Text corrections

You may wish to make the following corrections in your textbook. Note, that some books were printed at different times and all mistakes listed here may not be applicable to your book.

Page Erroneous item Corrected item
61 16(March) & 66 days 17(March) & 67 days
61 $5x(66/184)=$1793.48 $5X(67/184)=$1820.65
61 $101,980.98$102,008.15
69 Role of class A & B stock in US confused B has more voting rights & A has dividend protection
71 warrants called long-term call options warrants issued by firm selling stock & calls created by outside individuals
106 First 2 numerators have misplaced decimals The equation should read as follows
(1)
\begin{align} \frac{.087^2+(-.056)^2+(.0466)^2+(-.0012)^2+(-.0766)^2}{5}=\frac{.01883154}{5}=.003766308 \end{align}
Page Erroneous item Corrected item
232 Note currency forward rate quotes used These are given here as indirect quotes ie. foreign currency / domestic currency
295 Problem 8.16 strike price Should note that $28 is the present value of the strike price 428 Mine value answer has$.65 in second numerator term The equation should read as follows
(2)
\begin{align} Mine value=\frac{\$.65(25,000)-\$.10(25,000)}{1+.05}+\frac{\$.60(50,000)-\$.10(50,000)}{(1+.06)^2}=\\$35,345 \end{align}
Page Erroneous item Corrected item
766 Indirect quotes used TL CPI of 5 used 2930TL x 85.76/5.6 = 44.871
797 Example 22.8 answer uses "national" incorrectly the proper term is "notional"
806 Example 22.16 subscript is wrong: C1 = 5 - 5Finflation - 3Finflation C1 = 5 - 5Finterest rates - 3Finflation
811 Sign is wrong: = 1.5x + .75(1 - x) = -1.5x + .75(1-x)
000 0000000000000000000000 000000000000000000000000000000000000000000000000000
page revision: 14, last edited: 07 Jul 2009 18:42