{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

WSJ070426 - Econ 520 Masao Ogaki Wall Street Journal...

Info icon This preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Econ 520 April 28, 2007 Masao Ogaki Wall Street Journal Articles on Thursday, April 26, 2007 A. Skeptics May Shriek, But Earnings Gains Send Stocks to a High  (on C1) This article reports that the Dow Jones Industrial Average past the 13000 mark for the  first time on Wednesday, April 25, 2007. Problem 1.   What is the main reason for the rise in stock prices according to the  article?   Does it make sense in terms of one of the valuation models we learned in  Chapter 7? Problem 2.   10-year Treasury Bond prices fell on Wednesday, April 25 compared with  the bond prices on Tuesday.  Did the 10-year interest rate rise or fall from Tuesday to  Wednesday?  Other things being equal, does this movement of the interest rate cause  stock prices to rise or fall?  Explain. Problem 3.   According to the articles, many of the best earnings performers, including 
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern