Alternative Investments Flashcards
1
Q
Contango
A
Futures Prices > Spot Prices
Low Convenience Yield
Negative Roll Yield
2
Q
Futures Prices > Spot Prices
Low Convenience Yield
Negative Roll Yield
A
Contango
3
Q
Backwardation
A
Futures Prices < Spot Prices
High Convenience Yield
Positive Roll Yield
4
Q
Futures Prices < Spot Prices
High Convenience Yield
Positive Roll Yield
A
Backwardation
5
Q
Income Approach to
Real Estate Investing
A
(Income - Expenses)
———————————
Capitalization Rate
Perpetuity Discount Model
6
Q
Venture Capital Investment Stages
A
- Formative Stage
Angel (Idea, Business Plan)
Seed (R&D, Marketing)
Early (Commercial Production, Sales) - Later Stage (Expansion)
- Mezzanine Stage (IPO)