Chapter 14: Contents Distinction Between Forward The \Implied\Risk-Free Rate Futures Contracts The Forward Price is nota The Economic Function of Forecast of the Spot Price Futures Markets Forward-Spot Parity with Cash The Role of Speculators Payouts
Using Present Value Formulas to value Known Flows The Basic Building Blocks: Pure Discount Bonds Coupon Bonds, Current Yield, and Yield-To-Maturity Reading Bond Listings Why Yields for the Same Maturity Differ The Behavior of Bond Prices over Time
Capital Budgeting Any capital budgeting process consists of three elements: coming up with proposals for investment projects evaluating them -deciding which ones to accept and which to rejec
School of Management About my name About my TA About the course About the requirements 20% assignment class performance 15%mid- term test 65% final test About the book and authors
Chapter 2 Contents What is a Financial Financial Market Rates System Financial Intermediaries The Flow of Funds Financial Infrastructure The Functional and Regulation Perspective Governmental& Quasi- Financial Innovation Governmental the“Invisible Hand
