'Risk free interest rate' diaporamas de présentation

Valuation of Cash Flows

Valuation of Cash Flows. Chapter 3.1-3.3 Chapter 4. outline. Market prices and valuation of financial assets The Time Value of Money Present value and future value Valuation of streams of cash flows Valuation of Annuities and Perpetuities Practice questions.

917 views • 68 slides

664 views • 56 slides

Enterprise Risk Management Not just insurance, auditing, risk analysis

642 views • 47 slides

Valuing Bonds (integration)

Advanced Corporate Finance October 20, 2017. Valuing Bonds (integration). Lecture 6 Francesco Baldi. Index. Bond Cash Flows, Prices, and Yields Dynamic Behavior of Bond Prices The Yield Curve and Bond Arbitrage Corporate Bonds. Bond Terminology.

435 views • 43 slides

Option Pricing Theory

Advanced Corporate Finance September 22, 2017. Option Pricing Theory. Lecture 2 Francesco Baldi. The No-Arbitrage Principle.

468 views • 35 slides

Advanced Finance 2007-2008 Introduction

292 views • 29 slides

Option Pricing: The Multi Period Binomial Model

421 views • 27 slides

CHAPTER 9

CHAPTER 9. Mortgage Markets. CHAPTER 9 OVERVIEW. This chapter will: Describe the characteristics of residential mortgages Describe the common types of residential mortgages Explain how mortgage-backed securities are used Explain how to make an amortization schedule.

392 views • 24 slides

Pricing pension funds guarantees using a copula approach

312 views • 23 slides

CHAPTER 16 Introduction to Credit Risk

CHAPTER 16 Introduction to Credit Risk. What is in this Chapter? INTRODUCTION SOURCES OF CREDIT RISK THE CREDIT LIFE CYCLE WHY MEASURE CREDIT RISK?. INTRODUCTION. The taking of credit risk has always been a core activity for banks

364 views • 19 slides

Currency and Foreign Exchange Derivatives

Currency and Foreign Exchange Derivatives. Jeff Capasso and Scott Bruckner. Overview. Currency on an International Level Limitations and Risks Forwards and Futures Foreign Exchange (FX) options. What is an FX Market?. Characteristics of Foreign Exchange. Spot Transaction vs. Forward

353 views • 17 slides

Valuation of a Basket CDS & CDO

Valuation of a Basket CDS & CDO. John C. Hull < Option, Futures, and Other Derivatives > 6E, Chap.21.8. Pricing kth-to-Default Swap. ???? ???????????? ??? ? Example ????????????????????????????? First-to-Default Swap ?????????. Gaussian Copula Model.

303 views • 16 slides

Price of Risk

235 views • 14 slides

CHAPTER 2

CHAPTER 2. Risk and Return. Topics in Chapter 2. Basic return measurement Types of Risk addressed in Ch 2: Stand-alone (total) risk Portfolio (market) risk (Later, in Chapters 10 & 13, we consider within-firm risk) Relationship between risk and return: CAPM/SML. Investment Returns.

279 views • 12 slides

CHAPTER 6

CHAPTER 6. Risk, Return, and the Capital Asset Pricing Model (CAPM). Topics in Chapter 6. Basic return measurement Types of Risk addressed in Ch 6 Stand-alone (total) risk Portfolio (market) risk Relationship between risk and return: CAPM/SML. Investment Returns.

246 views • 12 slides

Lecture-1

Lecture-1. Financial Decision Making and the Law of one Price Berk , De Marzo Chapter 3. Valuing Decisions. Competitive Market : A market in which goods can be bought and sold at the same price.

302 views • 10 slides

A Guide to Pricing Equity Warrants

An equity warrant is an option on the equity of a firm issued by the same firm, which gives the holder the right to purchase shares at a fixed price from the firm at a future date. When a warrant is exercised, the firm typically issues new shares at the exercise price to fill the order. The resulting increase in shares outstanding dilutes the share value. This presentation gives an overview of European equity warrants product and valuation. You can find more details at http://www.finpricing.com/lib/EqWarrant.html

115 views • 10 slides

CAPM

CAPM. The Capital Market Line CML. Drawing the Capital Market Line. Step 1. Plot each portfolio onto the Risk/Return Chart. Return. Rp. Risk. Drawing the Capital Market Line. Step 2. Freehand draw the efficiency frontier by joining the outermost points to form a smooth curve. Return. Rp.

317 views • 5 slides