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Valuing Fixed-income Investments and Derivative Securities
Steven L. AllenArnold D. Kleinstein
其他書名
Cash-flow Analysis and Calculations
出版New York Institute of Finance, 1991
主題Business & Economics / Investments & Securities / General
ISBN01393177599780139317750
URLhttp://books.google.com.hk/books?id=mPR_QgAACAAJ&hl=&source=gbs_api
註釋A reference designed to help the reader to calculate the value of a fixed-income investment such as a Treasury bond. Fixed income investments are securites that pay a fixed rate of return. Derivative securities are newer investment products that have the basic characteristics of a traditional instrument, such as stock or a bond, but with a new element or two added. Investors focus on cash flow, because it determines whether a company can pay dividends to its investors. Cash flow also determines how often and how much of a dividend is paid.