Why is it critical for us to learn the concept of (security) validation? The normal forward P/E and the normal trailing P/E always differ by 1.0. Explain the difference. If an asset lies above the security market line, is it overpriced or underpriced? Explain why. ...
Describe the two basic types of stock markets. Define secondary securities. What are some ways private equity firms do deal origination/sourcing? Hedgers trade price risk for basis risk. What is meant by this statement? In particular, explain the concept of the basis...
Describe the two basic types of stock markets. Define secondary securities. What are some ways private equity firms do deal origination/sourcing? Hedgers trade price risk for basis risk. What is meant by this statement? In particular, explain the concept of the...