Leland Sanson
Jon Rave
Max Cutler
Fin 421 Section 2
Mortgages and Mortgage-Backed Securities
Our topic is Mortgages and Mortgage-backed securities. In order to understand these
concepts it is vital th
CHAPTER 24: PORTFOLIO PERFORMANCE EVALUATION
CHAPTER 24: PORTFOLIO PERFORMANCE EVALUATION
PROBLEM SETS
1.
As established in the following result from the text, the Sharpe ratio depends on both
alpha f
The United States financial crisis began its development at an unusual time. 2001 experienced
the rise and fall of a short-lived recession, a terrorist attack, and the boom and bust of the dotcom
bubb
Finance 421 (Towner) Homework 5
Due Wednesday 11/9/2016
Name:
Grade:
/ 20
Problem 1: Stock basics (4 points)
Tucson Hat Company (THC) decides to pay a dividend of $100mm to its shareholders. There
are
Finance 421 (Towner) Homework 5 Solutions
Due Wednesday 11/9/2016
Name:
Grade:
/ 20
Problem 1: Stock basics (4 points)
Tucson Hat Company (THC) decides to pay a dividend of $100mm to its shareholders.
University of Arizona, Eller College of Management
Finance 421, Investments, Spring 2012
Section 1: MW 11:00 12:15pm; MCLND 129
Section 2: MW12:30 1:45pm; MCLND 129
Instructor:
Office hours:
[email protected]
Corporate Financial Problems, FIN412.1 & 2
Team Problem Set II, Please submit in-class on due date.
GROUP 1I: Exxon Mobil
Please show all you work.
Problem 1 (similar to Problem 9.16 in GT) (20 points
FIN421: Investments
Final Exam Review
Introduction
1. De Trader opens a brokerage account and purchases 200 shares of Internet Dreams at $44 per
e
share. She borrows $4,150 from her broker to help pay
CHAPTER 18: EQUITY VALUATION MODELS
CHAPTER 18: EQUITY VALUATION MODELS
PROBLEM SETS
1.
Theoretically, dividend discount models can be used to value the stock of
rapidly growing companies that do not
CHAPTER 25: INTERNATIONAL DIVERSIFICATION
CHAPTER 25: INTERNATIONAL DIVERSIFICATION
PROBLEM SETS
1.
International Investing Raises Questions was published in the Wall Street
Journal in 1997. Some of t
CHAPTER 23: FUTURES, SWAPS, AND RISK MANAGEMENT
CHAPTER 23: FUTURES, SWAPS, AND RISK MANAGEMENT
PROBLEM SETS
1.
In formulating a hedge position, a stocks beta and a bonds duration are used
similarly t
CHAPTER 22: FUTURES MARKETS
CHAPTER 22: FUTURES MARKETS
PROBLEM SETS
1.
There is little hedging or speculative demand for cement futures, since cement prices
are fairly stable and predictable. The tra
CHAPTER 21: OPTION VALUATION
CHAPTER 21: OPTION VALUATION
PROBLEM SETS
1.
The value of a put option also increases with the volatility of the stock. We see
this from the put-call parity theorem as fol
CHAPTER 20: OPTIONS MARKETS: INTRODUCTION
CHAPTER 20: OPTIONS MARKETS: INTRODUCTION
PROBLEM SETS
1.
Options provide numerous opportunities to modify the risk profile of a portfolio.
The simplest examp
CHAPTER 19: FINANCIAL STATEMENT ANALYSIS
CHAPTER 19: FINANCIAL STATEMENT ANALYSIS
PROBLEM SETS
1.
The major difference in approach of international financial reporting standards
and U.S. GAAP accounti
CHAPTER 17: MACROECONOMIC AND INDUSTRY ANALYSIS
CHAPTER 17: MACROECONOMIC AND INDUSTRY ANALYSIS
PROBLEM SETS
1.
Expansionary (looser) monetary policy to lower interest rates would
stimulate both inves
CHAPTER 16: MANAGING BOND PORTFOLIOS
CHAPTER 16: MANAGING BOND PORTFOLIOS
PROBLEM SETS
1.
While it is true that short-term rates are more volatile than long-term rates, the
longer duration of the long
CHAPTER 26: HEDGE FUNDS
CHAPTER 26: HEDGE FUNDS
PROBLEM SETS
1.
No, a market-neutral hedge fund would not be a good candidate for an investors
entire retirement portfolio because such a fund is not a
CHAPTER 27: THE THEORY OF
ACTIVE PORTFOLIO MANAGEMENT
CHAPTER 27: THE THEORY OF
ACTIVE PORTFOLIO MANAGEMENT
PROBLEM SETS
1.
Views about the relative performance of bonds compared to stocks can have a
CHAPTER 28: INVESTMENT POLICY AND
THE FRAMEWORK OF THE CFA INSTITUTE
CHAPTER 28: INVESTMENT POLICY AND
THE FRAMEWORK OF THE CFA INSTITUTE
PROBLEM SETS
1.
You would advise them to exploit all available
Joint Evaluation Project Phase 3
Group 1I
Exxon Mobil Overview:
Company Description
Exxon is the largest publicly traded in the world and is the biggest supplier of oil and gas. Their
product lines in
J O I N T V A L U AT I O N P R O J E C T
PRESENTED BY:
GROUP 1I
CURRENT STOCK PRICE: 88.25 (MAY 1
ST
, 2015)
Sector: Basic Materials
Industry: Major Integrated Oil and Gas
All underlying data found
wi
BUYING ON MARGIN
Is the act of buying securities with money that is in part borrowed
from a broker
Requires opening a margin account (as opposed to a simple cash
account)
The broker will charge you in
Technical Analysis
By: Mark Garvin, Chris Roth, Nik Pavlich, Chris
Evans, Sam Seeger
Finance 421: Team 2G
Introduction:
What is Technical Analysis?
The point of this project is to analyze the trading
Midterm 3 Practice Questions
Finance 421 (Towner), Fall 2016
DISCLAIMERS: These questions do not cover every topic that will be on the
exam. Studying these questions is not sufficient preparation for
Midterm 3 Formulas
Finance 421 (Towner), Fall 2016
DISCLAIMER: This formula sheet is a summary of some of the formulas I think
are important in the course so far. You NEED to be understand them and kn
Finance 421 (Towner) Homework 6
Due Monday 11/21/2016
Name:
Grade:
/ 20
Problem 1: Options Basics (5 points)
Imagine AAPL stock closed at $520 on November 15th. At that time, the following options
wer
Course Announcements
Call and Put Options
Pricing Basics
Option Valuation
Fin 421 Lecture 22: Options Basics
Professor Mitch Towner
University of Arizona
Two handouts: Homework 6, lecture notes
11/14/
CHAPTER 15: THE TERM STRUCTURE OF INTEREST RATES
CHAPTER 15: THE TERM STRUCTURE OF INTEREST RATES
PROBLEM SETS.
1.
In general, the forward rate can be viewed as the sum of the markets expectation of
t
CHAPTER 14: BOND PRICES AND YIELDS
CHAPTER 14: BOND PRICES AND YIELDS
PROBLEM SETS
1.
a) Catastrophe bond A bond that allows the issuer to transfer catastrophe risk
from the firm to the capital market