BUFN761 Derivative Securities Problem set 1.
Prof. Julien Cujean
MS Sec 0501/0502/0503/0504 Spring 2017
Due Date: February 6
For this problem set, suppose that:
i) You are long the non-dividend-paying
What is a Bond?
A bond is a security that is issued in connection with a borrowing
arrangement.
The borrower issues (sells) a bond to the lender for some amount
of cash.
The arrangement obligates the
Derivative Securities BUFN761
3. Binomial Option Pricing
Julien Cujean
Spring 2017
1 / 65
The Binomial Tree
I
The put-call parity tells us how the price of one option is related to
the price of anothe
Alpha Corporation
I. Overview:
i. Major sources of cash
ii. Major uses of cash
iii. CFO > NI?
II. More detailed analyses:
i. CFO > Capex?
CFO > Capex + Dividends?
If excess cash, how invested?
If shor
Individual Assignment #2
Inventory: Rite Aid
Due Date: Monday, September 26
Refer to the excerpts from Rite Aids 2016 10-K in answering the following questions. (Note that the numbers
reported in the
Derivative Securities BUFN761
1. Introduction
Julien Cujean
Spring 2017
1 / 69
About Me
I
PhD 2013, Lausanne, Switzerland
I
Since August 2013, Assistant Professor at UMD, Smith School of B
I
I conduct
University of Maryland
Robert H. Smith School of Business
Spring 2017
Syllabus
BUFN761 Derivative Securities
Sec 0501/0502/0503/0504 (MS in Finance)
Julien Cujean
Office: 4427 Van Munching Hall, Phone
BUFN761 Derivative Securities Problem set 1.
Prof. Julien Cujean
MS Sec 0501/0502/0503/0504 Spring 2017
Due Date: February 6
For this problem set, suppose that:
i) You are long the non-dividend-paying
University of Maryland
Robert H. Smith School of Business
Spring 2016
Syllabus
BUFN761 Derivative Securities
Sec 0501/0502/0503 (MS in Finance)
Julien Cujean
Oce: 4427 Van Munching Hall, Phone: (301)
BUFN761 Derivative Securities Problem set 2.
Prof. Julien Cujean
MS Sec 0501/0502/0503 Spring 2016
Due Date: February 3
For this problem set, suppose that:
i) You can trade 3 stocksA, B, and Ceach of
BUFN761 Derivative Securities Problem set 3.
Prof. Julien Cujean
MS Sec 0501/0502/0503 Spring 2016
Due Date: Feb 8
For this problem set, suppose that:
i) You can trade crude oil at a current price of
BUFN761 Derivative Securities Problem set 1.
Prof. Julien Cujean
MS Sec 0501/0502/0503 Spring 2016
Due Date: January 27
For this problem set, suppose that:
i) You are long the non-dividend-paying S&P