相关文档

• Chap011.doc

  Chapter 11: Cost of Capital11- 7 Chapter 11Cost of CapitalDiscussion Questions11-1Why do we use the overall cost of capital for investment decisions even when only one source of capital will be use

• chap011-International_Place_Strategy.ppt

  山东经济学院·国际贸易学院School of International Trade Shandong Economic University3. Distribution Channel Distribution channel functionsInformationPromotionContactMatching(including such things as manufacturing

• Chap011.ppt

  CHAPTER 11The Efficient Market HypothesisMaurice Kendall (1953) found no predictable pattern in stock pricesPrices are as likely to go up as to go down on any particular dayHow do we explain random st

• Chap011.ppt

  第十一章有效市场假设11-2莫里斯·肯德尔(1953) 发现股价不存在任何可预测范式。价格在任何一天都可能上升或下降。我们如何解释股价的随机变化有效市场假设(EMH)11-3有效市场假说(EMH)股价可以反映所有已知信息的观点称之为有效市场假说EMH。由于市场参与者急需新的交易信息，关于未来良好表现的预测导致目前表现良好。结果: 价格变化到与股票风险相称的收益率。11-4有效市场假设(EMH)信息

• Chap011.ppt

  CHAPTER 11The Efficient Market HypothesisMaurice Kendall (1953) found no predictable pattern in stock pricesPrices are as likely to go up as to go down on any particular dayHow do we explain random st

• Chap011(1).ppt

  CHAPTER 11Social Security ? 2010 by the McGraw-Hillpanies, Inc All rights -Hill/IrwinSocial Security Expenditures(1939-2007)Source:Social Security Trustees [2008]Why Have Social SecurityConsumpt

• Chap001.doc

  Chapter 01: The Goals and Functions of Financial ManagementChapter 01: The Goals and Functions of Financial Management1-41-3 Chapter 1 The Goals and Functions of Financial ManagementDiscussion Questi

• Chap010.doc

  Chapter 10: Valuation and Rates of Return10-7 Chapter 10Valuation and Rates of ReturnDiscussion Questions 10-1How is valuation of any financial asset related to future cash flowsThe valuation of a f

• Chap012.doc

  Chapter 12: The Capital Budgeting Decision12- 8 Chapter 12The Capital Budgeting DecisionDiscussion Questions12-1What are the important administrative considerations in the capital budgeting process

• Chap013.doc

  Chapter 13: Risk and Capital Budgeting13- 5 Chapter 13Risk and Capital BudgetingDiscussion Questions13-1If corporate managers are risk-averse, does this mean they will not take risks ExplainRisk-av