Download or read book Solving the Puzzle of IRR Equation written by Yuri K. Shestopaloff and published by AKVY PRESS. This book was released on 2011 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors study the problem of multiple roots of IRR equation and introduce a novel "largest root" rule for selecting the correct solution, which effectively resolves the puzzle of IRR equation. The text was written for a wide audience of financial industry professionals, academics, and students studying finance and investment business. 108 pp.
Download or read book Solving the Puzzle of Irr Equation Choosing the Right Solution to Measure Investment Success Second Edition written by Yuri K. Shestopaloff and published by Akvy Press. This book was released on 2015-04-16 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors published many articles in peer-reviewed professional journals. Several articles received awards, including Dietz Award from the Journal of Performance Measurement in year 2014. This time, they study the problem of multiple roots of IRR equation and introduce a novel "largest root" rule for selecting the correct solution, which effectively resolves the puzzle of IRR equation with regard to its financial applications. Other important issues of investment performance measurement are considered too, such as the concept of investment context. Within this conceptual framework, the authors study and compare different methods for calculating rates of return, such as IRR, Modified Dietz, TWRR, geometric linking, NPV, MIRR, etc., introduce enhancements for existing methods. A new generalized IRR equation (GIRR) was proposed. This equation, for the first time, describes investment context in a universal mathematical form, which is a breakthrough result. Algorithms for linking rates of return are considered too. Overall, the book provides concise, comprehensive and clear overview of investment performance measurement problems and related issues, and presents well founded solutions. The text was written for a wide audience of financial industry professionals, academics and students studying finance and investment business.
Download or read book Portfolio Analytics written by Wolfgang Marty and published by Springer. This book was released on 2015-10-08 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: This textbook first introduces the reader to return measurement and then goes on to compare the time-weighted rate of return (TWR) with the money-weighted rate of return (MWR). To emphasize the importance of risk in conjunction with return, different tracking errors are analyzed and ex-post versus ex-ante risk figures are compared. The author then proceeds to modern portfolio theory (MPT) and illustrates how the constraints interfere substantially in the construction of optimized portfolios. As a conclusion, the book provides the reader with all the essential aspects of investment controlling.
Download or read book Projects for shareholder value A capital budgetting perspective written by Mehari Mekonnen Akalu and published by Rozenberg Publishers. This book was released on 2002 with total page 229 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Solving an Empirical Puzzle in the Capital Asset Pricing Model written by John Leusner and published by . This book was released on 1997 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Proceedings of the International Symposium on Frontiers of Collective Motions CM2002 written by Hiroyuki Sagawa and published by World Scientific. This book was released on 2003 with total page 449 pages. Available in PDF, EPUB and Kindle. Book excerpt: The physics of nuclear collective motion was pioneered by A Bohr and B R Mottelson 50 years ago. Since then, experimental and theoretical development in this field has been remarkable under the leadership of the Copenhagen group. In the 21st century, a new era has opened up due to the recent developments of experimental facilities, especially radioactive ion beams and large ?-ray arrays. Interest in collective motions is now shared in the research of other quantum many-body systems ? for example, microclusters and Bose-Einstein condensation. It is therefore timely and important to review the current understanding of collective motions and discuss new directions of future study.The main topics of the symposium include recent theoretical and experimental progress in the understanding of vibrational and rotational motions in nuclei. Collective motions of Bose-Einstein condensation and microclusters are also addressed. The symposium invited several keynote speakers to review and discuss our present understanding and to identify future challenges. Oral presentations are also selected from submitted contributions. This symposium is an opportunity not just to present progress and future prospects but to exchange new ideas and to provoke controversies through intellectual debates.The proceedings have been selected for coverage in: ? Index to Scientific & Technical Proceedings (ISTP CDROM version / ISI Proceedings)
Download or read book Marketing Strategy written by Devanathan Sudharshan and published by Prentice Hall. This book was released on 1995 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text is appropriate for advanced/MBA level marketing strategy courses found in marketing departments and undergraduate level marketing capstone courses in business administration departments. Offering a fresh and extremely current approach to marketing strategy, this superb new text emphasizes relationships, presents relevant material from other fields (such as finance and accounting), and establishes coherent analytical frameworks through which to examine strategic options. Integrating coverage of research findings with observed practice and cutting-edge ideas with traditional notions, this text provides a sound, balanced and contemporary basis for understanding and implementing all facets of marketing strategy.
Download or read book Applied Corporate Finance written by Aswath Damodaran and published by John Wiley & Sons. This book was released on 2014-10-27 with total page 663 pages. Available in PDF, EPUB and Kindle. Book excerpt: Aswath Damodaran, distinguished author, Professor of Finance, and David Margolis, Teaching Fellow at the NYU Stern School of Business, has delivered the newest edition of Applied Corporate Finance. This readable text provides the practical advice students and practitioners need rather than a sole concentration on debate theory, assumptions, or models. Like no other text of its kind, Applied Corporate Finance, 4th Edition applies corporate finance to real companies. It now contains six real-world core companies to study and follow. Business decisions are classified for students into three groups: investment, financing, and dividend decisions.
Download or read book CAIA Level I written by CAIA Association and published by John Wiley & Sons. This book was released on 2009-10-02 with total page 779 pages. Available in PDF, EPUB and Kindle. Book excerpt: Not to be used after March, 2012 Exams – CAIA Level I, 2nd Edition should be used to prepare for September 2012 Exam. The official study text for the Level I Chartered Alternative Investment Analyst (CAIA) exam The Chartered Alternative Investment Analyst (CAIA) designation is the financial industry's first and only globally recognized program that prepares professionals to deal with the ever-growing field of alternative investments. The CAIA Level I: An Introduction to Core Topics in Alternative Investments contains all material on alternative investments that a potential Level I candidate would need to know as they prepare for the exam. The information found here will help you build a solid foundation in both traditional and alternative investment markets-for example, the range of statistics that are used to define investment performance as well as the many types of hedge fund strategies. It will also inform CAIA candidates on how to identify and describe aspects of financial markets, develop reasoning skills, and in some cases, make computations necessary to solve business problems. Contains "need to know" material for Level I candidates and for alternative investment specialists Addresses all of the unique attributes associated with the alternative investments space Organized with a study guide outline and learning objectives with key terms, available for free at www.caia.org/program/studyguides Focuses on alternative investments and quantitative techniques used by investment professionals This book is a must-have resource for anyone contemplating taking the CAIA Level I exam.
Download or read book Strategic Financial Management written by Rober Alan Hill and published by Bookboon. This book was released on 2008 with total page 109 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Venture Capital and the Finance of Innovation written by Andrew Metrick and published by John Wiley and Sons. This book was released on 2011-06-15 with total page 1153 pages. Available in PDF, EPUB and Kindle. Book excerpt: This useful guide walks venture capitalists through the principles of finance and the financial models that underlie venture capital decisions. It presents a new unified treatment of investment decision making and mark-to-market valuation. The discussions of risk-return and cost-of-capital calculations have been updated with the latest information. The most current industry data is included to demonstrate large changes in venture capital investments since 1999. The coverage of the real-options methodology has also been streamlined and includes new connections to venture capital valuation. In addition, venture capitalists will find revised information on the reality-check valuation model to allow for greater flexibility in growth assumptions.
Download or read book Capital Budgeting written by Pamela P. Peterson and published by John Wiley & Sons. This book was released on 2004-01-21 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Capital investment decisions are a constant challenge to all levels of financial managers. Capital Budgeting: Theory and Practice shows you how to confront them using state-of-the-art techniques. Broken down into four comprehensive sections, Capital Budgeting: Theory and Practice explores and illustrates all aspects of the capital budgeting decision process. Pamela Peterson and Frank Fabozzi examine the critical issues and limitations of capital budgeting techniques with an in-depth analysis of: Classifying capital budgeting proposals Determining the relevant cash flows for capital budgeting proposals Assessing the economic value of a capital budgeting proposal using different techniques Incorporating risk into the capital budgeting decision Evaluating whether to lease or borrow-to-buy Capital Budgeting: Theory and Practice provides the knowledge, insight, and advice that will allow you to handle one of the most important aspects of your firm's financial management. Advanced enough for practitioners yet accessible enough for the novice, Capital Budgeting: Theory and Practice is your complete guide to understanding and benefiting from the essential techniques of capital budgeting.
Download or read book How I Became a Quant written by Richard R. Lindsey and published by John Wiley & Sons. This book was released on 2011-01-11 with total page 406 pages. Available in PDF, EPUB and Kindle. Book excerpt: Praise for How I Became a Quant "Led by two top-notch quants, Richard R. Lindsey and Barry Schachter, How I Became a Quant details the quirky world of quantitative analysis through stories told by some of today's most successful quants. For anyone who might have thought otherwise, there are engaging personalities behind all that number crunching!" --Ira Kawaller, Kawaller & Co. and the Kawaller Fund "A fun and fascinating read. This book tells the story of how academics, physicists, mathematicians, and other scientists became professional investors managing billions." --David A. Krell, President and CEO, International Securities Exchange "How I Became a Quant should be must reading for all students with a quantitative aptitude. It provides fascinating examples of the dynamic career opportunities potentially open to anyone with the skills and passion for quantitative analysis." --Roy D. Henriksson, Chief Investment Officer, Advanced Portfolio Management "Quants"--those who design and implement mathematical models for the pricing of derivatives, assessment of risk, or prediction of market movements--are the backbone of today's investment industry. As the greater volatility of current financial markets has driven investors to seek shelter from increasing uncertainty, the quant revolution has given people the opportunity to avoid unwanted financial risk by literally trading it away, or more specifically, paying someone else to take on the unwanted risk. How I Became a Quant reveals the faces behind the quant revolution, offering you?the?chance to learn firsthand what it's like to be a?quant today. In this fascinating collection of Wall Street war stories, more than two dozen quants detail their roots, roles, and contributions, explaining what they do and how they do it, as well as outlining the sometimes unexpected paths they have followed from the halls of academia to the front lines of an investment revolution.
Download or read book Corporate Finance Canadian Edition written by Jonathan Berk and published by Pearson Education. This book was released on 2021-04-20 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "A Canadian text should reflect Canadian realities, and show how they fit into the bigger picture. The Canadian tax system, for example, differs significantly from that of the United States regarding dividends, capital gains, capital cost allowance, leasing, and foreign subsidiary income and its taxation in the parent company. We use the relevant Canadian tax code to make the examples more realistic to students and to give them exposure to how Canadian taxation works. There are many institutional and market differences between Canada and the United States. We have incorporated information on both countries' institutions and markets and often include comparisons with other countries."--
Download or read book Handbook of the Economics of Education written by Eric A Hanushek and published by Elsevier. This book was released on 2006-11-13 with total page 853 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Handbooks in Economics series continues to provide the various branches of economics with handbooks which are definitive reference sources, suitable for use by professional researchers, advanced graduate students, or by those seeking a teaching supplement. With contributions from leading researchers, each Handbook presents an accurate, self-contained survey of the current state of the topic under examination. These surveys summarize the most recent discussions in journals, and elucidate new developments. Although original material is also included, the main aim of this series is the provision of comprehensive and accessible surveys. *Every volume contains contributions from leading researchers *Each Handbook presents an accurate, self-contained survey of a particular topic *The series provides comprehensive and accessible surveys
Download or read book Problem Solving written by Stephen Krulik and published by Allyn & Bacon. This book was released on 1989 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: The teaching of problem solving begins the moment a child first enters school and the senior high school plays a major role in the development of this skill since a number of students terminate their formal education at the end of this period. This book combines suggestions for the teaching of problem solving with activities, problems, and strategy games that students find interesting as they gain valuable experiences in problem solving. Over 120 classroom-tested problems are included. Discussions in this volume include a definition of problem solving, heuristics, and how to teach problem solving. Also provided are collections of strategy games and nonroutine problems, including 35 reproducible blackline masters for selected problems and game boards; and a bibliography of 51 resources on problem solving. (CW)
Download or read book Forestry Economics written by John E. Wagner and published by Routledge. This book was released on 2011-07-26 with total page 440 pages. Available in PDF, EPUB and Kindle. Book excerpt: Forestry Economics introduces students and practitioners to all aspects of the management and economics of forestry. The book adopts the approach of managerial economics textbooks and applies this to the unique processes and problems faced by managers of forests. While most forestry economics books are written by economists for future economists, what many future forest and natural resource managers need is to understand what economic information is and how to use it to make better business and management decisions. John E. Wagner draws on his twenty years of experience teaching and working in the field of forest resource economics to present students with an accessible understanding of the unique production processes and problems faced by forest and other natural resource managers. There are three unique features of this book: The first is its organization. The material is organized around two common economic models used in forest and natural resources management decision making. The second is the use of case studies from various disciplines: Outdoor and Commercial Recreation, Wood Products Engineering, Forest Products, and Forestry. The purpose of these case studies is to provide students with applications of the concepts being discussed within the text. The third is revisiting the question of how to use economic information to make better business decisions at the end of each chapter. This ties each chapter to the preceding ones and reinforces the hypothesis that a solid working knowledge of these economic models and the information they contain are necessary for making better business decisions. This textbook is an invaluable source of clear and accessible information on forestry economics and management for not only economics students, but for students of other disciplines and those already working in forestry and natural resources.
