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
S lng
REE
200.000
AGF
100.000
SGH
50.000
HAP
20.000
GMD
80.000
BBC
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
gia
A
B
C
D
E
F

sut
tham Li
thu(%)
8,21
8,19
8,18
8,08
7,98
7,95

tGi tr t
mua
(T ng)
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?