案例成果讲稿中文chap.pptxVIP

第二章;2-2;2-3;2-4;2-5;2-6;2-7;Money Market Instrument Yields;Bank Discount Rate (T-Bill quotes);Bond Equivalent Yield;Bond Equivalent Yield;Effective Annual Yield;2-13;2-14;2-15;2-16;2-17;2-18;2-19;2-20;2-21;2-22;2-23;2-24;2-25;2-26;2-27;Capital Market - Equity;2-29;2-30;2-31;;2-33;Constructing market indices; a) price weighted series Time 0 index value is Time 1 index value = 190/3 = 63.33 Problem? Refigure denominator (10+25+140) / Denom = 66.67 Denominator = 2.624869 Time 1 index value = (15+25+150) / 2.624869 = 72.38 Other problems similar % change movements in higher price stocks c