Ch12. 1. Technical feasibility of completing the intangible asset 2. The entity’s intention to complete it for use or sale 3. The entity’s ability to use or sell it 4. Availability of technical, financial, and other resources needed to complete it, and to use or sell it 5. The way in which the future economic benefits will be generated; including the existence of a market for the asset if it will be sold, or its usefulness to the entity if it will be used internally 6. The ability to reliably
Words: 2601 - Pages: 11
e Finance Notes: Week 1 (Chapter 1) The Financial System Chapter Aims • Outline the functions of the Australian financial system • Identify the elements of the Australian financial system Overview of Financial Systems • A financial system facilitates financial transactions through the creation and transfer of financial assets • The key elements of the Australian financial system are □ Financial instruments □ Financial markets □ Financial institutions
Words: 14903 - Pages: 60
高盛财经词典 - 汉英对照 中文词句 安静申请 English Terms Quiet Filing English Definitions The name given to an IPO filing where important details are intentionally excluded. Sent to the SEC in order to begin the process of issuing a new security, these details must be submitted through amendments. This form of filing generally takes longer than the conventional methods. 安全投资转移 Flight to Quality When investors move their capital to the safest possible investment vehicle. It is usually caused by uncertainty in the financial
Words: 41444 - Pages: 166
another investor who wishes to sell. Investment companies do not take part in the transaction. In addition to selling equity shares, closed-ended companies issue a variety of debt and equity securities including preferred stock, regular and convertible bonds, and stock warrants for raising funds. Investment banks act as intermediaries between issuers and investors. The issuer sells securities to investment bankers who in turn sell the securities to investors. The investment banks own the securities
Words: 964 - Pages: 4
Preface From a historical point of view, the main activity of investment banks is what today we call security underwriting. Investment banks buy securities, such as bonds and stocks, from an issuer and then sell them to the final investors. In the eighteenth century, the main securities were bonds issued by governments. The way these bonds were priced and placed is
Words: 86170 - Pages: 345
Thus, debenture is a part of total capital of a company and debenture-holders are the creditors. Debenture-holders are entitled the right to receive interest on their fund invested in debenture. The rate of interest is predetermined and stated in the bond certificate. The interest is payable whether there is profit or loss. Modes Of Issue Of Debentures [pic][pic]The procedure and accounting entries for issue of debentures are very much similar to that of share. A prospectus is issued to the
Words: 1400 - Pages: 6
Lecture 4: Bond Market and Bond Valuation GMBA 609: Managerial Finance Dr Anthony Owusu-Ansah aowusu-ansah@gimpa.edu.gh GIMPA Business School October 2014 Dr Owusu-Ansah (GIMPA Business School) Lecture 4: Bonds October 2014 1 / 49 Learning Objectives At the end of this session, you should be able to: De…ne and understand the basic mechanisms of the bond market Describe interest rate fundamentals, the term structure of interest rates, and risk premiums. Describe the legal
Words: 3151 - Pages: 13
FINANCE 305 : ESSENTIALS OF INVESTMENTS CHAPTER 1: Investments: Background and Issues. REAL ASSETS – assets used to produce goods and services. FINANCIAL ASSETS – claims on real assets or income generated by them. FIXED INCOME (DEBD) SECURITIES – are securities that pay a specified cash flow over and specific period. EQUITY – an ownership share in a corporation. DERIVATIVE SECURITIES – securities providing pay offs that depend on the value of other assets. AGENCY PROBLEMS – conflicts of
Words: 3207 - Pages: 13
FREEPORT 1. Why do you think JPMorgan and Merrill Lynch were selected to underwrite and book-run all $23.3 billion in financings (all debt, common stock, and convertible), instead of sharing the underwriting with additional firms? JPMorgan and Merrill Lynch were selected to underwrite and book-run all of the financings because together they committed $6 billion in bridge loans and to underwrite the entire $17.5 billion in debt financing, plus $1.5 billion in credit lines. This created significant
Words: 1315 - Pages: 6
.. 32 Chapter Twelve: Market Efficiency and Behavioral Finance........................................... 35 Chapter Fourteen: Bond prices and yields ........................................................................ 43 Chapter Fifteen: The Term Structure of Interest Rates..................................................... 48 Chapter Sixteen: Managing Bond Portfolios .................................................................... 53 Chapter Eighteen: Equity Valuation Models ...
Words: 30192 - Pages: 121
