Some young savers stash their cash in shoe boxes or jelly jars. Others use “piggy banks,” which today look more like spaceships or cartoon characters. In any case, the sample problem arises. Sooner or later, the biggy bank or jelly jar fills up and you have to make a decision.

 44 p mku 08/06/2012 321 1 Download

Letters of Credit are a time-tested instrument of int e rnat ional t rade . They have been used to expand markets for goods and services and to facilitate a variety of financial transactions, either as a method of payment or as a credit enhancement, within as well as across the borders of sovereign states.

 152 p mku 08/06/2012 335 2 Download

In recent years many countries have made drastic changes to the architecture of financial supervision, and more countries are contemplating modifications. The current restructuring wave is making the supervisory landscape less uniform than in the past. In several countries the architecture still reflects the classic model, with separate agencies for banking, securities and insurance supervision. However, an increasing number of...

 48 p mku 08/06/2012 313 1 Download

Although the growing literature on the importance of finance in economic growth contrasts bank-based financial systems with market-based financial systems, little attention has been paid to the role of the bond market. Correspondingly the role of the bond market has been very small relative to that of the banking system or equity markets in most Asian emerging economies. We argue that the underdevelopment of Asian bond markets has...

 43 p mku 08/06/2012 303 1 Download

For nearly 20 years, since the emergence of PCs, Lotus 1-2-3, and Microsoft Excel in the 1980’s, spreadsheet models have been the dominant vehicles for finance professionals in the business world to implement their financial knowledge. Yet even today, most Corporate Finance textbooks rely on calculators as the primary tool and have little (if any) coverage of how to build spreadsheet models. This book fills that gap. It teaches students...

 168 p mku 08/06/2012 316 2 Download

Finance is one of the fastest growing areas in the modern banking and corporate world. This, together with the sophistication of modern financial products, provides a rapidly growing impetus for new mathematical models and modern mathematical methods. Indeed, the area is an expanding source for novel and relevant "real-world" mathematics. In this book, the authors describe the modeling of financial derivative products from an applied...

 338 p mku 08/06/2012 339 3 Download

The prices established and offered in such transactions are generally disseminated and quoted throughout the United States and foreign countries and constitute a basis for determining and establishing the prices at which securities are bought and sold, the amount of certain taxes owing to the United States and to the several States by owners, buyers, and sellers of securities, and the value of collateral for bank loans.

 371 p mku 08/06/2012 187 1 Download

You have here a unique academic treatise on money and banking, a book which combines erudition, clarity of expression, economic theory, monetary theory, economic history, and an appropriate dose of conspiracy theory. Anyone who attempts to explain the mystery of banking—a deliberately contrived mystery in many ways—apart from all of these aspects has not done justice to the topic. But, then again, this is an area in which justice has...

 177 p mku 08/06/2012 341 1 Download

According to Adam Smith, money originated in man’s rational effort to meet the necessity of finding some medium of exchange. Money is responsible for increasing the production and thus adds to the creation of wealth and also in accelerating consumption with the concomitant rise in the standard of living of the people.

 38 p mku 08/06/2012 254 1 Download

The purpose of this book is to provide an introduction to financial decisionmaking, and the framework in which these decisions are made. The Basics of Finance is an accessible book for those who want to gain a better understanding of this field, but lack a strong business background. In this book, we cover the essential concepts, tools, methods, and strategies in finance without delving too far into theory.

 665 p mku 08/06/2012 349 2 Download

Forex – What is it? The international currency market Forex is a special kind of the world financial market. Trader’s purpose on the Forex to get profit as the result of foreign currencies purchase and sale. The exchange rates of all currencies being in the market turnover are permanently changing under the action of the demand and supply alteration

 69 p mku 08/06/2012 387 2 Download

This book is a review of topics from Levels 1 and 2 that provide a foundation for level 3 - topic that the writers of the 2010 level 3 exam assume you are familiar with when you study for and then sit for the level 3 exam. I strongly recommend that you take a little time to read this book before you dive into the 2010 level 3 curriculum.

 112 p mku 08/06/2012 341 2 Download