The Intelligent Investor: The Definitive Book On Value part 44 pptx

... this book in 1949 the figures were almost the exact opposite: the bonds returned only 2.66% and the stocks yielded 6.82%. 2 In previous editions we have consistently urged that at least 25% of the ... selection for use by the active investor. 34 The Intelligent Investor of the fact that the interest and principal payments on good bonds are much better protected and the...

Ngày tải lên: 08/03/2014, 02:20

... option sellers (also known as option writers). They are only ever called upon to complete the deal when it is not in their favour to do so; in return, they get the price of the option whether the ... come to a conclusion about whether one looks significantly cheaper than the other. But what if, while there is a worthwhile disparity in the two shares’ values, both, and all the ot...

Ngày tải lên: 03/05/2014, 13:38

... paper on junk bonds, Altman (1989) used a mortality rate concept to measure default rates conditional on the age of the bond Altman found that the cumulative bond mortality increases with the age ... proportionate to its size, we adjust the variation of debt by the book value of the firm. The larger the variation of debt, the more likely that default will ensue. Cl...

Ngày tải lên: 15/02/2014, 13:20

... N candidates in the frame F(t − 1) which yield the N lowest values of the cost function. Then, we continue with the motion estimation for each of the N best candidates found in the frame F (t ... finding their N best matches in the frame F (t − 2). We continue the motion estimation this way until the end of the buffer is reached. This way, by only taking into account the a...

Ngày tải lên: 20/06/2014, 04:20

Ngày tải lên: 01/07/2014, 18:20

Ngày tải lên: 01/07/2014, 18:20

Ngày tải lên: 01/07/2014, 18:20