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 sold 73.3 million shares at $11 per share. Morgan Stanley
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
follows:
Security Z Security Y
Expected Return
15%
35%
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 volatility of 15%.
(a) How much idiosyncratic volatility does t
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 group members names on that copy.
Group size is limited to
The George Washington University
School of Business
FINA 3101
Alexandre Baptista
Spring 2016
Midterm (Blue), Solutions
Name: _
Instructions:
1. Please write your name on this page.
2. The Midterm has 9 pages. Please count them to make sure.
3. You have 1
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
dP( y ) 1
dy
P
ED dP 1 P 1 P ( y ) P ( y ) 1
dy P
y P
y y
P
N
MDP i MDi
i 1
(1 z 0 xN / 2) N (1 z 0 xN 1 / 2) N 1 (1 f N 1xN / 2), where N
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
N
1
1 N
2
r rt
N 1 t 1
N
E ( R p ) i E ( Ri ) 1 E ( R1 ) . N E ( RN )
i 1
N
2
P
i 1
12
N
j 1
i
j
i j
i, j
FIN 3101 Problem Set 2
Due Date: 3 PM, October 23, 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 write-up per group. If you work in groups, do not turn in
The George Washington University
School of Business
FINA 3101
Alexandre Baptista
Spring 2016
Midterm (Pink), Solutions
Name: _
Instructions:
1. Please write your name on this page.
2. The Midterm has 9 pages. Please count them to make sure.
3. You have 1
Session 7
Multifactor Models
Dr. Khaled F. Sherif
Single Factor Model
Returns on a security come from two
sources:
Common macro-economic factor
Firm specific events
Possible common macro-economic
factors
Gross Domestic Product Growth
Interest Rates
The Capital Asset Pricing
Model
The Passive Strategy
Dr. Khaled F. Sherif
Capital Asset Pricing Model
(CAPM)
It is the equilibrium model that
underlies all modern financial theory
Derived using principles of
diversification with simplified
assumptions
IPOs
Financial Management and
Dr.Markets
Khaled Sherif
Chapter Outline
What is an IPO?
An initial public offering, or IPO, is the first sale of stock by a
company to the public.
A company can raise money by issuing either debt or equity. If the
company
Global Asset Allocation
21 August 2015
The J.P. Morgan View
Correction or the end of the cycle?
Asset allocation A correction, but one that is not over, with reduced
medium-term upside on risk assets.
Economics Odds continue to rise against growth rebou
FINA 3101 Investment Analysis & Portfolio Management
Syllabus
Dr. Khaled F. Sherif
Phone:
202-460-4027
Email:
kfsherif@gmail.com
Office hours: By Appointment
Course Description
This course will discuss the theory and principles of investments and portfoli
FINA 3101 Investment Analysis & Portfolio Management
Dr. Khaled F. Sherif
Advisory Note Assignment: Earnings Preview (10 percent of total grade)
Due November 9, 2015
As earnings season takes full swing, many of the top investment banks will release adviso
STOCK MARKET AND MACROECONOMY
Share of stock is a private financial asset, like a
corporate bond
Both
are issued by corporations to raise funds, both
offer future payments to their owners
but what is the main difference between these
two?
When
a firm issu