discount rates
... depend upon when the cash flow is expected to occur and will vary across time. Currencies matter: A risk free rate is currency-specific and can be very different for different currencies. Not all government securities are riskfree: Some governments face default risk and the rates on bonds issued ...
... depend upon when the cash flow is expected to occur and will vary across time. Currencies matter: A risk free rate is currency-specific and can be very different for different currencies. Not all government securities are riskfree: Some governments face default risk and the rates on bonds issued ...
ca-ipcc (1st group) financial management (71 imp questions)
... and using the proceeds to invest in risk-free or near to risk-free securities. He may also opt for increasing profit through other non-operational activities like disposal of fixed assets etc. This would result in a consistent decrease in the shareholders profit – that is earning per share would fal ...
... and using the proceeds to invest in risk-free or near to risk-free securities. He may also opt for increasing profit through other non-operational activities like disposal of fixed assets etc. This would result in a consistent decrease in the shareholders profit – that is earning per share would fal ...
Online Chapter 15 LEASE FINANCING AND BUSINESS VALUATION
... were essentially in the same financial position. Conversely, other people argued that investors would be better served if all leases were capitalized (shown directly on the balance sheet). Current accounting requirements are a compromise between these two positions, although one that is tilted heavi ...
... were essentially in the same financial position. Conversely, other people argued that investors would be better served if all leases were capitalized (shown directly on the balance sheet). Current accounting requirements are a compromise between these two positions, although one that is tilted heavi ...
Significance of the Social Security Trust Funds
... trust funds lend the excess revenue (surplus) to the general fund of the Treasury in some years, and require repayments of such loans in other years when there is revenue shortfall (deficit). From another perspective, the buildup of the trust funds serves a distributional or smoothing function. The ...
... trust funds lend the excess revenue (surplus) to the general fund of the Treasury in some years, and require repayments of such loans in other years when there is revenue shortfall (deficit). From another perspective, the buildup of the trust funds serves a distributional or smoothing function. The ...
Filed Pursuant to Rule 424(b)(2) Registration Statement No. 333
... MLPF&S engages in any market-making activities, it may bid for or offer the notes. Any price at which MLPF&S may bid for, offer, purchase, or sell any notes may differ from the values determined by pricing models that it may use, whether as a result of dealer discounts, mark-ups, or other transacti ...
... MLPF&S engages in any market-making activities, it may bid for or offer the notes. Any price at which MLPF&S may bid for, offer, purchase, or sell any notes may differ from the values determined by pricing models that it may use, whether as a result of dealer discounts, mark-ups, or other transacti ...
NBER WORKING PAPER MARKETS AND PLANNING
... uncertainty, which makes the effectiveplanning horizon of the centralized government shorter than that of the private sector. The consequence of overdiscounting is to shift the supply curve facing the economy leftwards.The role of optimal borrowing policies in the presence of country risk is to disc ...
... uncertainty, which makes the effectiveplanning horizon of the centralized government shorter than that of the private sector. The consequence of overdiscounting is to shift the supply curve facing the economy leftwards.The role of optimal borrowing policies in the presence of country risk is to disc ...
Dynamic Monitoring of Financial Intermediaries with Subordinated
... Subordinated debt proposals also presume that yield spreads are more informative than equity prices. This presumption is largely based on the response to the stochastic properties of different investments exhibited by the call and put options respectively implicit in the equity and debt issued by t ...
... Subordinated debt proposals also presume that yield spreads are more informative than equity prices. This presumption is largely based on the response to the stochastic properties of different investments exhibited by the call and put options respectively implicit in the equity and debt issued by t ...
The Equity Imperative - Improving Active Risk
... their favorite names as much as they like, but can only fully underweight their least favorite names in a few cases where the benchmark weight is large enough to accommodate the desired underweight. Since the overweights and underweights must balance each other out, the no-short constraint effective ...
... their favorite names as much as they like, but can only fully underweight their least favorite names in a few cases where the benchmark weight is large enough to accommodate the desired underweight. Since the overweights and underweights must balance each other out, the no-short constraint effective ...
Using the Bank Anti-Tying Provision to Curb Financial Risk
... Imaged with Persmission of N.Y.U. Journal of Law and Business ...
... Imaged with Persmission of N.Y.U. Journal of Law and Business ...
presentation
... competitive and regulatory environment. The Group may be unable to: - anticipate all the risks, uncertainties or other factors likely to affect its business and to appraise their potential consequences; - evaluate the extent to which the occurrence of a risk or a combination of risks could cause act ...
... competitive and regulatory environment. The Group may be unable to: - anticipate all the risks, uncertainties or other factors likely to affect its business and to appraise their potential consequences; - evaluate the extent to which the occurrence of a risk or a combination of risks could cause act ...
debt indicators - Henrico County
... direct debt minus self-supporting debt such as revenue bonds or special assessment bonds, which have a repayment source separate from general tax revenues. An increase in net direct long-term debt as a percentage of real property valuation can indicate that a locality's ability to repay its obligati ...
... direct debt minus self-supporting debt such as revenue bonds or special assessment bonds, which have a repayment source separate from general tax revenues. An increase in net direct long-term debt as a percentage of real property valuation can indicate that a locality's ability to repay its obligati ...
Alternative risk premia investing: from theory to practice
... For illustrative purposes only. The two series are based on a developed markets (G10 currencies) carry strategy. The strategy is riskweighted, where a long (short) position is held in a currency whose risk-free rate differential vs. the USD risk-free rate is higher (lower) than the median. The risk ...
... For illustrative purposes only. The two series are based on a developed markets (G10 currencies) carry strategy. The strategy is riskweighted, where a long (short) position is held in a currency whose risk-free rate differential vs. the USD risk-free rate is higher (lower) than the median. The risk ...
APPLE INC (Form: 424B2, Received: 11/04/2014 06:07:42)
... United Kingdom that are qualified investors within the meaning of Article 2(1)(e) of the Prospectus Directive and that are also (1) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”) or (2) high net wort ...
... United Kingdom that are qualified investors within the meaning of Article 2(1)(e) of the Prospectus Directive and that are also (1) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”) or (2) high net wort ...
ESG integration in high yield portfolios
... debt financing and generally have higher borrowing costs (on average, 20% higher) and lower credit ratings than issuers with environmental strengths.10 In times of stress, this reduced financial flexibility could prove challenging as companies struggle to maintain operations. Studies on social issue ...
... debt financing and generally have higher borrowing costs (on average, 20% higher) and lower credit ratings than issuers with environmental strengths.10 In times of stress, this reduced financial flexibility could prove challenging as companies struggle to maintain operations. Studies on social issue ...
Sovereign and corporate credit risk
... transactions. Following such restrictions, Austria, Greece, and Ireland are excluded because they do not have sufficient numbers of companies that meet our data quality thresholds. The final sample includes 118 companies headquartered in eight countries. Table 1 reports the sample breakdown by count ...
... transactions. Following such restrictions, Austria, Greece, and Ireland are excluded because they do not have sufficient numbers of companies that meet our data quality thresholds. The final sample includes 118 companies headquartered in eight countries. Table 1 reports the sample breakdown by count ...
