Submitted by: Submitted by kefayat
Views: 576
Words: 12762
Pages: 52
Category: Business and Industry
Date Submitted: 03/29/2011 01:26 PM
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Raeesa Bayat 206502074
Avanti Ramawtar 206500120
Semanthini Naidoo 205504536
Aruna Jugmohan 204500720
Mohommed Paruk 206502535
Kefayat Sayed Ally 206507344
Sumaiya Seedat 205502501
CONTENTS
Page No:
Section 1:
1.1. Introduction 1
1.2. Dividend Discount Model 1.
1.4. Arbitrage Pricing Theory 3.
Section 2:
2.1. JSE 4.
2.2. Hong Kong Stock Exchange 6.
2.3. Overall Growth of Developing Economies 8.
2.4 Prior Expectations 9.
Section 3:
3.1 Data and Methodology 12.
Section 4:
4.1Assumptions of the Classical Linear Regression Model 19.
Section 5:
5.1. Comparisons and Policy Recommendations 24.
5.2. Conclusion 26.
5.3 Bibliography 27.
1. Introduction
History is a reflection of the past, in which the present could learn from, to prepare for the future. The year 2008 has gone down in history as a year of unexpected surprises, from witnessing Somali Pirates high-jacking numerous ships in this modern age of technology, the realization that the South African President could get fired, to celebrating the inauguration of the first Black President of the United States, who would have thought that yet another shocker was yet to come. Although, it is May 2009, the slightest whisper of the words “Global Financial Crises” still sends shivers down the spine of the entire population. With the unemployment figures surpassing the 2 million mark in the U.K (Penny & Lysaght, 2009), repossession occurring at a rate of 43 houses per day in the U.S.A (Preece, 2008) and Japan’s car manufacturer Toyota announces its first ever operating loss in 2008 since it entered the market, the economic meltdown has hit the world faster and harder then we could have imagined (Chang Ran K, 2008). The...