Accounting Profit based on accrual. accounting focus on past periods ... Accrual accounting may obscure timing. 4. Prof. Dr. Rainer Stachuletz. Corporate Finance ...
Financial Statements And Cash Flow Analysis Professor Dr. Rainer Stachuletz Corporate Finance * Four Key Financial Statements Balance sheet Income statement Retained ...
The Scope Of Corporate Finance Professor Dr. Rainer Stachuletz Corporate Finance Berlin School of Economics * Finance Career Opportunities Corporate Finance Budgeting ...
Title: PowerPoint-Pr sentation Author: Prof. Dr. Rainer Stachuletz Last modified by: user Created Date: 9/16/2003 2:39:55 PM Document presentation format
Title: PowerPoint-Pr sentation Author: Prof. Dr. Rainer Stachuletz Last modified by: user Created Date: 10/4/2003 7:27:24 AM Document presentation format
Berlin, 04.01.2006. Fu zeile. 1. Valuing Bonds. Interest Rate Risk and Duration ... THE DURATION OF A ZEROBOND. IS THE TIME TO MATURITY. Berlin, 04.01.2006 ...
Budgeting, financial forecasting, cash management, credit administration, ... Capital Budgeting the process firms use to choose the set of investments that ...
Proposal to issue $5,000,000 in debt, at 6% interest, and buy back 100,000 ... benefits of control (perquisites), but bears only part of the cost of 'perks. ...
Given an income (Y0), the graph shows all possible combinations of consumption ... Subtrac-ting a1 (interest and repayment) the reamaining income in t1 will be ...
Slope of line equals beta, the sensitivity of a stock's returns relative to ... Plots relationship between expected return and betas. Berlin, 04.01.2006. Fu zeile. 18 ...
Derivative securities are instruments that derive their value from the ... (or lack thereof) of a stock rather than betting on which direction it will move. ...
Binominal Model to Value Options ... the share price, the probabilities are determined in a binominal price structure: ... Binominal Option Pricing ...
Accountants charge depreciation to spread a fixed asset's costs over time to match its benefits. ... Compute after-tax net income and add depreciation back, or ...
Hard Budget Constraints. Market for Credit Derivatives. Source: British Bankers Association ... Ausfallgarantie per CDS. Investoren. Bondpreis. Emission CLN ...
Many stocks have a long history to forecast expected return. no.: 6 ... states of economy: boom, expansion, recession and project the returns of GM ...
Bund Futures. Assume a small bond portfolio, that contains ... Bund Futures ... A short position in Bund Futures, where the seller has to deliver 100.000 ...
The Berlin School of Economics is situated in Germany's ... business, cultural/historical essence, gorgeous scenic spots and favorable living environment. ...
Terrell's dollar return exceeded Owen's by $100. Can we say that Terrell was better off? No, because Terrell and Owen's initial investments were different: Terrell ...
Debt securities represent a legally enforceable claim. ... Cumulative voting gives minority shareholders greater chance of electing one or more directors. ...
Convertible bonds, in addition to paying coupon, offers the right to convert the ... Exchangeable bonds are convertible in shares of a company other than the issuer's ...