Examples – 소송, 상품적 결함, 다양한 기술적 혁신과 같은 특정기업에만 존재하는 고유의 위험
요구수익률에 거의 영향을 미치지 못한다.
- 분산투자를 통해 제거 가능하기 때문
예를들어,
위험투자의 주식시장의 가치가 국채를 10% 능가하고 주식의 Beta 계수가 1.25라고 할때
of these unfavorable factors, Hynix declared default.
In this part, I’ll explain about the situation that hynix have to overcome and solution that could solve the problems in the situation.
I’ll show you 5 situations and 5 solutions.
The first situation is “ Needs for investment in Machines”
As I told you at the background, the D-RAM’s prices were declined. And plus, they had
it exposes itself to risk. The risk arises because currencies may move in relation to each other. If a firm is buying and selling in different currencies, then revenue and costs can move upwards or downwards as exchange rates between currencies change. If a firm has borrowed funds in a different currency, the repayments on the debt could change or, if the firm has invested overseas, the
of monthly change in net interoffice account and the ABX AA 07-1 index of implied subprime mortgage security prices. The ABX index summarizes the information from polls taken from dealers who quote prices for credit default swaps (CDSs) on various tranches of collateralized debt obligations built on subprime residential mortgages. There is a negative relationship between the two, suggesting that
excess liquidity and bubble economy caused by cheap money policy
-IT bubble collapse and recession caused by 911
-explosive increase of housing loan caused by low interest policy
-ultra low interest → excess liquidity → bubble economy
Sub-prime and collapse of housing bubble
home mortgage raised spending but created consumer debt
housing boom turn into bubble
default on mor