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11 Stocks
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Financial Markets (ECON 252) The stock market is the information center for the ...
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(JASO, PPHM, HIL) CRWENew...
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Good Morning, It’s Thursday Dec 29, 2011, I’m Christina Collins with CRWENew...
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(MOSY, DYSL, STAN) CRWENe...
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Welcome to CRWENewswire, Stocks to Watch for Friday Dec. 30th, 2011. I am Lynn L...
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(TGAL, OTTR, MOSY) CRWENe...
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Good Morning, It’s Friday Dec 30th, 2011, I’m Christina Collins with CRWENew...
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(TISI, CRWE, BMTI) CRWENe...
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Welcome to CRWENewswire, Stocks to Watch for Wed Jan. 04, 2012. I am Shalika Jay...
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23 Options Markets
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Financial Markets (ECON 252)Options introduce an essential nonlineary into portfolio management. The...
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7 Behavioral Finance The Ro...
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Financial Markets (ECON 252)Behavioral Finance is a relatively recent revolution in finance that app...
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21 Forwards and Futures
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Financial Markets (ECON 252)Futures markets were started in Osaka, Japan in the 1600s to create an a...
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2 The Universal Principle o...
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Financial Markets (ECON 252)Statistics and mathematics underlie the theories of finance. Probability...
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4 Portfolio Diversification...
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Financial Markets (ECON 252)Portfolio diversification is the most fundamental concept of risk manage...
Financial Markets wi...  |
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Description: Financial Markets (ECON 252)The stock market is the information center for the corporate sector. It represents individuals' ownership in publicly-held corporations. Although corporations have a variety of stakeholders, the shareholders of a for-profit corporation are central since the company is ultimately responsible to them. Companies offer dividends, stock repurchases and stock dividends to give profits back to shareholders or to signal information. Companies can also take on debt to raise capital, creating leverage. The Modigliani-Miller theory of a company's leverage in its simplest form implies the leverage ratio doesn't matter, but including bankruptcy costs and tax effects give us a positive theory of the ratio.Complete course materials are available at the Open Yale Courses website: http://open.yale.edu/coursesThis course was recorded in Spring 2008.