Midterm #1 Review
Practice Problem Set
Chapters 1-4
September 27, 2017
Chris Lynch 320 Purnell Hall [email protected] 302.831.1782
MP-1
1) The primary goal of financial management
is most associated with increasing the:
A. dollar amount of each sale.
B. tra
September 20, 2017
FINC314
Jay Coughenour
6-1
Transforming between types is often necessary as a
practical matter, and for understanding forward rates.
6-2
r0(t1,t2) is the interest rate from time t1 to t2 prevailing
at time t0 on a zero coupon bond
r0(0
September 13, 2017
FINC416
Jay Coughenour
Hedging with Futures 2
Outline
First,
work through a speculative futures
trade that is offset prior to expiration.
Then,
we work through a series of hedges:
Perfect direct hedge
Direct hedge with basis risk
C
August 30, 2017
Jay Coughenour
6-1
Course
webpage
http:/sites.udel.edu/coughenj/courses/fin
c416/
password = pascal
Grading
6-2
Quizzes
on listed on date with
chapters covered
Topics will be linked to notes
6-3
The
purchase/sale of an asset for
imm
FINC416
September 18, 2017
Jay Coughenour
6-1
Calendar
spreads
Long+short position in same asset, but at
different expiration dates
Commodity
spreads
Long+short position in different assets, but
typically at the same expiration date
and yes, you may c
September 11, 2017
FINC416
Jay Coughenour
Hedging with Futures 1
Hedging vocabulary
Hedging
The act of taking a financial or real position to reduce
risk
Perfect
hedge
all risk eliminated with perfect timing, asset, and
quantity match (so they are rar
FINC416 - Quiz 2 September 18, 2017
Name: ez Score:
1.
LC:
D.
3
A firm needs to purchase a large quantity ofaluminum, which serves as a component of the
product they produce. This firm has a business exposure to the price ofaluminum,
which they can hedge
FINC416 Derivatives and Risk Management Fall 2017
Instructor:
Webpage:
Office hours:
Jay Coughenour, Associate Professor of Finance, [email protected]
http:/sites.udel.edu/coughenj/courses/finc416/
Please
FINC416 - Quiz 1 September 11, 2017
Name: [email protected] i Z l, 2 Score:
1. A trader enters a contract that obligates her to sell gold 180 days from now at $13oo/oz.
This is an example of a position.
A. long futures
short futures
C. long put option
D. short put optio
September 25, 2017
FINC416
Jay Coughenour
6-1
6-2
FRAs are contracts to borrow or lend at a rate
on a given notional principal amount from time
t1 to time t2. The terms are agreed upon
today, t0.
FRAs are over-the-counter instruments that
tend to be short
Fixed Income Securities
Instructor: Matthias Fleckenstein
HOMEWORK II
Due Date: 2/23/2017
Each question counts as one point, if answered correctly. No
partial credit will be given. Only nal answers written in the
space provided below are counted. This ass
HintsforHomework
5hevaluesofthediscountfunctions(D(T)from0.5to 30 years in
steps of 0.5 JT POUIFDPVSTFXFCQBHF
1. Question 1:
The first question is asking you to compute the par rates for bonds
with maturity T = 1 to 30 in increments of 1 year. So you bas
Fixed Income Securities: Homework 7
Instructor: Matthias Fleckenstein
HOMEWORK 7
Due Date: 4/23/2017
Each question counts as one point, if answered correctly.
No
partial credit will be given. Hand in a one-sided hard-copy with
your answers before class.
N
Fixed Income Securities
Instructor: Matthias Fleckenstein
HOMEWORK 5
Due Date: 3/16/2017
Each question counts as one point, if answered correctly. No
partial credit will be given. Hand in a one-sided hard-copy with
your answers before class.
Name:
Student
Fixed Income Securities: Homework 7
Instructor: Matthias Fleckenstein
HOMEWORK 7
Due Date: 4/20/2017
Each question counts as one point, if answered correctly. No
partial credit will be given. Hand in a one-sided hard-copy with
your answers before class.
N
Fixed Income Securities: Homework 6
Instructor: Matthias Fleckenstein
HOMEWORK 6
Due Date: 4/13/2017
Each question counts as one point, if answered correctly. No
partial credit will be given. Hand in a one-sided hard-copy with
your answers before class.
N
Fixed Income Securities
Instructor: Matthias Fleckenstein
HOMEWORK 5
Due Date: 3/16/2017
Each question counts as one point, if answered correctly. No
partial credit will be given. Hand in a one-sided hard-copy with
your answers before class.
Name:
Student
Fixed Income Securities
Instructor: Matthias Fleckenstein
HOMEWORK 4
Due Date: 3/9/2017
Each question counts as one point, if answered correctly. No
partial credit will be given. Hand in a one-sided hard-copy with
your answers before class.
Please write y
Fixed Income Securities: Homework 9
Instructor: Matthias Fleckenstein
HOMEWORK 9
Due Date: (!) 5/11/2017
In this homework assignment, you are asked to complete a data
exercise using Excel. The data needed to complete this assignment is provided in a separ
Fixed Income Securities
Instructor: Matthias Fleckenstein
HOMEWORK III
Due Date: 3/2/2017
Each question counts as one point, if answered correctly. No
partial credit will be given. Hand in a one-sided hard-copy with
your answers before class.
Please write
Fixed Income Securities
Instructor: Matthias Fleckenstein
HOMEWORK 4
Due Date: 3/9/2017
Each question counts as one point, if answered correctly. No
partial credit will be given. Hand in a one-sided hard-copy with
your answers before class.
Please write y
Question 1
Amount you wish to have in 10 years
400000.00
Interest rate you can get
0.03
This interest rate is compounded annually
The formula that you need to use to find out how much you invest today is
FV = P(1 + r)^T
Here the required future value ($40
Fixed Income Securities
Instructor: Matthias Fleckenstein
HOMEWORK III
Due Date: 3/2/2017
Each question counts as one point, if answered correctly. No
partial credit will be given. Hand in a one-sided hard-copy with
your answers before class.
Please write
FINC 862: Fixed Income Securities
Instructor: Matthias Fleckenstein
HOMEWORK I
Due Date: 2/16/2017
Each question counts as one point, if answered correctly. No
partial credit will be given. Hand in a one-sided hard-copy with
your answers before class on 2
Fixed Income Securities: Homework 6
Instructor: Matthias Fleckenstein
HOMEWORK 6
Due Date: 4/13/2017
Each question counts as one point, if answered correctly. No
partial credit will be given. Hand in a one-sided hard-copy with
your answers before class. N
Return
Mean
0.006999
Standard E 0.001452
Median
0.00912
Mode
#N/A
Standard D 0.041249
Sample Var 0.001702
Kurtosis
1.77492
Skewness -0.421324
Range
0.380677
Minimum -0.21763
Maximum 0.163047
Sum
5.648372
Count
807
Bin
Frequency
-0.21763
1
-0.204035
0
-0.1
20132014
11 1
Project Topic
Lenovo Business Report
Project Group
2011524106
2011524104 PC
2011524101
2011524105
Project Report
1. Project Objective
The objective of our project is to make our sales status clear by analyzing
market data and trends o