Show simple item record

dc.contributor.advisorSirnes, Espen
dc.contributor.authorGrønning, Stian Ek
dc.date.accessioned2014-12-02T11:49:53Z
dc.date.available2014-12-02T11:49:53Z
dc.date.issued2014-06-04
dc.description.abstractIn this paper, I have investigated the relationship between the change in yield and stock returns for 27 firms for 47 consecutive business days. Firstly, I have found that there is an inverse relationship between the rating of firms and the degree of correlation between the stock return and the change in yield for bonds issued by the same firm. Secondly, I have not successfully managed to demonstrate that this relationship has a timing property in general. It was found for only one of the firms. Thirdly, it seems that the most common feature among the firms that exhibits a significant relationship is a large and sudden change of the stock price, but I have not statistical evidence for this claim.en
dc.identifier.urihttps://hdl.handle.net/10037/6861
dc.identifier.urnURN:NBN:no-uit_munin_6461
dc.language.isoengen
dc.publisherUiT Norges arktiske universiteten
dc.publisherUiT The Arctic University of Norwayen
dc.rights.accessRightsopenAccess
dc.rights.holderCopyright 2014 The Author(s)
dc.rights.urihttps://creativecommons.org/licenses/by-nc-sa/3.0en_US
dc.rightsAttribution-NonCommercial-ShareAlike 3.0 Unported (CC BY-NC-SA 3.0)en_US
dc.subject.courseIDSOK-3901en
dc.subjectVDP::Samfunnsvitenskap: 200::Økonomi: 210::Samfunnsøkonomi: 212en
dc.subjectVDP::Social science: 200::Economics: 210::Economics: 212en
dc.subjectVDP::Samfunnsvitenskap: 200::Økonomi: 210::Økonometri: 214en
dc.subjectVDP::Social science: 200::Economics: 210::Econometrics: 214en
dc.titleCan stock returns be used as a proxy for corporate bond yields?en
dc.typeMaster thesisen
dc.typeMastergradsoppgaveen


File(s) in this item

Thumbnail
Thumbnail

This item appears in the following collection(s)

Show simple item record

Attribution-NonCommercial-ShareAlike 3.0 Unported (CC BY-NC-SA 3.0)
Except where otherwise noted, this item's license is described as Attribution-NonCommercial-ShareAlike 3.0 Unported (CC BY-NC-SA 3.0)