Bi tp th trng chng khon

Dng 1: quyn chn

Ngy 1/1/2009 ,gi th trng mt c phiu l 21.000 ng/cp. Nh u t A k
vng gi c phiu s tng trong tng lai v quyt nh mua hp ng quyn chn
mua vi nh u t B vi gi trn hp ng l 29.000 ng/cp, v ph quyn chn l
2000 ng/cp.Thc hin trong 6 thng. Ti ngy 9/3/2009, gi th trng ca c
phiu l 40.000 ng/cp.
Yu cu :
- Xc nh li nhun v thua l ca hai nh u t trong trng hp thc hin hp
ng. Th hin trn th
Dng 2: qu u t
Gi s mt qu c cc khon mc nh sau:
n v tnh: ng
Tin mt v cc cng c ti chnh tng ng tin mt : 1.500.000.000
cc c phiu nm gi gi v th gi:
Tn c phiu
REE
AGF
SGH
HAP
GMD
BBC

S lng
200.000
100.000
50.000
20.000
80.000
180.000

Th gi
29.000
39.5000
16.000
42.000
51.000
22.500

3. Tng n:
3.020.000.000
Hy xc nh gi tr ti sn rng ca qu v gi tr ti sn rng ca mi c phn
ca qu( NAV) nu tng s chng ch hin ang lu hnh ca qu l 1 triu c
phn.
Dng 3: Xc nh li sut, khi lng trng thu
Kho bc Nh nc pht hnh tri phiu bng hnh thc u thu li sut huy
ng 500 t ng. Mnh gi tri phiu l 500.000ng, thi hn tri phiu l 10
nm. Vo u gi m thu n v t chc u thu nhn c cc n d thu
nh sau:

n v tham gia

Li sut t thu(%)

Gi tr t mua
(T ng)

A
B
C
D
E
F

8,21
8,19
8,18
8,08
7,98
7,95

120
132
158
165
135
114

Yu cu:
-Xc nh li sut trng thu v khi lng trng thu ca mi n v. Trong trng
hp :
a. u thu theo c ch gi thng nht ( kiu H lan)
b. u thu theo c ch a gi (kiu M)
- Nu li sut ch o l 8,17% th kt qu trn s thay i nh th no.
- Xc nh s lng tri phiu mi n v mua c trong hai hnh thc u thu
trn, bit rng gi pht hnh theo phng thc chit khu.
Dng 4 :Hon tr tri phiu
Cng ty X pht hnh 10.000 tri phiu, mnh gi 200.000 , lsdn 8%, thi hn tri
phiu 5 nm. Hnh thc hon tr phn gc cng li bng nhau hng nm.
- Tnh s tri phiu hon tr hng nm
- Lp bng hon tr.
Dng 5: quyn mua c phn
Cng ty X c vn c phn l 12 t ng. Cng ty quyt nh tng thm vn 8t
ng bng cch pht hnh thm c phiu mi c thu tin.
Yu cu:
- Tnh th gi c phiu sau khi tng vn v gi tr l thuyt ca quyn mua?Bit
rng:
+Mnh gi c phiu mi bng mnh gi c phiu c bng 10.000.
+Th gi c phiu trc khi tng vn l 220.000. Gi bn c phiu mi l
40.000.
- Tnh s lng c phiu m 3 c ng A,B, C mua thm c bit rng:
Ht thi hn t mua vn cn 30000 c phiu cha bn c v c 3 c ng
A,B,C c nhu cu mua thm c phiu nh sau:
A: c 3000 quyn mua v mun mua thm 10000c phiu
B: c 6000 quyn mua v mun mua thm 20000c phiu
C: c 1500 quyn mua v mun mua thm 10000c phiu
- Nu C ch t mua 2000c phiu th kt qu trn s thay i nh th no
- Nu A ch t mua 8000c phiu, C t mua 4000c phiu th kt qu trn
s nh th no

Dng 6:khp lnh lin tc

Lnh bn

P ( dv: ng )

Lnh mua

5000
5200
8300
15000
18500
13400
5600
4000

ATO
38000
37700
37400
37100
36800
36500
36200

4000
8000
18000
15000
0
5000
4500
3500

Yu cu:
- Xc nh gi m ca ca c phiu SAM.Bit rng gi ng ca ca c phiu
SAM phin giao dch ngy hm trc l 37.200
- Nhn xt vic thc hin lnh theo gi m ca ca c phiu SAM
-Tnh ph mi gii m cc cng ty chng khon thu c trong phin giao dch trn
bit rng cc cng ty chng khon u p dng mc ph mi gii l 0,5% v trong
s lnh mua c thc hin t l giao dch t doanh l 10% v trong s lnh bn
c thc hin t l giao dch t doanh l 5%.
Dng 7 : khp lnh lin tc

Yu cu:
-Xc nh gi v khi lng c phiu nh u t A,B,C,D,E mua bn c.

Dng 8 : K qu

Ngy 1/1/03 mt nh u t quyt nh m ti khon ti cng ty chng khon A v

t lnh mua 300 c phiu X vi gi 40 $/c phiu(bao gm c ph). h tr
cho vic u t ca mnh nh u t vay cng ty chng khon 4000$. Li sut
tin vay l 8%.Hi:
a. S tin nh u t k qu ti cng ty l bao nhiu?
b. Nu vo cui nm (31/12/03), gi c phiu X l 30 $/c phiu. Gi tr k
qu cn li trong ti khon ca nh u t trn l bao nhiu?
Dng 9: li sut hon vn tri phiu
Mt tri phiu c mnh gi 100.000VND, li sut danh ngha 7%, thi hn cn li
ca tri phiu l 5 nm, tri phiu thanh ton tin gc vo cui k hn, thanh ton
tin li nm mt ln. Tnh li sut o hn ca tri phiu bit rng tri phiu ang
c bn vi gi 90.000VND.
Dng 10: nh gi tri phiu
Mt tri phiu c mnh gi 100.000VND, li sut danh ngha l 10%, thi hn tri
phiu l 10 nm, thi hn cn li l 5 nm, thanh ton tin gc vo cui k hn.
Yu cu:
-Tnh gi tri phiu bit rng li sut yu cu l 11%, tri phiu thanh ton tin li
mt nm mt ln.
- Nu gi bn tri phiu trn th trng l 105000VND bn c nn mua tri phiu
khng?
Dng 11: nh gi c phiu
Mt nh u t d nh mua c phiu Ree. C tc d kin nhn c nm
th nht l 2000/c phiu, nm th hai l 2100d/c phiu, nm th 3 l
2500/c phiu. Gi c phiu ny vo cui nm th 3 d kin l 37000. Nu t
sut li nhun mong i ca nh u t l 20% th nh u t s chp nhn mua
c phiu REE vi gi ti a l bao nhiu?