r to the Mini-S&P contract in Figure 22.1. Assume the closing price for this day. a. If the margin requirement is 23% of the futures price times the contract multiplier of $50, how much must you deposit with your broker to trade the March maturity contract? (Round your answer to the nearest whole dollar.) Required margin deposit b. If the March futures price increases to 2594.70, what percentage return will you earn on your investment if you entered the long side of the contract at the price shown in the figure? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Percentage return on net investment % c. If the March futures price falls by 1%, what is your percentage return? (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to 2 decimal places.) Percentage return on net investment %

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
icon
Related questions
Question

Refer to the Mini-S&P contract in Figure 22.1. Assume the closing price for this day.
a. If the margin requirement is 23% of the futures price times the contract multiplier of $50, how much must you deposit with your broker to trade the March maturity contract? (Round your answer to the nearest whole dollar.)
Required margin deposit
b. If the March futures price increases to 2594.70, what percentage return will you earn on your investment if you entered the long side of the contract at the price shown in the figure? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Percentage return on net investment
%
c. If the March futures price falls by 1%, what is your percentage return? (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to 2 decimal places.)
Percentage return on net investment
%

 

 

Futures Contracts | wsj.com/commodities
Metal & Petroleum Futures
Contract
Open High hi lo low
Copper-High (CMX)-25,000 lbs.; $ per lb.
2.6445 2.6460 2.6410
Jan
March 2.6500 2.6595 2.6315
Gold (CMX)-100 troy oz.; $ per troy oz.
1284.90
Jan
April
May
..
1297.00 1284.10
1298.90 1309.00 1298.50
1286.80
Feb 1287.00
1289.90
June
1302.90
Aug 1310.00 1315.10 1307.80 1309.00
Dec 1317.60 1326.80 1317.60 1321.50
Feb'20 1327.90 1331.00 1327.30 1327.70
Palladium (NYM)-50 troy oz.; $ per troy oz.
March 1242.40 1249.40 1230.80 1240.20
June 1226.20 1231.90 1216.10 1224.30
Platinum (NYM)-50 troy oz.; $ per troy oz.
824.20 825.40
Jan
821.00
April 827.20 836.50 823.30
Silver (CMX)-5,000 troy oz.; $ per troy oz.
Jan
15.750 15.750 15.750 15.669 -0.026
March 15.800 15.880 15.680 15.756 -0.030
Crude Oil, Light Sweet (NYM)-1,000 bbls.; $ per bbl.
Feb
48.22
49.79 A 48.11 48.52
0.56
March 48.49
50.11 A
48.44
48.82
48.85
0.54
0.52
49.60 0.50
49.17
49.32
49.79
51.32
June
Dec
Settle
2.650 2.708
2.637 2.687
July 2.718 2.765
Oct
2.710
2.761
2.910
2.793
2.640
2.625
2.708
2.698
2.6410 -0.0105 1,756
2.6370 -0.0105 138,638
818.40
824.30
50.47 A
48.80
50.90 A
49.32
49.72
52.77 A 51.30
51.33 A
50.04 0.48
51.48 0.40
NY Harbor ULSD
(NYM)-42,000 gal.; $ per gal.
Feb 1.7775 1.8245 1.7764 1.7784
March 1.7691 1.81601.7690 1.7714
Gasoline-NY RBOB (NYM)-42,000 gal.; $ per gal.
Feb 1.3585 1.3945 1.3389 1.3408-0070
March 1.37 16 1.4080 1.3524 1.3541.0077
Natural Gas (NYM)-10,000 MMBtu.; $ per MMBtu.
Feb
2.932 2.994
March
2.812 2.886
April
May
Chg
4.10
353
4.10 302,111
4.20 43.689
4.10 10,837
4.10 9,830
4.20
3,090
5.80
4.70
28.26
28.51
-3.60
261
-2.90 85,951
0092
0104
382.25 -.75
397.50 -.75
279.50 -.50
276.00 -4.25
Lumber (CME)-110,000 bd.ft; $ per 1,000 bd. ft.
Jan 326.20 326.20 323.00 324.80
March 332.20 333.00 328.00 330.80
Milk (CME)-200,000 lbs.; cents per lb.
Jan
14.16 14.26 ▼ 14.12
14.72 14.73 14.55
Cocoa (ICE-US)-10 metric tons; $ per ton.
Feb
March
2,362 2,413
2,356
May
2,395 2,449
2,394
2,410
2,447
Open
interest
2.944 -.100 174,258
2.847 -.058 270,970
2.677 -.011 148,613
2.662 -.002 132,474
2.746 -.007 62,540
2.751
-.016 105,445
Agriculture Futures
Corn (CBT)-5,000 bu.; cents per bu.
March 382.25 384.00 A 381.75
July 397.50 399.00 397.00
Oats (CBT)-5,000 bu.; cents per bu.
March 279.50 280.25 276.50
May 279.50 279.50▼ 274.00
Soybeans (CBT)-5,000 bu.; cents per bu.
Jan 909.50 915.75 909.50 912.25
March 921.00 927.75 920.75 924.25
Soybean Meal (CBT)-100 tons.; $ per ton.
Jan 316.00 319.30A 316.00 318.20
March 319.40 323.30 319.20 322.20
Soybean Oil (CBT)-60,000 lbs.; cents per lb.
Jan
28.47 28.55 28.26
March 28.70 28.80 ▲ 28.47
Rough Rice (CBT)-2,000 cwt.; $ per cwt.
March 1048.00 1069.00 1048.00
May
1071.50 1083.50 A 1071.50
Wheat (CBT)-5,000 bu.; cents per bu.
March 518.00 518.50 513.50
July 530.50 530.50 525.50
Wheat (KC)-5,000 bu.; cents per bu.
March 506.25 507.25 500.50
May 517.50 518.75 512.00
Wheat (MPLS)-5,000 bu.; cents per bu.
March 570.25 572.00 565.50 568.00 -2.25
May 575.50 577.25 570.75 573.25 -2.25
Cattle-Feeder (CME)-50,000 lbs.; cents per lb.
Jan 144.600 146.325 144.200 146.000 1.100 8,483
March 142.150 144.425 142.000 143.900 1.075 25,193
Cattle-Live (CME)-40,000 lbs.; cents per lb.
Feb 121.800 123.400 121.425 123.200 1.275 129,414
April 123.850 125.375 123.500 125.075 1.075 115,863
Hogs-Lean (CME)-40,000 lbs.; cents per lb.
Feb 61.950 62.150 61.250 61.900 -.050 79,843
April 66.700 66.900 65.825 66.375 -.375 60,839
1066.50 18.50
1082.50 18.50
24,797
3,313
-.15
-.13
820
142,916
367,400
319,791
136,259
115,849
229,259
191,808
109,341
73,598
1.20
.90
14.14 -.11
14.57 -.17
120,856
88,591
2.75 3,422
2.75 337,323
3.10 1,798
3.20 193,399
751,642
242,635
4,124
638
516.75 -.25 229,028
527.00 -2.50 76,657
503.00 -3.00 182,341
514.50 -3.00 55,722
972
219,566
7,164
102
33,947
13,177
398
2,724
4.391
4,095
49 96,443
49 51,809
Contract
Open High hi lo low
Settle
Coffee (ICE-US)-37,500 lbs.; cents per lb.
March 101.50 103.45 A 101.15
May
102.75
104.40 106.55 104.30 105.75
Sugar-World (ICE-US)-112,000 lbs.; cents per lb.
March 11.95 12.67 ▲ 11.94 12.65
May 12.04 12.73 A 12.03 12.72
Sugar-Domestic (ICE-US)-112,000 lbs.; cents per lb.
March 25.40 25.40 25.34 25.40
May
25.50 25.54 25.50
Cotton (ICE-US)-50,000 lbs.; cents per lb.
March 72.52 73.92 72.48
25.50
72.75
May 73.99 75.23 ▲ 73.92 74.10
Orange Juice (ICE-US)-15,000 lbs.; cents per lb.
Jan 121.20 122.00 121.15 121.95
March 123.75 124.80 122.85 123.85
***
Chg
1.15
1.10
.72
.70
.04
-.01
.23
.16
Interest Rate Futures
Treasury Bonds (CBT)-$100,000; pts 32nds of 100%
March 146-230 147-170 146-040 146-160 -12.0
June 146-160 146-190 145-300 145-270 -13.0
Treasury Notes (CBT)-$100,000; pts 32nds of 100%
March 122-060 122-150 121-290 122-015
June 122-150 122-240 122-065 122-105
5 Yr. Treasury Notes (CBT)-$100,000; pts 32nds of 100%
March 114-215 114-280 114-155 114-187
Currency Futures
Japanese Yen (CME)-12,500,000; $ per 100%
9211
Jan
.9228 .9257
March 9272
.9310
Canadian Dollar (CME)-CAD 100,000; $ per CAD
.9247
.7479
7484
Jan
7530 ▲ 7479
March
.75447484
British Pound (CME)-£62,500; $ per £
Jan
1.2775 .0031
1.2747 1.2775 A 1.2729
March
1.2780 1.2832 A 1.2764 1.2815 .0031
Swiss Franc (CME)-CHF 125,000; $ per CHF
March 1.0206 1.0285 1.0200 1.0277 .0071
June 1.0330 1.0369 1.0292 1.0368 .0071
Australian Dollar (CME)-AUD 100,000; $ per AUD
Jan
.7125 .7150 ▲ 7124 .7143 .0026
Feb .7135 71487135 .7147 .0026
March .7129
71587122 .7150 .0026
April 7144 71497144 .7153 .0026
.7133 7160 A 7133 7160 .0027
Sept 7147 71617147 .7169 .0026
Mexican Peso (CME)-MXN 500,000; $ per MXN
March 05107 05129 ▲ 05084
June 04890 .04905 ▲.04887
Euro (CME) €125,000; $ per €
Jan 1.1415 1.1488 1.1415
March 1.1475 1.1551 1.1471
June
.65
582
.55 14,103
.9213-0008
.9259 -.0009
1405.90
1410.50
.7522 .0054
.7533 .0054
Open
interest
127,138
60,630
-8.0 4,102,583
-7.5
2,418
2 Yr. Treasury Notes (CBT)-$200,000; pts 32nds of 100%
March 106-045 106-065 106-010 106-025 -2.7 2,552,998
30 Day Federal Funds (CBT)-$5,000,000; 100-daily avg.
Jan 97.600 97.600 97.598 97.598 - .002 317,562
April 97.605 97.615 97.600 97,605 -.005 310,713
10 Yr. Del. Int. Rate Swaps (CBT)-$100,000; pts 32nds of 100%
March 102.766 102.797 102.297 102.391 -.219
27,938
A
1 Month Libor (CME)-$3,000,000; pts of 100%
Jan
97.4875 .0075
Eurodollar (CME)-$1,000,000; pts of 100%
Jan 97.2300 97.2375 97.2250 97.2300 .0050 268.383
March 97.2850 97.3150 97.2850 97.3000 .0050 1,429,121
June 97.3050 97.345097.2900 97.3150
... 1,252,674
Dec 97.3650 97.4100 ▼97.3250 97.3550 -.0250 1,740,407
1.1486 .0079
1.1547 .0079
389,965
188,201
-5.5 4,590,715
2,718
2,455
126,870
39,088
949,992
61
6496.5 62.5
6520.8 63.8
10.70
535
1,190
222,921
723
166,071
05113 .00014 161,111
05035 .00013
35
2,616
204,679
66,727
95
331
680
124,074
253
661
121
Index Futures
23512
23530
Mini DJ Industrial Average (CBT)-$5 x index
March 23470 23668 A 23279
Dec 23523 23686 ▲ 23350
S&P 500 Index (CME)-$250 x index
March 2536.70 2567.00 2525.00
Mini S&P 500 (CME)-$50 x index
March 2537.25 2567.50 A 2523.25
June 2540.25 2571.25 A 2528.50
Mini S&P Midcap 400 (CME)-$100 x index
March 1690.00 1717.10 A 1679.20 1703.30
Mini Nasdaq 100 (CME)-$20 X index
March 6451.3 6535.8 A 6402.5
June 6471.5 6557.0 6427.0
Mini Russell 2000 (CME)-$50 x index
March 1384.40 1414.60 1375.80
June 1391.60 1417.90 A 1386.80
Mini Russell 1000 (CME)-$50 x index
7,664
March 1402.00 1418.90 1402.00 1409.80
U.S. Dollar Index (ICE-US)-$1,000 x index
95.71 95.73 ▼ 95.20 95.23 -.52 57,402
95.08 95.08▼ 94.75 94.74 -51
945
March
June
1,938
489,919
117 72,535
544
118
2550.60 19.30 39,216
2550.50 19.20 2,634,252
2555.00 19.40 27,554
17.70 69,276
196,948
1,350
24.30 465,350
25.00
534
Transcribed Image Text:Futures Contracts | wsj.com/commodities Metal & Petroleum Futures Contract Open High hi lo low Copper-High (CMX)-25,000 lbs.; $ per lb. 2.6445 2.6460 2.6410 Jan March 2.6500 2.6595 2.6315 Gold (CMX)-100 troy oz.; $ per troy oz. 1284.90 Jan April May .. 1297.00 1284.10 1298.90 1309.00 1298.50 1286.80 Feb 1287.00 1289.90 June 1302.90 Aug 1310.00 1315.10 1307.80 1309.00 Dec 1317.60 1326.80 1317.60 1321.50 Feb'20 1327.90 1331.00 1327.30 1327.70 Palladium (NYM)-50 troy oz.; $ per troy oz. March 1242.40 1249.40 1230.80 1240.20 June 1226.20 1231.90 1216.10 1224.30 Platinum (NYM)-50 troy oz.; $ per troy oz. 824.20 825.40 Jan 821.00 April 827.20 836.50 823.30 Silver (CMX)-5,000 troy oz.; $ per troy oz. Jan 15.750 15.750 15.750 15.669 -0.026 March 15.800 15.880 15.680 15.756 -0.030 Crude Oil, Light Sweet (NYM)-1,000 bbls.; $ per bbl. Feb 48.22 49.79 A 48.11 48.52 0.56 March 48.49 50.11 A 48.44 48.82 48.85 0.54 0.52 49.60 0.50 49.17 49.32 49.79 51.32 June Dec Settle 2.650 2.708 2.637 2.687 July 2.718 2.765 Oct 2.710 2.761 2.910 2.793 2.640 2.625 2.708 2.698 2.6410 -0.0105 1,756 2.6370 -0.0105 138,638 818.40 824.30 50.47 A 48.80 50.90 A 49.32 49.72 52.77 A 51.30 51.33 A 50.04 0.48 51.48 0.40 NY Harbor ULSD (NYM)-42,000 gal.; $ per gal. Feb 1.7775 1.8245 1.7764 1.7784 March 1.7691 1.81601.7690 1.7714 Gasoline-NY RBOB (NYM)-42,000 gal.; $ per gal. Feb 1.3585 1.3945 1.3389 1.3408-0070 March 1.37 16 1.4080 1.3524 1.3541.0077 Natural Gas (NYM)-10,000 MMBtu.; $ per MMBtu. Feb 2.932 2.994 March 2.812 2.886 April May Chg 4.10 353 4.10 302,111 4.20 43.689 4.10 10,837 4.10 9,830 4.20 3,090 5.80 4.70 28.26 28.51 -3.60 261 -2.90 85,951 0092 0104 382.25 -.75 397.50 -.75 279.50 -.50 276.00 -4.25 Lumber (CME)-110,000 bd.ft; $ per 1,000 bd. ft. Jan 326.20 326.20 323.00 324.80 March 332.20 333.00 328.00 330.80 Milk (CME)-200,000 lbs.; cents per lb. Jan 14.16 14.26 ▼ 14.12 14.72 14.73 14.55 Cocoa (ICE-US)-10 metric tons; $ per ton. Feb March 2,362 2,413 2,356 May 2,395 2,449 2,394 2,410 2,447 Open interest 2.944 -.100 174,258 2.847 -.058 270,970 2.677 -.011 148,613 2.662 -.002 132,474 2.746 -.007 62,540 2.751 -.016 105,445 Agriculture Futures Corn (CBT)-5,000 bu.; cents per bu. March 382.25 384.00 A 381.75 July 397.50 399.00 397.00 Oats (CBT)-5,000 bu.; cents per bu. March 279.50 280.25 276.50 May 279.50 279.50▼ 274.00 Soybeans (CBT)-5,000 bu.; cents per bu. Jan 909.50 915.75 909.50 912.25 March 921.00 927.75 920.75 924.25 Soybean Meal (CBT)-100 tons.; $ per ton. Jan 316.00 319.30A 316.00 318.20 March 319.40 323.30 319.20 322.20 Soybean Oil (CBT)-60,000 lbs.; cents per lb. Jan 28.47 28.55 28.26 March 28.70 28.80 ▲ 28.47 Rough Rice (CBT)-2,000 cwt.; $ per cwt. March 1048.00 1069.00 1048.00 May 1071.50 1083.50 A 1071.50 Wheat (CBT)-5,000 bu.; cents per bu. March 518.00 518.50 513.50 July 530.50 530.50 525.50 Wheat (KC)-5,000 bu.; cents per bu. March 506.25 507.25 500.50 May 517.50 518.75 512.00 Wheat (MPLS)-5,000 bu.; cents per bu. March 570.25 572.00 565.50 568.00 -2.25 May 575.50 577.25 570.75 573.25 -2.25 Cattle-Feeder (CME)-50,000 lbs.; cents per lb. Jan 144.600 146.325 144.200 146.000 1.100 8,483 March 142.150 144.425 142.000 143.900 1.075 25,193 Cattle-Live (CME)-40,000 lbs.; cents per lb. Feb 121.800 123.400 121.425 123.200 1.275 129,414 April 123.850 125.375 123.500 125.075 1.075 115,863 Hogs-Lean (CME)-40,000 lbs.; cents per lb. Feb 61.950 62.150 61.250 61.900 -.050 79,843 April 66.700 66.900 65.825 66.375 -.375 60,839 1066.50 18.50 1082.50 18.50 24,797 3,313 -.15 -.13 820 142,916 367,400 319,791 136,259 115,849 229,259 191,808 109,341 73,598 1.20 .90 14.14 -.11 14.57 -.17 120,856 88,591 2.75 3,422 2.75 337,323 3.10 1,798 3.20 193,399 751,642 242,635 4,124 638 516.75 -.25 229,028 527.00 -2.50 76,657 503.00 -3.00 182,341 514.50 -3.00 55,722 972 219,566 7,164 102 33,947 13,177 398 2,724 4.391 4,095 49 96,443 49 51,809 Contract Open High hi lo low Settle Coffee (ICE-US)-37,500 lbs.; cents per lb. March 101.50 103.45 A 101.15 May 102.75 104.40 106.55 104.30 105.75 Sugar-World (ICE-US)-112,000 lbs.; cents per lb. March 11.95 12.67 ▲ 11.94 12.65 May 12.04 12.73 A 12.03 12.72 Sugar-Domestic (ICE-US)-112,000 lbs.; cents per lb. March 25.40 25.40 25.34 25.40 May 25.50 25.54 25.50 Cotton (ICE-US)-50,000 lbs.; cents per lb. March 72.52 73.92 72.48 25.50 72.75 May 73.99 75.23 ▲ 73.92 74.10 Orange Juice (ICE-US)-15,000 lbs.; cents per lb. Jan 121.20 122.00 121.15 121.95 March 123.75 124.80 122.85 123.85 *** Chg 1.15 1.10 .72 .70 .04 -.01 .23 .16 Interest Rate Futures Treasury Bonds (CBT)-$100,000; pts 32nds of 100% March 146-230 147-170 146-040 146-160 -12.0 June 146-160 146-190 145-300 145-270 -13.0 Treasury Notes (CBT)-$100,000; pts 32nds of 100% March 122-060 122-150 121-290 122-015 June 122-150 122-240 122-065 122-105 5 Yr. Treasury Notes (CBT)-$100,000; pts 32nds of 100% March 114-215 114-280 114-155 114-187 Currency Futures Japanese Yen (CME)-12,500,000; $ per 100% 9211 Jan .9228 .9257 March 9272 .9310 Canadian Dollar (CME)-CAD 100,000; $ per CAD .9247 .7479 7484 Jan 7530 ▲ 7479 March .75447484 British Pound (CME)-£62,500; $ per £ Jan 1.2775 .0031 1.2747 1.2775 A 1.2729 March 1.2780 1.2832 A 1.2764 1.2815 .0031 Swiss Franc (CME)-CHF 125,000; $ per CHF March 1.0206 1.0285 1.0200 1.0277 .0071 June 1.0330 1.0369 1.0292 1.0368 .0071 Australian Dollar (CME)-AUD 100,000; $ per AUD Jan .7125 .7150 ▲ 7124 .7143 .0026 Feb .7135 71487135 .7147 .0026 March .7129 71587122 .7150 .0026 April 7144 71497144 .7153 .0026 .7133 7160 A 7133 7160 .0027 Sept 7147 71617147 .7169 .0026 Mexican Peso (CME)-MXN 500,000; $ per MXN March 05107 05129 ▲ 05084 June 04890 .04905 ▲.04887 Euro (CME) €125,000; $ per € Jan 1.1415 1.1488 1.1415 March 1.1475 1.1551 1.1471 June .65 582 .55 14,103 .9213-0008 .9259 -.0009 1405.90 1410.50 .7522 .0054 .7533 .0054 Open interest 127,138 60,630 -8.0 4,102,583 -7.5 2,418 2 Yr. Treasury Notes (CBT)-$200,000; pts 32nds of 100% March 106-045 106-065 106-010 106-025 -2.7 2,552,998 30 Day Federal Funds (CBT)-$5,000,000; 100-daily avg. Jan 97.600 97.600 97.598 97.598 - .002 317,562 April 97.605 97.615 97.600 97,605 -.005 310,713 10 Yr. Del. Int. Rate Swaps (CBT)-$100,000; pts 32nds of 100% March 102.766 102.797 102.297 102.391 -.219 27,938 A 1 Month Libor (CME)-$3,000,000; pts of 100% Jan 97.4875 .0075 Eurodollar (CME)-$1,000,000; pts of 100% Jan 97.2300 97.2375 97.2250 97.2300 .0050 268.383 March 97.2850 97.3150 97.2850 97.3000 .0050 1,429,121 June 97.3050 97.345097.2900 97.3150 ... 1,252,674 Dec 97.3650 97.4100 ▼97.3250 97.3550 -.0250 1,740,407 1.1486 .0079 1.1547 .0079 389,965 188,201 -5.5 4,590,715 2,718 2,455 126,870 39,088 949,992 61 6496.5 62.5 6520.8 63.8 10.70 535 1,190 222,921 723 166,071 05113 .00014 161,111 05035 .00013 35 2,616 204,679 66,727 95 331 680 124,074 253 661 121 Index Futures 23512 23530 Mini DJ Industrial Average (CBT)-$5 x index March 23470 23668 A 23279 Dec 23523 23686 ▲ 23350 S&P 500 Index (CME)-$250 x index March 2536.70 2567.00 2525.00 Mini S&P 500 (CME)-$50 x index March 2537.25 2567.50 A 2523.25 June 2540.25 2571.25 A 2528.50 Mini S&P Midcap 400 (CME)-$100 x index March 1690.00 1717.10 A 1679.20 1703.30 Mini Nasdaq 100 (CME)-$20 X index March 6451.3 6535.8 A 6402.5 June 6471.5 6557.0 6427.0 Mini Russell 2000 (CME)-$50 x index March 1384.40 1414.60 1375.80 June 1391.60 1417.90 A 1386.80 Mini Russell 1000 (CME)-$50 x index 7,664 March 1402.00 1418.90 1402.00 1409.80 U.S. Dollar Index (ICE-US)-$1,000 x index 95.71 95.73 ▼ 95.20 95.23 -.52 57,402 95.08 95.08▼ 94.75 94.74 -51 945 March June 1,938 489,919 117 72,535 544 118 2550.60 19.30 39,216 2550.50 19.20 2,634,252 2555.00 19.40 27,554 17.70 69,276 196,948 1,350 24.30 465,350 25.00 534
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Fundamentals of Financial Management (MindTap Cou…
Fundamentals of Financial Management (MindTap Cou…
Finance
ISBN:
9781337395250
Author:
Eugene F. Brigham, Joel F. Houston
Publisher:
Cengage Learning
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Finance
ISBN:
9780077861759
Author:
Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor
Publisher:
McGraw-Hill Education