(BQ) Part 2 book "Corporate finance and investment" has contents: Returning value to shareholders - the dividend decision, capital structure and the required return, does capital structure really matter, acquisitions and restructuring, managing currency risk,...and other contents.
(BQ) Part 2 book "Managing online risk apps, mobile, and social media security" has contents: Approaches to content, compliance, currency and campaigns, digital succession, the future of online security.
Topic 5 - Exchange rates, spot quotes, transactions, forwards, and appreciations. The main goals of this chapter are to: Students can obtain and interpret exchange rates, students can convert currencies using, students can compute and interpret currency appreciations and depreciations, students can compute forward premiums.
Topic 6 - Currency forwards, futures, and options. In this chapter students understand and can recall: Payoffs and profits of currency forwards, futures, and options; forecasting spot and forward exchange rates with PPP, IRP, and UFR; how financial managers use forwards, futures, and options to hedge fx risk.
In this chapter students understand and can recall: why changes in real exchange rates matter, how to measure competitive exposure, how to manage competitive exposure, How to manage country risk, real exchange rate appreciation, competitive exposure and loss due to exchange rate changes.
In this chapter, Students understand and can recall the costs and benefits of hedging, payoffs and profits of currency forwards and futures, difference between a forward and futures, how to speculate with forwards and futures contracts, how financial managers use forwards and futures to hedge fx risk, how futures are traded and margin calculated.
wouldn’t buy a new home just because it looked good from the
outside. We would do a thorough walk-through first. We’d examine the fur-
nace, check for a leaky roof, and look for cracks in the foundation.
Mutual fund investing requires the same careful investigation. You need
to give a fund more than a surface-level once-over before investing in it.
Knowing that the fund has been a good performer in the past isn’t enough
to warrant risking your money. You need to understand what’s inside its
portfolio—or how it invests.
Options involve risks and are not suitable for everyone. Prior to buying or selling options,
an investor must receive a copy of Characteristics and Risks of standardized Options.
Copies may be obtained by contacting your broker or the Options Industry Council at 440
S. LaSalle St., Chicago, IL 60605
In order to simplify the computations, commissions, fees, margin interest and taxes have
not been included in the examples used in these materials.
Finance has become one of the most important and popular subjects in
management school today. This subject has progressed tremendously in
the last forty years, integrating models and ideas from other areas such as
physics, statistics, and accounting. The financial markets have also rap-
idly expanded and changed extensively with improved technology and the
ever changing regulatory and social environment.
This book is based on a series of seminars delivered over a period of many years to people
working in the global financial markets. The material has expanded and evolved over that
time. Participation on the seminars has covered the widest possible spectrum in terms of
age, background and seniority, ranging all the way from new graduate entrants to the financial
services industry up to very senior managing directors.
You cannot predict the future or control the present—these are prime directives
governing the creation and use of options.
This text takes the mystery out of predicting and profiting from the future price
trends of stocks and futures contracts using fundamental and/or technical analysis
along with option strategies that manage the associated risk. Savvy market operators
have devised methods of attacking the markets aggressively, while protecting
themselves from the daily risk of loss.
The term model refers to a quantitative method, system, or approach that applies statistical, economic, financial, or mathematical theories, techniques, and assumptions to process input data into quantitative estimates. Good definition? Let’s read more. Today we will start from something very important: Some guidance for model risk management Board of Governors of the Federal Reserve System Office of the Comptroller of the Currency SUPERVISORY GUIDANCE ON MODEL RISK MANAGEMENT Banks rely heavily on quantitative analysis and models in most aspects of financial decision making.
Under certain conditions, the Company may use options and futures on securities, indices and interest rates, as described in Section
3.2. "Sub-Fund Details" and Appendix 3 "Restrictions on the use of techniques and instruments" for the purpose of investment, hedging
and efficient portfolio management. In addition, where appropriate, the Company may hedge market and currency risks using futures,
options or forward foreign exchange contracts.
Transactions in futures carry a high degree of risk.
Measure risk: Accurate and timely measurement of risk is essential to
effective risk management. A bank that does not have risk measurement
tools has limited ability to control or monitor risk levels. Further, more
sophisticated measurement tools are needed as the complexity of the risk
increases. A bank should periodically test to make sure that the
measurement tools it uses are accurate.
Ten years have elapsed since the second German edition of the
present book was published. During this period the external appear-
ance of the currency and banking problems of the world has com-
pletely altered. But closer examination reveals that the same
fundamental issues are being contested now as then. Then, England
was on the way to raising the gold-value of the pound once more
to its pre-war level.
But while there are differences in profitability and target markets, there are not big
differences in loan portfolio quality. The top row of Table 3 reports on the quality of loan
portfolios for different kinds of institutions, and we show that all in fact do quite well. We focus
on nongovernmental organizations, non-bank financial institutions, and banks. For each group,
the range of experience is captured with data at the 25th
percentile, median, and 75th
Where a sub-fund may have investment exposure to Europe in the context of its investment objective and strategy, in light of the fiscal
conditions and concerns on sovereign debt of certain European countries, such a sub-fund may be subject to a number of risks arising
from a potential crisis in Europe.