The Role of the Financial Manager 2006 The Role of the Financial Manager It is very important for companies to ensure that they use the most efficient method of fund raising when they go public . It might seem to an inexperienced manager that the method of capital raising which is chosen by the company …

Microeconomics- Risk Aversion Q3 (a ) According to the expected utility model , does a risk averter Always choose to be fully insured if offered an actuarially fair insurance premium . Thus the optimization problem is max U (w , c ? su (wA C – ? C (1- ? s )u (wN – ? …

RISK MANAGEMENT – HEDGE FUNDS There has been considerable interest in institutional investors and wealthy individuals in hedge funds as alternative source of investment A hedge fund is an asset instrument which has received considerable attention in the past few years . It is defined as an actively managed investment instrument , the corpus of …

QUESTION 1 (a ) This is a Fisher ‘s Solution to a two period analysis . The following diagram shows how an individual decides from the opportunities that are currently available to him Now , the starting point could be any point within the first quadrant or at the vertical or horizontal axis , T …

: Corporate Finance- Capital Asset Pricing Model Question 1 What are the crucial assumptions behind the CAPM Wikipedia (2006 ) cites the following crucial assumptions behind the CAPM All investors have HYPERLINK “http /en .wikipedia .org /wiki /Rational_expectations ” \o “Rational expectations ” rational expectations All investors are HYPERLINK “http /en .wikipedia .org /wiki /Risk_averse …

The Right to Speak – The higher we soar the smaller we appear to those who cannot fly Learning to fly has always been the dream of enthusiastic , dreaming individuals . Flying , you take off the ground , forget your worries , and soar high in the open sky . This is where …

Introduction European countries colonized most of the Islam world in eighteenth and the first half of the twentieth century . They were able to manage the finances and economies of these countries which only catered on their own interests and in their own ways Banks all over the world have their own system in operating …

Securitisation Securitisation is a process of pooling in and transferring a cash-producing asset or receivable to a specially created investment vehicle . The bank which sells the assets is known as the originator and the purchaser of the cash-producing asset is known as the SPV (special purpose vehicle ) or the transferee . As a …

ADVANTAGES AND DISADVANTAGES ELECTRONIC TRADING SYSTEM VERSUS FLOOR TRADING SYSTEM Anecdotal evidence suggests that there is a move from floor based to automated trading system in stock markets around the world (Venkataraman : 2001 . This is so as it is believed that electronic trading system is more efficient than a floor trading system . …

Steroid Usage : Long Term and Short Term Affects The attraction for steroid usage finds its underlying reasons in the psychological segments . The short-term benefits range from an immediate physical change to be followed by the initial perk of emotions . This quick and seemingly easy transformation is the appeal that draws the attention …