4-3040 2010 FINANCIAL MARKETS

4-3040 2010 FINANCIAL MARKETS - FINANCIAL MARKETS AND THE...

Info iconThis preview shows pages 1–6. Sign up to view the full content.

View Full Document Right Arrow Icon
FINANCIAL MARKETS AND THE ECONOMIC ENVIRONMENT
Background image of page 1

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

View Full DocumentRight Arrow Icon
FINANCIAL MARKETS AND THE ECONOMIC ENVIRONMENT Topics covered: Security Markets Interest Rate Theory and Yield Curves Financial Intermediaries
Background image of page 2
Money markets Capital markets Short-term securities Long-term securities U.S. Treasury bills (T-bills) Bonds Commercial paper Preferred stock Banker’s acceptances Common stock ( NYSE, AMEX, NASDAQ) Primary Market Secondary Market Where the corporation or Trading is among government unit receives investors, issuer does the funds from security sale. not receive funds.
Background image of page 3

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

View Full DocumentRight Arrow Icon
56 YEARS OF THE NYSE (1953-2008) 43 gains in 56 years 0 - 10% 14 years 10.1 - 20% 11 years 20.1 - 30% 12 years 30.1 – 40% 4 years >40% 2 years (48.3%, 1954) (42.7%, 1975) 13 losses in 56 years 0 – 10% 5 years 10.1 – 20% 4 years 20.1 – 30% 3 years ( 21.5%, 1974 ) ( 20.1%, 00 )( 22%, 01 ) >30% 1 year ( 39.3%, 08 ) October 1987 the market fell by 24.2% in one day
Background image of page 4
Background image of page 5

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

View Full DocumentRight Arrow Icon
Image of page 6
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 17

4-3040 2010 FINANCIAL MARKETS - FINANCIAL MARKETS AND THE...

This preview shows document pages 1 - 6. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online