Argues that the Greek secondary bond market (opened in March 1999) needs a specific index to approximate its market portfolio for measuring systematic risk (beta) since the Athens Stock Exchange (ASE) index may be misleading. Puts forward a weighted index and explains the five steps involved in...

Assesses the 1995‐1998 performance of 17 equity mutual funds operating in the Greek financial market, explains the calculations involved and reviews relevant research. Ranks the funds by daily, weekly, monthly and total return for the period and compares them with the general Athens Stock...

The capital asset pricing model, using as an approximation of the market portfolio the General Index of the Athens Stock Exchange, has been applied extensively to measure the risk of the bond mutual funds operating in the Greek financial market. This article argues that the General Index of the...

The present article aims to evaluate the performance of thirty‐nine domestic bond mutual funds operating in the Greek financial market over the period 15/3/1999‐31/12/1999. The ranking of the sample mutual funds is different between the average daily return, and the total risk. On the basis...

Outlines the reasons for using stochastic simulation rather than other methods for this development of a capital budgeting model to quantify the risk and uncertainty connected with establishing a new bank branch. Uses net present value (NPV) and the internal rate of return (IRR) as the profit...

Outlines Warren and Shelton’s system for modelling a firm’s operations as a set of simultaneous equations, its limitations and the addition of Monte Carlo simulation into it by Coats and Chesser. Develops these ideas further and applies the new simulation model to a Greek clothing firm to...