TAILIEUCHUNG - Lecture Money and capital markets: Chapter 8 – Peter S. Rose, Milton H.Marquis

The goals of this chapter are: To try to make sense of the stock market, to show what fluctuations in stock value mean for individuals and for the economy as a whole, to look at a critical connection between the financial system and the real economy, explain why we sometimes have bubbles and crashes. | Chapter 8 The Risk Structure of Interest Rates: Defaults, Prepayments, Taxes, and Other Rate-Determining Factors Learning Objectives To see the effects of financial assets’ marketability, liquidity, default risk, call privileges, prepayment risk, convertibility and taxability upon their interest rates and prices. To understand why there are so many different interest rates within the global economy. To learn how the “structure of interest rates” is built and why it changes constantly. Learning Objectives To see why it is so difficult to forecast interest rates and financial asset prices accurately. Introduction In the preceding chapter, we examined how expected inflation and security maturity affect interest rates. In this chapter, we will look at how some other factors influence interest rates: marketability, default risk, call privileges, taxation of security income, prepayment risk, convertibility. Marketability Marketability – Can an asset be sold quickly? .

• Ngân hàng - Tín dụng
• Money markets
• Capital markets
• Financial system
• Financial markets
• Financial system
• Financial institutions
• Central banks
• Monetary policy
• Stock markets
• Lecture Financial markets
• Thị trường tài chính
• Money market securities
• Money market yields
• Money growth
• money demand
• Modern monetary policy
• Ebook Global money markets
• Global money markets
• Money market calculations
• Agency instruments
• Corporate obligations
• Debt obligations of financial institutions
• Lecture Financial markets and institutions
• Financial institutions markets
• Money banking
• Equity markets
• Foreign exchange markets
• The single European market
• Financial innovation
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• Financial instruments
• Global marketplace
• Money market instruments
• Nonbank thrift institutions
• Money market funds
• Reverse repurchase agreements
• Short term mortgage backed securities
• Short term asset backed securities
• Liability management
• The economics of money
• Bài giảng Tiền tệ ngân hàng
• Determinants of the money supply
• Money supply
• Commercial banking
• Financial claims
• Payments system
• Future value
• Present value