Scribd Logo
Upload

Welcome to Scribd!

  • 12 views

    Finance Calculations

    Uploaded by

    Daniel Zentao
    1. The document provides financial information about bonds, stocks, and portfolios including nominal and real interest rates, purchase and sale prices, dividends, yields, and returns. 2. It calculates the holding period return, expected return, variance, and standard deviation of a portfolio consisting of different investments. 3. Bond information such as face value, coupon rate, maturity, discount rate, and present values of cash flows are given to calculate total present value, duration, and yield to maturity.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content

    You might also like

    Finance Calculations

    Uploaded by

    Daniel Zentao
    12 views3 pages
    1. The document provides financial information about bonds, stocks, and portfolios including nominal and real interest rates, purchase and sale prices, dividends, yields, and returns. 2. It calculates the holding period return, expected return, variance, and standard deviation of a portfolio consisting of different investments. 3. Bond information such as face value, coupon rate, maturity, discount rate, and present values of cash flows are given to calculate total present value, duration, and yield to maturity.

    Original Description:

    fiance calc

    Original Title

    finance calculations

    Copyright

    © © All Rights Reserved

    Available Formats

    XLSX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    1. The document provides financial information about bonds, stocks, and portfolios including nominal and real interest rates, purchase and sale prices, dividends, yields, and returns. 2. It calculates the holding period return, expected return, variance, and standard deviation of a portfolio consisting of different investments. 3. Bond information such as face value, coupon rate, maturity, discount rate, and present values of cash flows are given to calculate total present value, duration, and yield to maturity.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    12 views3 pages

    Finance Calculations

    Uploaded by

    Daniel Zentao
    1. The document provides financial information about bonds, stocks, and portfolios including nominal and real interest rates, purchase and sale prices, dividends, yields, and returns. 2. It calculates the holding period return, expected return, variance, and standard deviation of a portfolio consisting of different investments. 3. Bond information such as face value, coupon rate, maturity, discount rate, and present values of cash flows are given to calculate total present value, duration, and yield to maturity.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    of 3

    expected hpr

    real rate= nominal/inflation 8.74% divident 4


    nominal = 12.00% sell price 19
    inflation 3.00% buy price 20

    holding period return(hpr) 15.20% capital Asset pricing model


    purchase price 53.75 exp return =risk free rate+beta of inv
    sell price 59.77
    divident 2.15 exp return(k)
    risk free rate
    expected return of portfolio beta
    chance hpr return variance portf return
    0.2 44% 8.80% 0.021125
    0.5 15% 7.50% 0.000613
    0.3 -16% -4.80% 0.022688
    0.00% 0
    0.00% 0
    invest 50000 mean 11.50% 0.04 variance
    std div 21.08%
    xp profit 5750
    credit risk premium = expected return difference beteween 2 portfolio

    accrued interest 4.79 current yield 5.22%


    annual pay 50 coupon 60
    payment time/year 2 cost 1150
    last payment when 35
    payment period lenght 182.5
    flat price 1000
    invoice price 1004.795

    bond present value duration


    face value 1000
    coupon 8%
    matures 5
    discount rate/ytm 10.00% cash flow pres val % of pv weighted %
    yearly present value 1 80 72.72727 7.87% 0.07869348
    2 80 66.1157 7.15% 0.14307905
    3 80 60.10518 6.50% 0.19510779
    4 80 54.64108 5.91% 0.23649429
    5 1080 670.595 72.56% 3.62803747

    1400 100.00% 4.28 years


    totla value 924.1843
    15.00%

    icing model
    xp return =risk free rate+beta of inv*(risky rate-risk free rate)

    15.20%
    6%
    1.15
    14%

    intrinsic value (divident+sale price)/1+exp return(k) continous intr value =divident(expe growth rate/required rate
    intr value 53.75 intr val -127.118644
    divident 2.15 divident 3.75
    sale price 59.77 exp growth 15.20%
    exp retunr(k) 15.20% req return 12.25%
    if intr value > market price =>BUY next year intrinsic value -146.4407 (current price*(1+exp grow

    rate of price appreciation


    divident yield 5.00% cap yield 20.00%
    divident 2.5 price sell 60
    price 50 price buy 50

    futures
    1 year mat future price 3535
    constant growth model price 3500
    g 12.00% T bill rate 3%
    ROE 20% div yield 2%
    plowback(b) 0.6
    pe growth rate/required rate of return)

    (current price*(1+exp growth)

    You might also like