That compares with a gain of 32 percent, or almost 6 percent a year, from the riskless _ and far less exciting _ strategy of buying one-year Treasury bills and rolling them over each year.
42.
The equity risk premium is the difference between the expected total return on a capitalization-weighted stock market index and the yield on a riskless government bond ( in this case one with 10 years to maturity ).
43.
Then on day one, the writer will allocate ( 5 * ( $ 100 $ 90 ) ) = $ 50 to the risky asset and the remaining $ 50 to the riskless asset ( the bond ).
44.
Riskless principal trades are those in which a broker locates a bond for a client at another securities firm " and owns those bonds for a minute amount of time " before selling it to the customer, said Colby.
45.
"The only riskless asset is an inflation-linked bond, and if you're looking at things in a taxable context, then the only riskless asset is a tax-exempt inflation-linked bond,"
46.
"The only riskless asset is an inflation-linked bond, and if you're looking at things in a taxable context, then the only riskless asset is a tax-exempt inflation-linked bond,"
47.
If the trader was able to short sell an asset whose price had a mathematically defined relation with Company A's stock price ( for example a put option on Company A shares ), the trade might be essentially riskless.
48.
The Internet will make avoiding taxes so easy and riskless for all but the lowest earners, Rees-Mogg and Davidson assert, that sovereignty will inevitably shift to the individual, leaving the nation-state to die of fiscal starvation.
49.
Black and Scholes'insight is that the portfolio represented by the right hand side is riskless : thus the equation says that the riskless return over any infinitesimal time interval, can be expressed as the sum of theta and a term incorporating gamma.
50.
Black and Scholes'insight is that the portfolio represented by the right hand side is riskless : thus the equation says that the riskless return over any infinitesimal time interval, can be expressed as the sum of theta and a term incorporating gamma.