Showing 1 - 10 of 117
English Abstract: They can be seen as the sum of a bond and an option (derivative component). The work explores some of the issues for the evaluation of the theoretical value (or fair value) of this type of bonds, providing an order of magnitude of the difference between the issue price (gross...
Persistent link: https://www.econbiz.de/10013022831
English Abstract: The European Directive on mortgage loans provides important new set of rules specially for those civil law countries (as Italy) having a no efficient foreclosure procedure. The main task of the Directive is not only to give more protection to consumer, in fact the main task is...
Persistent link: https://www.econbiz.de/10012952333
English Abstract: According to MIFID 2 new set of information are to be disclosed to retail client before entering in a … financial transaction. Risk Index and other numbers are becoming more significant than words as key information to be delivered … to the client. In the key information document Risk index and numbers represent virtually 100% of the information needed …
Persistent link: https://www.econbiz.de/10012952335
announcement: the most important newspapers seem to affect stock prices while not providing any new information, confirming the …
Persistent link: https://www.econbiz.de/10013022826
Italian Abstract: Il lavoro effettua una verifica della capacità dell'oro di costituire un'attività rifugio (safe haven asset) nelle fasi di forte tensione sui mercati finanziari. Sotto questo aspetto, l'oro viene confrontato con altri potenziali safe haven assets (titoli sovrani tedeschi e...
Persistent link: https://www.econbiz.de/10013017040
an unambiguous concept and the choice between either approaches depends on the pieces of information one is willing to …
Persistent link: https://www.econbiz.de/10015261767
In capital budgeting, the internal rate of return (IRR) criterion and the net present value (NPV) criterion are considered incompatible in several cases. A longstanding debate developed in past years about the reliability of either method is still an issue of investigation (see, for example,...
Persistent link: https://www.econbiz.de/10015254333
The paper assesses whether the monthly returns of the listed shares of Italian banks are predicted by changes in balance-sheet indicators. The sample covers the period from January 1997 to June 2003. Estimates use both unadjusted and risk-adjusted returns. Results show that the stock returns of...
Persistent link: https://www.econbiz.de/10005609372
Italian Abstract:L'obiettivo di queste note è evidenziare il metodo di ottimizzazione del portafoglio unico per cui l'investitore massimizza la sua funzione di utilità in media e varianza del portafoglio rispetto al vincolo della frontiera efficiente dei possibili pesi in cui le attività...
Persistent link: https://www.econbiz.de/10012889118
Italian Abstract: In queste note si cerca di evidenziare come l'asset pricing, nel contesto di stati di natura discreti emercati completi, sia un metodo per spostare ricchezza attraverso gli stati di natura, per ottenere un consumo il più possibile omogeneo nei diversi stati di natura....
Persistent link: https://www.econbiz.de/10012849817