Valuation and analysis of collateralized mortgage obligations

Article Abstract:

Collateralized Mortgage Obligation (CMO) valuation models are derived using a two-factor model based on interest rate term structure. CMOs consist of sequential pay bond series or mortgage-backed securities, whose structures have become more complex over time. CMOs can be issued using a combination of tranches varying from Planned Amortization Class to Targeted Amortization Class. The derived model will also evaluate the impact of mortgage prepayments and variability of interest rates on different CMO tranches. This model will differ from earlier models by defining stochastic cash flows as well as terminal conditions for all of the CMO tranches involved in the mortgage issuance. This model indicates that the tranches are variously sensitive to change in interest rates, CMO structure as well asthe nature of mortgage structure and collaterals.

Analysis, Mortgage-backed securities, Mortgage backed securities, Mortgage bonds

---

Designing Spreads in Forward Exchange Contracts and Foreign Exchange Futures

Article Abstract:

Foreign exchange futures' risk is analyzed in the process of creating successful spreading strategies. This information is of value both to traders and portfolio managers. Tables of bull and bear statistics are featured. The forward premium is determined to be caused by both the current spot exchange rate as well as the links of home and foreign exchange rates. Tables of conditions for spread strategies are included. Residual exchange risk could be decreased by blending options with requisite spreads.

Foreign exchange

---

Valuation of venture capital investments: empirical evidence

Article Abstract:

A basic binomial valuation model is investigated in modelling the risk-return profiles of venture capital investments. It is concluded that the model has predictive power on the actual future valuations.

Capital Management-Venture Capital, Venture capital companies, Venture capital

Similar abstracts:

• Abstracts: An assessment and analysis of Investors in People in Northern Ireland organizations. The target assessment model as an international standard for self-assessment
• Abstracts: Competitor analysis and interfirm rivalry: toward a theoretical integration. Competition: is it all it's cracked up to be?
• Abstracts: The Fed funds futures rate as a predictor of Federal Reserve policy. Foreign-exchange trading volume and Federal Reserve intervention
• Abstracts: Ad giant's top "jerk" wants it all (and another 50%). Softdrink giant tries the gentle approach

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.