Fundamentals of Finance
GSM MF 702
This course covers such topics as: financial markets (bonds, stocks, derivative securities, forward and futures contracts, exchanges, market indexes, and margins); interest rates, present value, yields, term structure of interest rates, duration and immunization of bonds, risk preferences, asset valuation, Arrow-Debreu securities, complete and incomplete markets, pricing by arbitrage, the first and the second fundamental theorems of Finance, option pricing on event trees, risk and return (Sharpe ratios, the risk-premium puzzle), the Capital Asset Pricing Model, and Value-at-Risk.
FALL 2014 Schedule
|A1||Schwenkler||SMG 404||MW 8:00 am-11:00 am||Reserved for