The high involvement product I have chosen is foundation, this is
because I spend a lot of time comparing different aspects such as the
features, prices and the ingredients used in the product. The
ad
AFF9350
Portfolio Management and Theory
Lecture 6
Important Announcements:
AFF9350 students should download the group
assignment from the WebCT Vista site very early
and sign the Declaration on Desig
AFF9350
Portfolio Management and Theory
Lecture 5
Questions to be answered
Real estate investments
Important Announcement:
AFF9350 students should download the group assignment from the WebCT
Vista s
Submission of AFF9350 Group Assignment
Students need to follow very closely the instructions of AFF9350
unit coordinator in handing the group assignment by the due date.
It is a good idea to save word
It is expected that AFF9350 students will have at least 70% seminar participation by the end of
the semester.
The following are suggested answers/solutions. Students should reinforce these answers/sol
It is expected that AFF9350 students will have at least 70% seminar participation by the end
of the semester.
The following are suggested answers/solutions. Students should reinforce these
answers/sol
AFF9350
PORTFOLIO MANAGEMENT AND THEORY
Teaching Week 12, Lecture 12
CAPITAL MARKET EFFICIENCY
RB, Chapter 6
It is expected that AFF9350 students will have
at least 70% seminar participation by the e
AFF9350 Portfolio Management
and Theory
Questions to Be Answered:
Teaching Week 2
2A  Asset Allocation and a Preview of
Portfolio Management Process
2B Security Market Indicator Series
RB, Chapters 2
Submission of AFF9350 Group Assignment
AFF9350: PORTFOLIO
MANAGEMENT AND THEORY
Students need to follow very closely the instructions of AFF9350
unit coordinator in handing the group assignment by th
It is expected that AFF9350 students will have at least 70% seminar participation by the
end of the semester.
The following are suggested answers/solutions. Students should reinforce these
answers/sol
Important Messages:
1) It is expected that AFF9350 students will have at least 70% seminar participation by the end of
the semester.
2) This is a somewhat long and difficult tutorial for most beginnin
Option Strategies
Bear spreads
Sell a call (put) and buy another call (put) on the same
stock at a higher exercise price
Use when the market is more likely to fall than rise but at
the same time wi
It is expected that AFF9350 students will have at least 70% seminar participation by the end of
the semester.
The following are suggested solutions/answers. Students should reinforce these answers by
AFF9350
Portfolio Management and Theory  Lecture 7
Markowitz Portfolio Theory (MPT)  RB: Ch. 7
AFF9350 students need to be aware that unit coordinator has made
some minor alterations in items 8, 9 a
It is expected that AFF9350 students will have at least 70% seminar
participation by the end of the semester.
The following are suggested answers/solutions. Students should reinforce these
answers/sol
Important Message:
It is expected that AFF9350 students will have at least 70% seminar participation by the end
of the semester.
The following are suggested answers/solutions. Students should reinforc
Geometric mean:
No need to consider the form of investors
utility function or the distribution of security
return
GM = [(1+r1)(1+r2).(1+rn)]1/n 1
Criterion:
o An investor would select portfolio tha
Important Messages:
1) It is expected that AFF9350 students will have at least 70% seminar
participation by the end of the semester.
2) This is a somewhat long tutorial and only the difficult (selecte
AFF9350: PORTFOLIO MANAGEMENT AND
THEORY
Lecture 8
Asset Pricing Models, Part I Capital Asset Pricing Model (CAPM)
and Multifactor Models including
Arbitrage Pricing Theory (APT)
Important Messages
I
Questions to be answered
AFF9350
Portfolio Management and Theory
Lecture 4
1. What is investment decision process?
2. What are the theories of valuation?
3. What are the required inputs for valuation?
AFF9350: PORTFOLIO MANAGEMENT AND
THEORY
1A Introduction to Investments, Security
Markets and Taxation Environment
1B Measuring Investment Return and Risk
Students successfully completing this unit c
It is expected that AFF9350 students will have at least 70% seminar participation by the end of the
semester.
The following are suggested solutions/answers. Students should reinforce these answers by
It is expected that AFF9350 students will have at least 70% seminar participation by the
end of the semester.
The following are suggested solutions/answers. Students should reinforce these answers by
It is expected that AFF9350 students will have at least 70% seminar participation by the
end of the semester.
The following are suggested answers/solutions. Students should reinforce these
answers/sol
1
Lecture 10 Example: Evaluation of Portfolio Performance
Consider the following portfolios, assuming Rf is .08.
Portfolio
Return
Beta
A
B
C
D
.16
.22
.11
.18
1.0
1.5
0.6
1.1
.05
.10
.02
.06
Calculati
Yield and Price Relationship in Securities
Basic principle in finance: inverse relationship
between (estimated) return (or yield) and price (value)
Our focus is only the income component of total
retu
Accounting information systems and financial modelling
AFF 2851

Fall 2014
D 1.
devices
A)
B)
C)
D)
The sharing of a medium and its link by two or more
is called _.
modulation
encoding
line discipline
multiplexing
D 2.
A)
B)
C)
D)
Which multiplexing technique transmits analo