Net working capital and No arbitrage conditions: Difference between pages

Revision as of 09:01, 13 November 2015

The usually assumed or expected situation in transparent financial markets, where pricing discrepancies between related markets have been eliminated.

So there are no remaining arbitrage opportunities at current market prices.

Many price and value calculations are based on ‘no arbitrage’ assumptions.

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-(NWC).
+The usually assumed or expected situation in transparent financial markets, where pricing discrepancies between related markets have been eliminated.
-The amount by which current assets exceed current liabilities.
+So there are no remaining arbitrage opportunities at current market prices.
+Many price and value calculations are based on ‘no arbitrage’ assumptions.
-:<span style="color:#4B0082">'''''Treasurer's evolving role'''''</span>
-:"The treasurer’s role has been evolving since the ACT was established in 1979, before which it wasn’t really considered as a separate profession.
-:Increasingly treasurers are becoming managers of ‘net working capital’ rather than cash managers in the traditional sense."
-:''The Group Treasurer - An ACT Guide to the first 100 days.''
 == See also ==
-* [[Assets]]
+* [[Arbitrage]]
-* [[Capital]]
+* [[Free lunch]]
-* [[Cash management]]
+* [[Forward yield]]
-* [[Liabilities]]
+* [[Zero coupon yield]]
-* [[Treasury]]
+* [[Par yield]]
-* [[Working capital]]
-[[Category:Financial_management]]
-[[Category:Knowledge_and_information_management]]
-[[Category:The_business_context]]
-[[Category:Corporate_finance]]
-[[Category:Cash_management]]
-[[Category:Liquidity_management]]