fall Semester 2006. Lecture 5: Part 2 Forecasting Interest Rates with the Yield Curve. Forecasting Interest Rates with the Term Structure (Yield Curve).

462 views • 31 slides

Chapter 6

Chapter 6. The Risk and Term Structure of Interest Rates. Overview. Different bond types, maturity levels, different interest rates.

697 views • 30 slides

CHAPTER 4 The Financial Environment: Markets, Institutions, and Interest Rates

CHAPTER 4 The Financial Environment: Markets, Institutions, and Interest Rates. Financial markets Types of financial institutions Determinants of interest rates Yield curves. What is a market?. A market is a venue where goods and services are exchanged.

519 views • 29 slides

The Risk and Term Structure of Interest Rates

Mishkin/Serletis The Economics of Money, Banking, and Financial Markets Fifth Canadian Edition. Chapter 6. The Risk and Term Structure of Interest Rates. Learning Objectives. Describe how default risk, liquidity, and tax considerations affect interest rates

787 views • 29 slides

On the Liquidity and Performance of U.S. Small-Cap Stock Mutual Funds ????????????????????

On the Liquidity and Performance of U.S. Small-Cap Stock Mutual Funds ????????????????????. Bill Ding, Yongjia Li, Hany Shawky and Jianbo Tian State University of New York at Albany. Motivation. The current financial crisis in the US:

391 views • 28 slides

The Capital Asset Pricing Model

The Capital Asset Pricing Model. Chapter 9. Capital Asset Pricing Model (CAPM). Equilibrium model that underlies all modern financial theory Derived using principles of diversification with simplified assumptions

600 views • 26 slides

Chapter 9

Chapter 9. The Capital Asset Pricing Model. Capital Asset Pricing Model (CAPM). Equilibrium model that underlies all modern financial theory Derived using principles of diversification with simplified assumptions

408 views • 22 slides

Emerging Derivative Markets market development and risk management issues

544 views • 21 slides

Lecture 14: Stock market basics and stock pricing

523 views • 20 slides

Money and Banking

Money and Banking. Chapter 6 The Risk and Term Structure of Interest Rates. Learning Objectives. Identify three factors that explain the risk structure of interest rates . List and explain the three theories of why interest rates vary across maturities. Risk Structure of Interest Rates.

527 views • 20 slides

Lecture 14: Stock market basics and stock pricing

397 views • 20 slides

U-3 and U-6 Unemployment Rates

U-3 and U-6 Unemployment Rates. Civilian Labor Pool = 155 million U-3 = 7.2% of civilian labor pool (7.9 last year) Those without jobs, who are available to work and who have actively sought work in the prior four weeks .

266 views • 20 slides

Chapter 5

483 views • 15 slides

Liquidity Risk / Cost

658 views • 8 slides

INTEREST RATES CHAPTER 6

INTEREST RATES CHAPTER 6. Cost of Credit Determinants of Interest Rates Term Structure. Cost of Credit. Interest rates reflect the cost of borrowing money (or capital) Four Principal Factors Influencing Rates Investment opportunities Time preferences for consumption

301 views • 7 slides