Financial Markets and Institutions
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FIN 604 Introduction and Overview
CHAPTER 4 THE BEHAVIOR OF INTEREST RATES. What are Interest Rates? Rental price for money. The time value of consumption. Opportunity cost. Expressed.
CHAPTER 4 THE LEVEL OF INTEREST RATES. Copyright© 2003 John Wiley and Sons, Inc. What are Interest Rates? Rental price for money. The time value of consumption.
1 FIN 604 Introduction and Overview 1. Investor vs. Speculator 2. Participants in the Investment Process 3. Steps in Investing 4. Types of Investors and.