Markets and Instruments Chapter 2
The Money Market
PPT Slide
Auction results
TBill Formulas
Secondary market transactions
Money market instruments
Money market instruments (cont.)
The Fixed-Income Capital Market
Bond features (cont.)
Treasury Notes and Bonds
Treasury quotes From WSJ Wednesday, August 28, 1997
Municipal Bonds
Corporate bonds
Equities
Stock market quotes
Derivative Assets or Contingent Claims
Stock Market Indicators
Factors in constructing or using an index
Examples of domestic indices
Dow Jones Average & Indices
Examples of international indices
Example of bond indices
DJIA
Consider a 2-stock sample
DOW or price-weighted average
Consider 3 stocks
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