:financialmeansthatfacilitatetheflowoffunds.Eg:Checks;Draft/billofexchange;MoneyorderDerivativeinstruments衍生金融工具:securitieswhosevalueisbasedon/derivedfromthevalueofequityanddebt.forwards远期(合同)Futures期货Options期权Swaps互换/掉期Copyright©2010PearsonEducation,Inc.PublishingasPrenticeHall39moneytransmissionfaci...
40、 in each countrylInvestors seek the highest real after-tax, exchange rate adjusted rate of return around the worldnAttempts to forecast demand/supply shiftsnForecast economic sector activity and impact upon demand/supply of loanable fundsnForecast incremental effects on interest ratesnForecasting ...
米什金《货币金融学-英文第12版》PPT课件-第十三章-央行和联邦储备系统 Finance
Each member country of the IMF is assigned a quota, based broadly on its relative size in the world economy. A members quota determines its maximum financial commitment to the IMF and its voting power, and has a bearing on its access to IMF financing. Total quotas at end-December 2003 ...
1.1FinancialMarketsFinancialMarkets(P2):Marketsinwhichfundsaretransferredfrompeoplewhohaveanexcessofavailablefundstopeoplewhohaveashortage.金融市场:资金从那些可用资金过剩的人转移到资金短缺的人的市场。Whystudyfinancialmarkets?•Channelfundsfromsaverstoborrowers,therebypromotingeconomicefficiency•Affectpersonalwealth...
(Incremental revenue, cost savings, synergies) $ Financial Purchaser Evaluation (Theoretical value based on targeted returns) Maximizing Value in a Sale Transaction Financial Advisory Acquisition Engagement Assist in developing acquisition criteria Assist in identifying target companies Valuation of target ...
(real sector) 经常账户(current account)和资本账户(capital account) 反映货物与服务、收入以及经常转移等实际资源变动 金融经济部分(financial sector) 金融账户(financial account) 反映与之相对应的海外金融资产或负债变化的账户 【1.4国际收支平衡表的账户设置】 基本规则: 在经常账户和资本账户中,分别设置“贷方(...
And the need to invest in six-figure chunks often means coming on board later in a startup's life cycle, when there's less risk and more ability to put large amounts of money to work. 必须要投入六位数的资金往往意味着在初创企业的生命周期中,(风险投资)进入的时机较晚,而在这个时候企业的...
1 ChapterPreview •Welookattwononbankinstitutions:insurancecompaniesandpensionfunds.Weviewtheminasimilarlightasotherfinancialintermediariesbecausetheytakefundsfromonesectorandinvesttheminanother.Topinclude:•InsuranceCompanies•FundamentalsofInsurance•GrowthandOrganizationofInsuranceCompanies•TypesofInsurance PPT...
•Majorfunctions:•channelhouseholdsavingstocorporatesector•allocateinvestmentfundsamongfirms•Allowsmoothconsumptionbyhouseholdsand expendituresbyfirms•enablehouseholdsandfirmstosharerisks 5 第5页/共50页 •Theparticipantsinthefinancialsystem:savers;investorsandotherborrowers;financialintermediaries;brokersand...