Student Centre | Instructor Centre | Information Centre | Home

Fundamentals of Corporate Finance, 4/c/e

Fundamentals of Corporate Finance, 4/e

Stephen A. Ross, Massachusetts Institute of Technology
Randolph W. Westerfield, University of Southern California
Bradford D. Jordan, University of Kentucky
Gordon S. Roberts, York University

Some Lessons from Capital Market History

Internet Application Questions


1		Russell Fuller and Richard Thaler operate an asset management company that capitalizes on market inefficiencies caused by investors' misprocessing of information. Explain the strategies for their Small/Mid-Cap Growth Fund Small-Cap Value Fund The website for the Fuller and Thaler Asset Management company is provided below: http://www.fullerthaler.com/



2		While evidence favoring the Efficient Market Hypothesis (EMH) is generally favourable for stock markets in the U.S. and Canada, there are several documented cases of persistent anomalies that defy the EMH. Pick two anomalies from the site listed below, and discuss whether investment strategies based on them can be profitably exploited in the future. http://www.investorhome.com/anomaly.htm



3		Valuing internet stocks rattles even the best of professional analysts. The following sites provide pointers to understanding valuation of Internet stocks. http://www.businessweek.com/1998/50/b3608010.htm http://stocks.miningco.com/money/stocks/library/weekly/aa040300a.htm FOOL ON THE HILL: An Investment Opinion Pick an internet stock such as YAHOO. Based on the comments in the sites above, do you think the Internet stock you have chosen is over- or under-valued?

2002 McGraw-Hill Higher Education
Any use is subject to the Terms of Use and Privacy Policy.
McGraw-Hill Higher Education is one of the many fine businesses of The McGraw-Hill Companies.