FIN 3101, Fall 2013
Problem Set #1
Directions: The problem set is due by 4 PM on Tuesday October 1, 2013. Problem sets may be turned
in to me during class or delivered to my office by the deadline. An
FINA 3101 Problem Set 3
Due Date: 3 PM, November 27, 2012 with no exceptions.
Ground Rules:
Students may work independently or in groups of up to three other students.
Each group should turn in one
Assignment 3
Investment and Portfolio Management
Instructor: Jason Levine
Spring 2014
Due date: Tuesday, February 18
1. The expected returns and standard deviation of returns for two securities are as
Section 1: Multiple Choice: Clearly indicate your selection. [3 points each]
l. On December 16, 2010, Swift Transportation Co (SWFT) conducted in Initial Public Offering
(1P0) in which the company sol
Finance 3101
FALL Semester, 2016
Professor Henderson
Student Name:_
Instructions: There are three (3) sections to this exam: Multiple choice, True/False, and Short-response.
The exam totals 100 points
FIN 3101, Fall 2012
Problem Set #1
Directions: All problem sets are due by 3 PM on Tuesday October 2, 2012. Any students working
together must turn in one set of solutions for that group with all grou
Assignment 4
Investment and Portfolio Management
Instructor: Jason Levine
Spring 2014
Due date: Tuesday, March 4 at 11:59:59pm
1. Stock MPQ has a volatility of 25% and i = 0.7. The market has volatili
9/15/16
Sashank Dhara
FINA 3101 - Investment & Portfolio Management - Fall 2016
Chapters 1 & 2 Problem Set
Chapter 1 EOC Problems: 3, 5, 7, 14, 15
3. What is the difference between asset allocation an
10/17/2016
Sashank Dhara
FINA 3101
Fall 2016
Problem Set #4
Chapter 5
FINA 3101 Assigned Problems for Chapter 5:
7, 10, 12, 13, 14, 15, 16, 17, 18, 19, CFA problems 1, 4, 5
7. An investor buys three s
Predictability: The ability to use the information available
at a time t to forecast returns in the future.
Random Walk: Future returns are unpredictable
What is an efficient market?
How do we determ
What is the optimal portfolio?
How should we approach this problem?
The solution may be different for a 20-year old college
student and a 65-year old retiree!
We would like a unified theory to selec
Formula Sheet: Final Exam
NAME: _
FINA 3101, Investment Analysis
2 xN
P( y)
t 1
MD
CPN t
1 y
2
t
PAR
1 y
2
2 xN
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dy
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ED dP 1 P 1 P ( y ) P ( y ) 1
dy P
y P
y y
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N
MDP i MDi
i 1
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Primary Market
Types of offerings
Secondary Market
How securities trade among investors
Types of markets
Types of orders
Measuring liquidity
Buying on Margin
Short Selling
Public securities: Register
Formula Sheet: Midterm Exam
NAME: _
Tax-equivalent yield = tax exempt yield / (1 T)
1
r
N
r
N
r (1 rt )
t 1
2
1 N
2
r rt
N 1 t 1
N
t 1
t
1
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r rt
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E ( R p ) i E ( Ri ) 1 E ( R1 )
The role of investment companies (some benefits):
Pooling / Lower transactions costs
Diversification
Professional management
Record keeping
Types of investment companies:
Unit Investment Trust (fixed
Recall the predictions of the efficient markets hypothesis:
Security prices reflect available information
Highly competitive financial markets make acquiring differential
information difficult. Thus
11.1 Motivation
Intuitively, the stock price of a firm might change due to:
News about the state of the economy: affects all stocks; and
News about the firm or related firms (e.g., competitors): af
We have to this point developed portfolio choice by considering
some number of risky assets. We optimize the portfolio by
searching for the optimal combination of those risky assets
based on their ex
FlNAl26Fall2010 _ _
.' QUIZI
7t
NAME:
. is not a derivative security.
share of common stock
B. A call option
. A futures contract
ll ofthe above are derivative securities.
2. assets generate net i
In todays class we will take a closer look at the broad asset
classes of stocks and bonds. Remember, we define an asset
class as a group of securities having similar characteristics.
The following is
Tuesday, October 17, 20
17
Introduction
Review course syllabus
Textbook
A portfolio is an investors set of investment assets.
Asset Allocation: The process of determining the optimal
portion of an inv