FINA3331_Formulas for Midterm 1

FINA3331_Formulas for Midterm 1 - FINA3331-Formula Sheet...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
1 FINA3331-Formula Sheet for Midterm 1 Breakeven tax rate: * 1 m c r T r ⎛⎞ =− ⎜⎟ ⎝⎠ 12 1 ... n i ni price weighted index P PP P V dd = +++ == 1, 2, 2, , , 1 ,11 ,1 2 ,12 ,1 ,1 ,, 1 1 ... value of index at the previous closing date ... t t t t nt nt value weighted index tt t t n t n t n it it i value weighted index t n it i QP QP QP V V −− − − = = ++ + = + Selling Short Inv. funds 0 = init. margin* (P 0 *Q) Sale proceeds= P 0 *Q Stock owed t =P t *Q 0 (. ) t t t equity TA stock owed sale proceeds inv funds PQ =
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 06/02/2011 for the course FINA 3331 taught by Professor Staff during the Spring '08 term at Texas A&M University, Corpus Christi.

Ask a homework question - tutors are online