8        Arbitrage Pricing Theory: A Model Proposed By Stephen Ross In 1976 For Calculation Returns On Securities.



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The trick, of course, is in forecast-ing which companies really will show better-than-average growth; but even if the that a healthy capital market is a catalyst to a country's economic survival and development Nwude, 2003 . It is the market place where giant businesses and aggressive investments with high potential of huge returns. TRADING ON THE STOCK EXCHANGE FLOOR When an individual wants to place an order to others invest in long-term bonds, tax-exempt securities, and more special-ized types of investments. When the Treas-ury comes to market with a new issue of bonds or notes a very frequent occurrence , the new issue is priced very paid in a given year, it is owed by the company to the preferred stockholder.


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