Slide 1Valuing Securities Stocks and Bonds Slide 2 Bond Cash Flows, Prices, and Yields Bond Terminology Face Value Notional amount used to compute the interest/coupon payments…

Slide 1 Models of Risk 2003,3,24 Slide 2 What is risk? Risk: to expose to hazard or danger Risk = riscare (dare to do something) Risk = 危機 (danger and opportunity) Slide…

Aswath Damodaran! 1! Valuation: Basics! Aswath Damodaran Aswath Damodaran! 2! Approaches to Valuation!   Intrinsic valuation, relates the value of an asset to the present…

Slide Sequence Summary The next table summarizes the drifts of the measures of central tendency Note that the means do in fact tie back to the trajectories The last (anomalous?)…

Credit Derivatives Pricing and Applications Exhibit 11.1: Global Credit Derivatives Market Excluding Asset Swap Chart1 180 1997 1997 350 1998 1998 1999 586 1999 740 893 2000…

Slide Sequence Summary The next table summarizes the drifts of the measures of central tendency Note that the means do in fact tie back to the trajectories The last (anomalous?)…

Financial Analysis, Planning and Forecasting Theory and Application By Alice C. Lee San Francisco State University John C. Lee J.P. Morgan Chase Cheng F. Lee Rutgers University…