2 - Chapter5:Bondsandstocks: 1. Keydefinitions:

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Chapter 5: Bonds and stocks: 1. Key definitions: Bonds:  a certificate showing that a borrower owes a specified sum Volatility  measures the percentage change in bond price for a small (say 1%) change in  interest rates. Yield to maturity   The discount rate that equates the present value of interest payments  and redemption value with the present price of the bond Dividend discount model: discount expected future dividends at the rate of return investors  require 2. Key knowledge: Why raise capital? Growth Pay off debt Mergers and acquisition How to raise money? Angel finance Non - securities debt Venture Capital Listing on the stock market Listing on the stock exchange Offer for sale Introduction Offer for subscription Placing Intermediaries offer Bonds: 
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This note was uploaded on 02/25/2012 for the course BLAW 1310 taught by Professor Hale during the Fall '11 term at Texas State.

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2 - Chapter5:Bondsandstocks: 1. Keydefinitions:

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