Forum / Vertiefungsmodule / Project and Enterprise Financing

Ich meinte die Betas für Bsp 4. Da hat irgendjemand gesagt, dass Beta_i = Cov(i,m)/Var(i,m) Cov(i,m) = sigma_isigma_mCorr(i,m) Aber wie können Wir die Var(i,m) finden?

Und noch eine Frage......wie berechnet ihr das Bsp 1. a1) und a2)?????

Ich glaube nicht, dass es eine Var(i,m) gibt. Beta(i) = Cov(i,m)/Var(m)

mit der passenden Formel bekommst du in Bsp4 zb für Beta(a)= (0.72015)/15^2 = 0.933

Hat jemand eine Ahnung für die Lösung von Take Home Exam - Telegate Firma?

Hey guys.....how we have to calculate the initial return....do we have to calculate it on a daily basis: (P1-P0)/P0 or it should be calculated for the whole period: (Pn-P0)/P0 or (Pn-OfferPriceAdjusted)/OfferPriceAdjusted???????????

And one other question: We have to calculate the BHRs till the third year anniversary? Does this mean that I have to calculate them for example from 29.02.1999 till 29.02.2002?? Thank you :)

Initial return is (P1-P0)/P0

For the BHR I have some doubts. I calculated the daily return for each day until the third year anniversary, then i made (1+R(t)) for each day and made the product of all the (1+R(t)) and subtracted 1. But the exercise asks to calculate the BHR returns for each day until the third year anniversary. Therefore I don't know if it's correct. The same I did for the BHR of the benchmark, and for the BHAR I simply made the difference between the two BHRs.

Hey guys.....how we have to calculate the initial return....do we have to calculate it on a daily basis: (P1-P0)/P0 or it should be calculated for the whole period: (Pn-P0)/P0 or (Pn-OfferPriceAdjusted)/OfferPriceAdjusted???????????

And one other question: We have to calculate the BHRs till the third year anniversary? Does this mean that I have to calculate them for example from 29.02.1999 till 29.02.2002?? Thank you :)

The Initial Return is just for the first day: It is the difference between the closing price from the first day and the issue price divided by the issue price (see PEF 10-12 p.47) in my excel file prof. Aussenegg included the offer price on the second excel sheet;

I calculated the BHRs and the BHARs for the time period you wrote as well, just for the first three years :)

Hi guys! For those of you who are participating in the following course "Financial Management and Reporting (FMR)" there is a new thread on Studify to post questions & answers concerning FMR's Exams, Take-Home-Exams and Additional-Exams.

Here you go: https://www.studify.at/tu-wien-mb-wimb-vt/master/vertiefungsmodule-betriebswissenschaften/3505-financial-management-reporting.html#post25035