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CHAPTER 15
Options on Stock Indices and Currencies
Practice Questions
Problem 15.8.
Show that the formula in equation (15.9) for a put option to sell one unit of currency A for
currency B at strike price K gives the same value as equation (15.8) for a cal
Finance 462: Test #2, Winter 09
Student Name:_
Lundquist College of Business
University of Oregon
Ali Emami
Favorite Sport:_
Please answer all questions and make sure to show your calculations and/or graphs. You are
allowed to use a calculator to help wit
Finance 462: Weekly Report Week 3 (4/20 - 4/24)
Name_
A. Buy futures based on expectations of interest rates:
1. Increase or decrease by 3% of portfolio value
Commodity Futures_ # of futures _ Price
paid_
Non-US Currency Futures_ # of futures_ Price
Paid_
Finance 462: Test #2, Fall 08
Student Name:_
Lundquist College of Business
University of Oregon
Ali Emami
Favorite Ice Cream:_
Please answer all questions and make sure to show your calculations and/or graphs. You are
allowed to use a calculator to help w
HW #1 462 Fall
Multiple Choice
Identify the letter of the choice that best completes the statement or answers the question.
_
1. The three types of traders in futures, forwards, and options are:
_
2.
_
3.
_
4.
_
5.
_
6.
a. Traders in NSE, CBT, and CBOE.
b
Finance 462: Test #2, Fall 2010
Student Name:_
Lundquist College of Business
University of Oregon
Ali Emami
Favorite Doughnut:_
Please answer all questions and make sure to show your calculations and/or graphs. You are
allowed to use a calculator to help
Finance 462: Test #1, Spring 09
Student Name:_
Lundquist College of Business
University of Oregon
Ali Emami
Favorite Food:_
Please answer all questions and make sure to show your calculations and/or graphs. You are
allowed to use a calculator to help with
Finance 462: Test #2, Winter 09
Student Name:_
Lundquist College of Business
University of Oregon
Ali Emami
Favorite Sport:_
Please answer all questions and make sure to show your calculations and/or graphs. You are
allowed to use a calculator to help wit
Finance 462: Test #2, Fall 07
Student Name:_
Lundquist College of Business
University of Oregon
Ali Emami
Favorite Ice Cream:_
Please answer all questions and make sure to show your calculations and/or graphs. You are
allowed to use a calculator to help w
Inflation rate ajusted Copper Price
Inflation rate ajusted Zinc Price
Sales of Copper
Sales of Zinc
Revenue from Copper
Revenue from Zinc
Total Revenue
Inflation rate of price
Inflation rate for cost
Operation cost
Cooper treatment charge
Zinc treatment c
Global Derivative Debacles Downloaded from www.worldscientific.com
by UNIVERSITY OF OREGON on 10/01/16. For personal use only.
GLOBAL
DERIVATIVE
DEBACLES
From Theory to Malpractice
Global Derivative Debacles Downloaded from www.worldscientific.com
by UNIV
Fin 462/562
Derivative Markets and Financial Institutions
Lundquist College of Business, University of Oregon
12/20/2015
Instructor
Teaching Assistant
Class Hours
Office Hours
Course Website
Prof. Youchang Wu, ywu2@uoregon.edu, (541) 346-5126
Arash Dayani
2. Mechanics of
Futures Markets
YOUCHANG WU
LUNDQUIST COLLEGE OF BUSINESS
Preview Questions
27
How does the margin account work?
What is the role of the clearing house in the futures
market?
How does the futures price converge to the spot price?
Why?
3. Hedging with Futures
YOUCHANG WU
LUNDQUIST COLLEGE OF BUSINESS
Preview Questions
46
How does hedging affect a firms cash flow?
What are the arguments for and against hedging?
What is the basis risk? Why does it exist?
When should one use a long hed
4. Spot and Forward Interest Rates
YOUCHANG WU
LUNDQUIST COLLEGE OF BUSINESS
Preview Questions
74
What is the LIBOR?
How do we convert interest rates from one compounding
frequency to another?
How to work with the continuously-compounded interest
rate?
Fin 462/562: Sample Midterm Exam
Lundquist College of Business
Name:
_
Campus ID _
Section _
This sample exam is only meant to give you an idea about the format of
the exam, and give you an opportunity for doing some further practice
questions. Do not try
5. Determination of
Forward and Futures Prices
YOUCHANG WU
LUNDQUIST COLLEGE OF BUSINESS
Preview Questions
101
How does short selling work?
How do the cash and carry and reverse cash and carry
strategies work?
How are the no-arbitrage forward/futures pric
Finance 462: Test #2, Fall 08
Lundquist College of Business
University of Oregon
Ali Emami
Student Name:_
Favorite Ice Cream:_
Please answer all questions and make sure to show your calculations and/or graphs. You are allowed to use a calculator
to help w
Finance 462: Test #2, Fall 07
Student Name:_
Lundquist College of Business
University of Oregon
Ali Emami
Favorite Ice Cream:_
Please answer all questions and make sure to show your calculations and/or graphs. You are
allowed to use a calculator to help w
BlkSchol.xls
Current Value of underlying asset (S)
Exercise price (strike) of option (K)
Life remaining for option (t) - in years
Riskless interest rate over option life
standard deviation in the value of the underlying ass
$1,544.75
$505.20
2.00
7.65%
0.
BlkSchol.xls
Current Value of underlying asset (S)
Exercise price (strike) of option (K)
Life remaining for option (t) - in years
Riskless interest rate over option life
standard deviation in the value of the underlying ass
$1,109.93
$602.00
2.00
7.17%
33
BlkSchol.xls
Current Value of underlying asset (S)
Exercise price (strike) of option (K)
Life remaining for option (t) - in years
Riskless interest rate over option life
standard deviation in the value of the underlying ass
$1,929.73
$602.00
2.00
7.87%
33
Corporate Applications
Chapter 4, 13
Debt and Equity are types of options
Suppose a firm has a single bond issue outstanding.
1 year, Zero Coupon, Face Value F = $5 million
V*= the value of the firm's assets on the bond's maturity date.
There are two
Memo
To:
Finance 462
From:
Case 3, Bidding for Antamina
Date:
Nov 12, 2015
Members:
Jeremy Zhao, Yiren Wang, Yile Ye, Yuanzhuo Qu
In the 1990s, the government wanted to transform the state owned companies into private
companies. The Antamina mine, which w
Case - Targhee Log Homes1
Targhee Log Homes, located in the scenic Teton Valley, Idaho, buys select-grade
Lodgepole Pine timber from loggers in and around the Targhee/Caribou National Forest,
which covers large portions of the states of Idaho and Wyoming
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guideline tat market value. The passive and active portfolios should he established with approsu st
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