... 2002 by The McGraw-Hill Companies, Inc. All rights reserved.
McGraw Hill / Irwin
7 - 33
Adolph Coors Company Case Study
Original + 10% – 10%
Gross margin 40 .88 % 40 .88 % 40 .88 %
Operating margin ... edition
Fundamentals
of
Investments
Valuation & Management
Charles J. Corrado Bradford D.Jordan
McGraw Hill / Irwin Slides by Yee-Tien
(Ted) Fu
Adolph Coors Company Case Study...
... pay off the loan with interest, you will have
$60,000 - $21,200 = $ 38, 800. You started with $30,000 and ended with $ 38, 800, so your net gain
is $8, 800. In percentage terms, your return was $8, 800 ... your
dollar loss is $9,900 - $7 ,87 2 = $2,0 28. Your percentage return is -$ 2,0 28/ $9,900 = -2 0. 48 percent.
If you had not leveraged your investment, you would have purc...
... Initial NAV = $ 18. 75 ; Final NAV = $ 18. 75(1 + [. 18 – .0 085 ] ) = $21.97 = Sale proceeds
Total return = ($21.97 – $ 18. 75)/$ 18. 75 = 17.15%
17. Municipal fund: aftertax yield = .0 48( 1 – . 08) = 4.42%
Taxable ... front-end or back-end
loads and no or minimal 12b-1 fees are often called “pure” no-load funds to distinguish them from
the “not-so-pure” funds that may have no loads but st...
... Chapter 8
CHECK THIS
8. 3a What are the day -of- the-week and January effects?
8. 3b Why is the performance of professional money managers puzzling?
8. 4 Summary and Conclusions
In this chapter, we examined ... shares)
Relative
strength
1 $80 $80 1.00
2 96 82 1.17
3 1 28 80 1.60
4 120 84 1.43
5 112 85 1.32
6 96 88 1.09
Phat Co. has significantly outperformed GRRL Power over muc...
... because of the lack of coupons
8. Duration Which one of the following bonds has the shortest duration? (1 988 CFA exam)
a. zero coupon, 10-year maturity
b. zero coupon, 13-year maturity
c. 8 percent ... bond's
modified duration? (1992 CFA exam)
a. 8. 12
b. 8. 47
c. 8. 51
d. 9.25
14. Using duration A nine-year bond has a yield-to-maturity of 10 percent and a modified
duratio...
... to kinetic energy of the block by the kinetic friction. This is
the hallmark of non-conservative forces.
( 8- 4 )
Chapter 8
Potential Energy and Conservation of Energy
In this chapter we will ...
there)
( 8- 1 0)
The potential Energy Curve
If we plot the potential energy U versus x for a
force F that acts along the x-axis we can glean a
wealth of information about the...