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DOC - Europa EU
DOC - Europa EU

... interest on the loan. If the debtor goes bankrupt, the creditor simply cancels the obligation to sell back the collateral and sets off its value against the remaining debt (known as “netting”). This instrument has been developed in order to avoid cumbersome procedures or uncertainties involved in pl ...
FL BlackRock Long Term (Aquila C) IE/XE
FL BlackRock Long Term (Aquila C) IE/XE

... G - Derivatives: Where a fund uses derivatives for investment purposes, there may be an increase in the risk and volatility of the fund. Some derivative investments also expose investors to counterparty or default risk where another party is unable to meets its obligations and pay what is due, which ...
0.1 Front matter.PM
0.1 Front matter.PM

... much detail beyond that. Many critics denounce “speculation” as a waste of social resources, without making any connections between it and the supposedly more fundamental world of “production.” Sociologists who study power structures write portentously of “the banks,” but their evidence is often vag ...
Fourth Quarter and Full Year 2015
Fourth Quarter and Full Year 2015

... All returns include dividend and capital gain distributions. All investors should consider the investment objectives, risks, charges and expenses of the Fund  carefully before investing. The prospectus contains this and other information about the Fund. Investors can obtain a prospectus from your fi ...
Present Value of an Ordinary Annuity
Present Value of an Ordinary Annuity

... (FIND PERIODIC PAYMENTS)  Sinking fund –a financial arrangement that sets aside regular periodic payments of a particular amount of money.  Compound interest accumulates on these payments to a specific sum at a predetermined future date.  Corporations use sinking funds to:  discharge bonded inde ...
Private Placements, Regulatory Restrictions and Firm
Private Placements, Regulatory Restrictions and Firm

The Transmission of Financial Stress and Monetary Policy
The Transmission of Financial Stress and Monetary Policy

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Calculate - LessonPaths
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Equity Valuation Using Sales Multiples
Equity Valuation Using Sales Multiples

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Stock Exchange Markets for New Ventures
Stock Exchange Markets for New Ventures

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Simplicity Is the Ultimate Sophistication
Simplicity Is the Ultimate Sophistication

The Good, the Bad, and the Ugly: An inquiry into the causes and
The Good, the Bad, and the Ugly: An inquiry into the causes and

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NBER Reporter Economic Fluctuations and Growth Program Report
NBER Reporter Economic Fluctuations and Growth Program Report

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Dynamic Monitoring of Financial Intermediaries with Subordinated
Dynamic Monitoring of Financial Intermediaries with Subordinated

... proceed in two stages. In the first stage, because we have information on the state of the stock and bond markets, we linearly filter the systematic component in equity and debt. The filtered series for equity and debt are proxies for the idiosyncratic component of each security. In the second stage ...
Implied Market Price of Weather Risk - SFB 649
Implied Market Price of Weather Risk - SFB 649

... get the explicite nature of non-arbitrage prices for temperature derivatives. In contrast to this work we find that Berlin Temperature is more normal in the sense that the driving stochastics are closer to a Wiener Process than their analysis for Stockholm. The estimate of the market price of weathe ...
0000355811-15-000045 - Gentex Investor Relations
0000355811-15-000045 - Gentex Investor Relations

... Investments (continued) provide increased consistency in how fair value determinations are made under various existing accounting standards that permit, or in some cases, require estimates of fair-market value. This standard also expanded financial statement disclosure requirements about a company’s ...
The Concept of Systemic Risk
The Concept of Systemic Risk

... definitions by Eijffinger (2012) points out that systemic risk, regardless of in which form it materializes, causes a loss in confidence and increased uncertainty about the functioning of the financial system and its parts. The concept of systemic risk lies in the contagion effect and negative impa ...
Options on Fed funds futures and interst rate volatity
Options on Fed funds futures and interst rate volatity

... by trading options. As a result, their model predicts that options introduction can attract more informed trading and increase informational efficiency of the primary market. This is also noted by Cao (1999) who shows that options listing leads to an increase in the amount of information collected o ...
Determinant of Return on Assets and Return on Equity and Its
Determinant of Return on Assets and Return on Equity and Its

... relationship with share prices with 45.7% relationship. He also tried to identify the individual effect of RoA, RoE and RoI and succeeded in concluding that RoA and RoI has positive but low relationship with marketshare price but failed to get the relationship of RoE with market share price individu ...
New Capital Rules for Community Banks
New Capital Rules for Community Banks

...  Additional Tier 1 leverage ratios proposed (not adopted as part of final rule) for 8 largest US banking holding companies (considered as global systemically important banks by Basel), effective January 1, 2018  Minimum supplemental leverage ratio of 6 percent of Tier 1 capital for any insured ban ...
Probability and Impact Rating System
Probability and Impact Rating System

long-term portfolio guide - Responsible Investment Association
long-term portfolio guide - Responsible Investment Association

... unexpected? What can passive and active investment strategies deliver over the long term? How important is the initial asset allocation relative to investment selection and strategic shifts? How much diversification is “enough” in markets that are imperfect? Can we trace and profit from patterns in ...
Risk Aversion, Entrepreneurial Risk, and Portfolio Selection
Risk Aversion, Entrepreneurial Risk, and Portfolio Selection

Consolidated financial statements
Consolidated financial statements

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Empirical Study Relating Innovation and Market Concentration
Empirical Study Relating Innovation and Market Concentration

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Financial economics

Financial economics is the branch of economics characterized by a ""concentration on monetary activities"", in which ""money of one type or another is likely to appear on both sides of a trade"". Its concern is thus the interrelation of financial variables, such as prices, interest rates and shares, as opposed to those concerning the real economy. It has two main areas of focus: asset pricing (or ""investment theory"") and corporate finance; the first being the perspective of providers of capital and the second of users of capital.The subject is concerned with ""the allocation and deployment of economic resources, both spatially and across time, in an uncertain environment"". It therefore centers on decision making under uncertainty in the context of the financial markets, and the resultant economic and financial models and principles, and is concerned with deriving testable or policy implications from acceptable assumptions. It is built on the foundations of microeconomics and decision theory.Financial econometrics is the branch of financial economics that uses econometric techniques to parameterise these relationships. Mathematical finance is related in that it will derive and extend the mathematical or numerical models suggested by financial economics. Note though that the emphasis there is mathematical consistency, as opposed to compatibility with economic theory.Financial economics is usually taught at the postgraduate level; see Master of Financial Economics. Recently, specialist undergraduate degrees are offered in the discipline.Note that this article provides an overview and survey of the field: for derivations and more technical discussion, see the specific articles linked.
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