Options and Futures
Q: identify the fundamental distinction between a futures contract and an option contract, and briefly explain
the difference in the manner that futures and options modify portfolio risk.
Derivatives (forward, future and option): an in
Differences Between Chinese and English Thinking Modes
I. Introduction
Language by nature is the embodiment of human thoughts and thoughts in turn is the mental reflection of the
world around us on basis of some analysis, generalization, judgment and reas
The way for poor to develop
by
Hao Chen
ID:043070440
EC207
November 16, 2005
Chen 1
The way for poor to develop
Out of Poverty: and into Something More Comfortable.
by John Stackhouse,
Vintage Canada, 382 pp., $24.95 CDN/$17.50 US
Poverty is always a popu
The Short Happy Life of a Serengeti Lion
Death is always near, and teamwork is essential on the Serengetieven for a
magnificent, darkmaned male
known as CBoy.
By David Quammen
Photograph by Michael Nichols
They say that cats have nine lives, but they do
Andy Warhol had his first solo show in Canada in 1965. Nobody showed up at the opening. He
didnt sell a thing.
2 Nada. Nothing. Although he was doing pretty well in New York.
3 I was feeling like a total dud, Warhol recalled in POPism, his book about the
The Soul of Capitalism by Robert Collins
1 Hap and Edna are art lovers, in a traditional kind of way. Neither of them is much of a fan of
modern or abstract art. Hap says that as far as he is concerned, its not art if he cant tell what it
is. Unless the a
On the Operations Job Market: Reflections and Insights
Renyu (Philip) Zhang
Last update: April 19, 2016
Abstract
This document aims to provide some reflections and insights about the academic job market in the field of Operations Management (OM). The targ
GRE
3.0
1000
GRE
Day One
abandon
[bndn]
(1)v. to leave and never return to
(2)v. to give (oneself) over unrestrainedly
abate
[bet]
v. to become weaker
abbreviate
[bri:viet]
v. to make shorter
aberration
[bren]
n. something that is unusual or unexpected
an
Corporate hedging
Reducing longterm forex transaction
risk under volume uncertainty
Uncertain foreign cashflows bring along risks that cannot easily be hedged with common
forwards alone. Adding options to the hedge portfolio can help to manage these risk
Principles of Econometrics Assignment 1 Due date: Oct. 27 in class
1. Refer to the following equation:
Qs = 1 + 2P + 3Pr + 4Ps + 5TAX + e
s
where Q is annual quantity supplied, P is the price of the product, Pr is the price of
resources, Ps is the price o
Econometrics Assignment 2
Due date: Nov. 17th, in Class.
1. You estimate a simple linear regression model using a sample of 62
observations and obtain the following results (estimated standard errors in
parentheses below coefficient estimates):
y = 97.25
2.1 An
Economic Model
2.2 An Econometric Model
2.3 Estimating the Regression Parameters
2.4 Assessing the Least Squares Estimators
2.5 The GaussMarkov Theorem
2.6 The Probability Distributions of the Least
Squares Estimators
2.7 Estimating the Var
ECON 4135, 2009
A quick introduction to STATA
The windows:
STATA has separate windows for typing in commands and for viewing results. In the
review window can view (and activate) the command lines you have previously written.
In the variables window all v
CAPM PROBLEM. Use the CAPM XL file
Q.1
The Capital Asset Pricing Model is an important model in the field of finance. It
explains variations in the rate of return on a security as a function of rate of return
of a portfolio consisting of all publicly trad

name: <unnamed>
log: M:\NICOK\EconometricsV2011\2_9.log
log type: text
opened on: 26 Jan 2011, 13:17:58
NOTE: THIS IS A TEXT FILE. COPY AND PASTE COMMANDS FROM THIS FILE INTO STATA COMMAND WINDOW
(AFTER STATA HAS OPENED THE DATA SET), TO CHECK HOW
STATA COMMANDS
Note: Brackets indicate a variable name (do not include the brackets). A vertical bar indicates a mandatory
choice.
WILDCARDS
var* refers to all variables starting with "var"
var? refers to all variables starting with "var" and with one add
Brief answers
2.3(b) b2 = 1.257, b1 = 2.933 (c)E(y x = x ) = 7.3333, which is equal to y (d)
e
i
= 0 (e)
x e
i i
=0
2.4(c) S(b2) attains its minimum approximately at b2 = 1.9 (d) The LS estimate is 1.934
(f)
e
i
= 3.385 (g)
x e
i i
=0
2.6 (b) y for x = 8
3.5 A)
E [INSURANCEINCOME] = 6.85 + 3.88 * INCOME.
N=20, R2 = 0.985,
=14.36.
3.5 B
When income increases by $1000, then the resulting change in the amount of the life
Insurance is $ 3880.20
Standard error of b2 is 0.1121. Testing a hypothesis about 2 the
SIMULTANEOUS EQUATIONS REGRESSIONS MODEL
INTRODUCTION
The classical linear regression model, general linear regression model, and seemingly unrelated
regressions model make the following assumption:
The error term is uncorrelated with each explanatory var