ch[1]. 11(1) - Chapter 11 The Stock Market Chapter Preview...

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Chapter 11 The Stock Market
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Chapter Preview We examine the markets where stocks trade, and then review the underlying theories for stock valuation. We learn that stock valuations is quite difficult. Topics include: Investing in Stocks Computing the Price of Common Stock How the Market Sets Security Prices Errors in Valuation
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Chapter Preview (cont.) Stock Market Indexes Buying Foreign Stocks Regulation of the Stock Market
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Investing in Stocks 1. Represents ownership in a firm 2. Earn a return in two ways Price of the stock rises over time Dividends are paid to the stockholder 3. Stockholders have claim on all assets 1. Right to vote for directors and on certain issues 2. Two types Common stock Right to vote Receive dividends Preferred stock Receive a fixed dividend Do not usually vote
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Investing in Stocks: Sample Corporate Stock Certificate Figure 11.1 Wien Consolidated Airlines Stock
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How Stocks are Sold Organized exchanges Account for over 72% of total dollar volume Larges U.S. Exchange is the NYSE Others include Nikkei, LSE, DAX, etc. Listing requirements exclude small firms
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This note was uploaded on 04/17/2008 for the course BUS ADM 442 taught by Professor Zeatier during the Spring '07 term at Wisconsin Milwaukee.

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ch[1]. 11(1) - Chapter 11 The Stock Market Chapter Preview...

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