This preview shows pages 1–2. Sign up to view the full content.
This preview has intentionally blurred sections. Sign up to view the full version.View Full Document
Unformatted text preview: UNIVERSITY OF ILLINOIS College of Business - Department of Finance Finance 300 (Financial Markets) The study of the fields of economics, finance, business, and the international version of each of these fields are studies in the art and science of decision-making in a world of uncertainty. In this course, one of our goals is to develop decision-making skills that rely upon the concept of rational self-interest and objective reasoning, and that are consistent with a risk versus reward framework. In economics, finance, and business rational people try to make the best choices that they can with the information that is available, while maximizing the benefits and/or minimizing the costs or risks of a decision. One way to maintain this decision-making method is to employ a concept known as expected return, which is calculated in the following manner:...
View Full Document
- Fall '07
- Financial Markets