博迪与 投资学第八版 英文笔记CHAPTER2.ppt

CHAPTER 2;Major Classes of Financial Assets or Securities;The Money Market ;The Money Market Continued;Figure 2.1 Rates on Money Market Securities;Table 2.1 Major Components of the Money Market;Figure 2.2 Treasury Bill Yields;Figure 2.3 The Spread between 3-month CD and Treasury Bill Rates;The Bond Market;Treasury Notes and Bonds;Figure 2.4 Lisiting of Treasury Issues;Federal Agency Debt;Municipal Bonds;Figure 2.5 Tax-exempt Debt Outstanding;Municipal Bond Yields;Table 2.2 Equivalent Taxable Yields Corresponding to Various Tax-Exempt Yields;Figure 2.6 Ratio of Yields on Tax-Exempt to Taxable Bonds ;Corporate Bonds;Developed in the 1970s to help liquidity of financial institutions Proportional ownership of a pool or a specified obligation secured by a pool Market has experienced very high rates of growth;Figure 2.7 Mortgage-backed Securities Outstanding, 1979-2007;Equity Securities;Figure 2.8 Listing of Stocks Traded on the NYSE;There are several broadly based indexes computed and published daily There are several indexes of bond market performance Others include: Nikkei Average Financial Times Index;Dow Jones Industrial Average;Example 2.2 Price-Weighted Average;Broadly based index of 500 firms Market-value-weighted index Index funds Exchange Traded Funds (ETFs);Other U.S. Market-Value Indexes;Figure 2.9 Comparative Performance of Several Stock Stock Indexes, 2001-2006;Foreign and International Stock Market Indexes;Derivatives Markets;Figure 2.10 Trading Data on GE Options;Figure 2.11 Listing of Selected Futures Contracts