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the amount of returns that an investor can earn from an investment, as well as the future changes as a result of economic risk associated with that particular investment can be established. For this reason, the above curve facilitates a significant comparison in bonds values.
The term structure of interest rates is also the yield curve and is a central element in modern financial and monetary economics. It is the variation of the bonds’ yield with identical risk profiles with these bonds’ terms2. The yield curve shows the relationship between bonds yield to maturity and the effective maturity. Bonds with longer maturities are considered to have higher yields. However, there are also opinions that the yield curve may be flat showing that the yield curve remains the same irrespective of the bonds’ maturity. Also, in some cases, bonds with short-term maturities have their yield curves inverted implying that they are higher than those of long-term bonds3. Notes that the bonds’ yield curve is influenced by several factors among them the fiscal policies, inflation, economic conditions, tax policies, foreign exchange rates, expected forward rates, bonds’ credit rating and foreign capital inflows as well as outflows.
The term structure of interest rates bears three identifiable features. They include higher volatility of yields on short-term bonds than long-term bonds; change in yields of various bonds move in the same directions; and the long-term bonds have higher yields. Several theories have been advanced to explain these characteristics. They are broadly classified as the market segmentation theory and expectations theories, which are the preferred habitat theory, the liquidity premium, and the pure expectation theory.
Given that bonds have some set durations, sellers and buyers frequently have preferred maturities. The bond buyers prefer maturities that coincide with when they need money or with their liabilities while the bond sellers want maturities
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This paper will discuss different economic approaches for Aslan communications’ price setting, and identify factors that may limit the firm’s choice in pricing decisions. The economic approaches consider elements such as demand, elasticity, cost, oligopolistic behaviour, market structure, product differentiation, and innovation management while setting price for a product.
The choice of a pricing method to be adopted largely depends on the nature of the product and the targeted market structure and composition. The available methods include the cost based method which involves the price determination based on the cost of production.
The spouse’s name was Teresa di Vicenzo who was widowed. The son was named after James Bond’s name James USzuki Bond who was Kissy’s son in fact. Ian Fleming’s James Bond is a British national. This fictional character is the protagonist of James Bond series of films, novels, video games, and comics (Cork, 100-120).
2. Bond ratings are based on both qualitative and quantitative factors. Some of the factors considered by the bond rating agencies include the financial strength of the company as measured by various ratios, collateral provisions, seniority of the debt, restrictive covenants, provisions such as a sinking fund or a deferred call, litigation possibilities, regulation, and so on.
When we speak of marriage, more often than not it bears a romanticized image, being that an ideal man would become a knight in a shining armor saving a damsel in distress from a life of helplessness. That is how the picture is portrayed even in fairytales, and unfortunately it has clung unto our consciousness, rooted in childhood, that we should see marriage as some sort of an escape from drudgery to sweep us unto blissful companionship.However, as I had previously implied, this is never really the case with real matrimony.
There are many factors that can be used to determine the price of a commodity which all depends on the most prevalent factor that is used in a marketing system. Price is the quantity payment that is given in exchange for something. Through this may have a different social meaning, it is used for monetary value in economics.
This market has faced a number of challenges in past few years but now it has gained popularity and is competitive with United States market.
Japanese Bond Prices --------------------------------------------------------------------------- 7 Japanese Equity Warrants------------------------------------------------------------------------- 8
be able to make proactive decisions to prevent exposing their business against environmental risk as well as take opportunities environments present (Hiriyappa, pp12-20). In above connection, managers should understand factors outside their business environment (external
y three academic colleagues, Starbucks became a force to reckon with in the coffee industry in 1987 when Howard Schultz acquired the company and became the first CEO who has developed it to the stage it is right now. According to its FY11 Annual Report, Starbucks is the premier
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