Anticoagulants
发表于 2025-3-28 18:10:38
Gilt-edged securitiess type of investment can partly be explained by the preference for the more glamorous company share sector and partly by the poor performance of fixed interest securities in this century. (For example, £100 spent on 2½% Consols at the beginning of 1919 would have been quoted at £33 on the first day
斜谷
发表于 2025-3-28 18:47:05
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Abrade
发表于 2025-3-29 00:47:47
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擦掉
发表于 2025-3-29 05:50:49
Optionsmarket has reawakened interest in this type of investment. Also, advances in the techniques of valuing options have encouraged trading in options and in securities incorporating an option element, for example convertible unsecured loan stocks.
oblique
发表于 2025-3-29 09:46:05
Portfolio theory, investors would compare the expected return from a range of probable outcomes with the risk of the security, as measured by the standard deviation of the probability distribution of returns.. So, investors would only need to consider expected returns and standard deviations when choosing securitie
暴露他抗议
发表于 2025-3-29 14:54:01
The capital asset pricing model—covariance matrix. This has hindered general acceptance of portfolio theory, despite its usefulness. We also saw, in the section called ‘Size of Optimal Portfolio’, that however much we diversify and however many securities are included in the portfolio, risk cannot be reduced, using a naïve divers
FIG
发表于 2025-3-29 19:37:19
Efficient marketsd for forecasting future gilt prices and estimating their expected holding period returns. Particular gilts could then be chosen according to investor expectations about future interest rates. Also, in Chapter 5, it was shown how Gordon’s growth model could be used to estimate the expected . on a sh
采纳
发表于 2025-3-29 20:23:18
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CHASE
发表于 2025-3-30 02:54:09
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HAIL
发表于 2025-3-30 06:55:44
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