Customized Course Readings in
Financial Markets and Investments
- Structure and Performance of Securities Markets
- News Clippings on Markets and Liquidity
- Automated Trading on Island
- Numerical Example Valuing Zeros
- Annuities and Perpetuities
- Continuous Compounding: Some Basics
- Annual Return on a Zero Sold Before Maturity
- TIPS: Treasury Inflation Protected Securities
- Geometric Average Versus Arithmetic Average
- Law of One Price and Arbitrage
- Arbitrage Opportunity in Zeros?
- Law of One Price Arbitrage Examples
- News Clippings on "International Arbitrage"
- Nine Major Steps in Modern Portfolio Theory
- A Note on Calculating Loss Probabilities
- Note on Covariance and Correlation
- Risk and Return Table for Two Assets
- Numerical Example Creating Zero Risk Portfolio
- Gains from Diversification: A Two-Security Example
- Portfolio Variance with Many Risky Securities
- News Clippings on Portfolio Risk
- Historical Beta Estimates
- Leverage and Risk
- A Guide to the Interactive Portfolio Optimizer
- Excess Returns and Beta: Deriving the Security Market Line
- News Clippings on Applying CAPM
- Sample Mid-Term Questions/Answers
- NPV Versus IRR
- Equity Valuation Formulas
- News Clippings on Equity Valuation
- Yield Calculations for Treasury Bills
- Numerical Examples of Coupon Yield, ... and YTM
- Calculating the Annual Return on Coupon Bonds
- News Clippings on Bond Returns
- Summary of Yield Measures
- Historical Yield Curves
- News Clippings on the Yield Curve
- Forward Interest Rates
- An Example of ... Constructing a Forward Loan ...
- Equilibrium Term Structure Under Expectations Theory
- Liquidity Premium Theory of the Term Structure
- Term Structure of Interest Rates-Chapter Exerpt
- Duration Formulas and Calculations
- News Clippings on Duration
- Immunization: A Numerical Example
- Simple Example of a Swap
- Replicating Cash Flows on a Swap
- Buffet versus Stulz on Derivatives
- Contractual Rights and Obligations of Calls and Puts
- News Clippings on Options
- Option Profit/Payoffs on Expiration: Sample Tables
- Numerical Arbitrage Example of Minimum Call Value Prior to Expiration
- Executive Stock Options: Minimum Value
- Simple Numerical Arbitrage Example of Put Call Parity
- Approximating the Value of an At-The-Money Forward Option
- News Clippings on Investing and Market Efficiency
- Sample Final Questions/Answers