Lrvalmeat Analysis 4 Ponk fouio Me _KMeN Fro} Valtirt Investment — os —— GETS aap pee AK He Hime foced @ WaT HH poor ; aD Wo wha a anes (es - fo Q__/® pw (The proces of feives ting eer money. fn on asset: with Pe why eli ve fe 777 your monty in a Si peleted fime pores) > rvatmeet analyst §— Researching and evaluet/ng. po predict ip an inva meet ! and defermirk fotu® porpormmane fps Sel fbi ty fe sped pre Inger font felie ma im (iaiven yufurn wi th minimum ' nis) { [esting enuyp ment dt ut7ay fo aifpeut peeBe Orewies gf pial Mawel fe Markel of Secu nny ~ © Capital moskel fa arma rfel lofew buyers and Selle — eingage ir J hrode of finoneieek SeceaPH Lhe tees The buying [Selling ie Under fok&en by Bp at fndivid alr and ingfitedions. @Mrktory & 1 ate Seller Market sft epee FET buyer Fhe " ‘ AE é y s \ WHT co f fet Roy oPy .° GPF fal market. Consist of primary moreets nd Astondzey. prafeets+ (re first time She re [UE eT a prionrz marice/s Bo WRT OBI TT a sectoye Ree at FE Kendary roaet Fl. Di— Public ( teomprny wD) Shore fisud om aA). Prsivede ) he 7 pti whe wa an + aes aep ond (ters om Nn nade oo ~ Tg hetter aA t ed = Poca me pasts meat par 2 thyeed Pee poee cece a Lown made by an jnvefor #2 a borer pbentrre” (omoey net) ) debenture fe a typeey feng hrn besiness bt nit Seceyred e aR by amd Collate _egity Morn fost Capit Meerket typs © Nec Lo net secon Hy vee ‘ meurket _ matin find es a : Euity, mrecdect \ fo Depp) morta Tn wane, lem odity » mare” spin mare Secunia marteot- prima Send SR Geet aT bey or a} pre cha gy Ose re 4 Dade mere ee “e Emre TE| Primeny Manleet Ve Secondary Market . ; ‘ © [The Primary, Merkel Consist of ave nye noted ie Toe pracuremsct id dong fern panty by Com pe nis: by. qrah Psgut. Share and debetirs) @ The Secondary, marect of spoe exchan pe. @ suady markt fr existing tong fers Secu nip/u- ( spo erchonge [s fhe Secondary market, which provide G place A og clang gelt and pur tose Gf diffed typs ‘cay Bike Cha re bbe tyre) Diffevaw Ploy markt and copifet ree Peint _ Ponty markt opi roa ket Terat period Deets Pn Short Ferm pond Long term ford Trsfrument | Deeks fn seeurvitiy LR] , 2 dielt in ere tte eee le aes teandtiy Ake papery brlig chong Shard, dibeetyn, bent, Participout tormerdel beks, NOP Spe bree totes Reg ubetore 3) SEB) boty ‘| le Oy aMejock Exchange spk market decals ins Long ferm sSecuspy both priver® and goyennrmed rf is Toe Pest Pmmportavt romponent as tHe Copitt ro ns ( bale deatly in Long: ferm funu of oll hinds, waisted 78 70 Uy oper Mare seat) Secunty marcel Goyernmeet Aon BAY roa” poe coufer mete ouen pers dating) povem $b 6)and &'mifeffonr ‘ os & Cipo aii ofa Kyler prac Shave ely 45. mie The eve atial function af foe nee fot Rete se on vange fo poe martin vi new Cops ped by terporage LTE PITY oenfhor NEO or old (198 involves aff trowting- New inv Jible Pusoures In fe fe Conporale sector and [hire elle Crt % Gmeobt ameng alfernalive “se uae) He Rew one three main way of {tecting fseuy 2— WD by He Hur of a prospehu ef thre pubdic Wy 64 private plement (ngeut # froug b) and new Ui) by te eign fssue fe te exjsHin o d eisai Share hol div « Shera secondary mev-fert i (ay) GAS eae Segment @ Ongani ped Spork exchange co pounlt! markePoin or faut: andi Spodd Exchan 7 Seconda ry Markee C Ose Uns 5 Inditater. TAY sensan DK qrouty We fovoge Js peonomnic. Barometer ( y oe of Secury 01 Sh a RY grind of Securities (convey rs PN ny Uc, ong a or buyer BHT WM te softy a ya He ( Gt ae eA ft j sontibubin of Economic grosath. ( prtit adh FT TET. ) 9 p spreting 4 5 pusviding Scope for spoeuletioy stg, (oeeny A ar era dor shea " equity cult BY Dyn aocetien CHI 1) promepy tre ha bite, Suing. Ind Invesfments (there wer oe atte #7 Hf shore weS= © Privele Ploument it fue op posi ke of poblic fsseg.” & comme - we yeu, © private ploument fe fer epposife of % ie public fsset becouse « private phoumedst fs a oe security fo 0 Sel (Grep—ef invspors) ike o public issut fs a Sale ep Seunry ° tl pees 4 what is funk bond? va be 2 ow- A gunk beod isa bond thee hay 9_L& credit pating and_a_hi nis di fault - (A yank bond alce known as 9 “hig pid eat] & Lohy tae es need fo issue offer ee bale fo Hesse - Cop itet a feti- An od p> & sak navses Copltel by allows ag Shareholder pie “seu Heir Shary pe the porte. L7alhy and markee pen ipet’7 (nora nr Ge Dif founce bekocen Inve fers and Speculators 9 ~~ Inverter —Speculstors te“meney allocation fer [Short-term bets on dinanciel é On assed purchase cuses 12) er tee Stable Ennetic © Medinate Hisk High isk werbecks fer cord leoks fo fe past Ge Whe fs coll 03 an Un de won't 7 » Anti A Pay, Buch as an insurer » thel aS5sumey Risk in exchange fer ah fosyrany PHIM UM On ether Considr ol m, QE What is origination 9 Arsi- Onlgination 7s tex act og Sterting. Som thing new, oh int re dercdog som ing fer fee frst Hime, Lt Can elyo fufer “fo “te Proud ci wanting o new hoary ox (nvutmert: | anfroho fs celled Ue Spectator lep bal the diffeu / r di ffour @ oe typw of Sp ceatafor, -A specetaton is Someone Coho faber on putk 5 ~ ; fick fe mates profil by buying Jo ond selling hip h, er Setting _ fii and bay 10g fo —_—__ I—_ —J— fater at _a dower pre A Babl f— Expects praca te yuse and buy assets fo Sttt Later of a higher prices i Beart Expects prica to ¥ — assets. duiving a premium on bishing \‘E Ans att and SOL news Issou » hoping Wg Stage Buy shaves fo gett thim al AG Lame daki— A speculelor whe fer Losses and straggta te {uXpid corm mitione oft dew eo mets fo advewe pra mov. fon Si'ven 069 a Fd Brom He folovoiny Information piven hetovd, feo Oud obi See arly De ryone Pru perch y got fe nue fons om j Bre babi Wily Security x —Seceraly Y OF 6 eo ow 4 i Od t 4 OW O ob ” Uy) x (Rebus )_ - a fern Sees LINES YD ( Tete €v fer Secanty x av) 2 APs 20 SEAN a go (W2ha04 a2 400 67) 7 oo Cakelatn fr Secny Ye O = 2.0 ( Total ev fer SLC hy Ww ) (oot 36 7 0.04 oy - 449) Expected valew fer Secy nity XK ® bi Copeckd Velox pe Security Yardy (‘sinc The expected Velut of Secw why & fs bighe, Secunty x 7s rr vajfors. ) More preler ab fe iPos “a. *Suoeat equlty Share provide fn fe Metal : Preperly rly hts.” peatify. po Sweat tyulfy share freogrd Contribrdes sith fs tg sha C1 fe Svan en Ship for providing jn pelle Puck Prsperty or expertise w LoHite a Short nor on SEBL . SEBLI— TRe SeurihHu and Ex change Board op ind fem is fhe rug ulator fer fee Securit Y mare ct ane rn inda. ye [5 fb Lished In tee yer 1998. K tf ts Fr by Shrbfory Powers on 12 fipril 1992. - through $681 Met 1992 - Wy Define marzin trating > Ars tnargin trading i buying secenttr by brmevsiing funds frm a broken Margin trading fs @ Fiske finandcl sfrofgg. WW whet is Limif order? 2 invytract r getl a Al limit orden is an\oran te buy o Secqrity of a Sper pre pric er better.FE Lohed do you Underst9%e by passive fhvespory At Passive invespor isa fong ~ fam few on buying ond hokding- favutmeat fer tH bong term. on purrchade Shoe of a Mefyal or exchange ~frqadkd fund. at Lohet is meant by part upeting pre fertne Shq ren 7 fost Ponticip ott ng- priqerene thera. abe a te Preference Shary pret entitle hokdas fo port cipste in addifronel prepiks aftr Pipng tu fired dividend natt+ 5pong de wohet fy Sfocke txchange 2 Enpsoin in dalall Phe fantom | 8 foc Cechenge. qe AY Sfeck exchange fs an oe chanye Lohwu Spot beokey and fradeu can buy an cell Socks Cattoceattd shar) , fond and © flu Secrlhel CECE a marcel piaw Lvohew Lifed secant pay and St for fauespmerd oy” apet wotion) fon ction of sfock exchange (i Ensusu (iquidity + copitel (i) Econom Barometer (id Pring ¢f secanh'y Uy Economic greets (y Better allocation of Capitol: | 0b Mr. Reketh wank fr Povef bts money ing Liffout predmne shoes, following aru tm in fen motion tutebed po tnuesPrset- au mentioned blewt— Mate Mame Pa vel Dividead Hoke Chee ae PR dence & eA) ety) Shen Q A [5,00 , 600 ¢ 4 B 14, So, 000 4 lo A ‘ 14,30 ,000 a a a D 14, Fe , 000 ¢ 4 ie elaliutabe Her soles Of Disdiwnes Chenes >| Face Value |” Dividend | Current] Maturity | Preference | (2) | Rate | Market Rate| Period foe shares | | %) (%) 5 |cC A 15,00,000 5 8 | 9 | B 14.50.00 7 0 | | Cc 8 [i [12 | | Dd 14.70.00 _| 6 9 10 Calculate the value of preference shares, Vales of prifrene share = fru voller x Dividind raft Cert mare Rate Pufrena A = (Reames + (Ueeeneeemnr & AIHTOO, eye 6108 = Pro wine b “D [taroeoe hifeoany) « WHifeereX OOF | 2 Jo, $s,000 ~ (Wececeen [sy ©.Jo ——_ Prfrene © _yeorae = (2 108° XK ==) 2 a 2 lorfe,oco a iy Oo Prufreny Dd 7 [leek by, WrtejeeeK O06) 2 4,80,000 ° 0104 reUnik 72 Risk dRetrn 3 loncept Rysfe. Pertdolio — Cif fount kind of spe) { se mh comeony F sige HEIR TF [[‘sjoce — w | : ar sh speck hax ws compeng 3 GET AI share (irom. Assets _diffeoust love pret optim ) ravrr Amout hots FE RP ether Be OT isle et ET, (Hig0e fie stk Higher te rehin J Risk — (7 Risk “He omount whith you ar suppre tess) feta i The exfra amoyat you afl we et dey as on Pe tie a frvutment F Fep Seb wet) ‘ Ay Jo, ec0 16,000 Inve ihe a bey. saturaComponint & Mecugrement pds a Risk . Systematic . _Basystem otic (AR oF ena THT wie eng Ruut yar ge duel yey TER FFG Systematic 3° ; ‘ T Yl Re malic ieee te Calcul aber hor caleslohion (Prediction D Pont folie Reporns— The expected fetym of 9 forty & exffouo Pepryenh WUghed average of we Oe s He ekpeefed Fefirny on ne Be ey € Security tomprising thet— ore et) Portjells cofth voelgpat being The 0, °! oss prepertion of te Feu fund Frvu Red Pn each Seeyy 4 : nated Puand [nde nd Feet bay fred Pharing fied feng fem fod Poles chip jerre a @ Port gelio Rk FCT hyph py conle Che me ar high disk vole mik Fey LTT Loe tite coals hak RY TT— fovs rysp wl THE TEA Diversification js Venerab de noleog @ divensi fit” ti 7 Pnvupment eshich sggeat “Dooly pot HE gy el pou ty pin one ne youn eg yin one bes ket Cay coti"t) [spreerg Frfsh gross a numb & lle Banna) CE epst Dweni fiction rng Habe te form EU” bonds A> nde try inatusi hye pepeb ye’ secur? ty and many ment mee Funys af tube (or divide inte osel inte diff tnust nent port]. @ Sptemelic and Unsyskemabt. File. % 4 Cl ae ait rend gegetl aut eS pe Fiske pee e7 caletotion 24] ae pull one wor & Te) Soppemntt Wik Keres ge caleba or er tal a (pnt ¥ eat). %ert mommies) Sar st Covasjence and Comutabyon ao eaetaerin (vevene ~ glo etntig ASD ea CF PE DES te TE HT ditt oncn eg a Wary ae “ah Vaorjeny Covevene = TT Gh voriabh OE Brey ofl crackin aa ea} FH lo-varjene BE Te varjab ky ——— Sh Expenses’ x : ti TR +5 \ + He a Encore PRE BA_lsape fee gs fa . . Srlatyon Hip RGERS oe ote Ge oe HO aE TH Co-pulot'en wee ey Boat BOT Houlton 2 ae a: C ° ee wee,ama URE a vooy _ esr he SI ef phucluet (oy Ie al K . ee GE Co vanenee were! Br meyer afd ro ao 1 AXo " i i we a a rol yen (o-varen, Co aa fo -Variene Ps phe eure % aes guclatianship bepaeen TH aj succtionnt on poo racha ascfs. Fic y ns Funda mentoh lo of [iit ut 10 cog ficient fis as feist ee faet eal celles pu sf rergth perl ™ shiP pween fee of pou frre yaetal te The Coz relat poe ert ef tee Frcla tt ve rmavemé 4 (obsolete value —]-0 fe ro) A (t= hang valee pe pee (o relation coe pruet re bounded MY to) no petotions hip (f (orci ™ eo shorss 2ere 0? pewoen 1 momen %f vagrieb tt) built or pepo ee fon 2°