Sample Exam Questions
1.
Define the following terms:
a. Insurance put
A portfolio which consists of one long share and one long put option.
b. Hedge ratio
The number of shares needed to hedge a short option position. It is also the sensitivity of an optio
Chapter 8
Forward and Futures Markets
1.
2.
3.
4.
5.
6.
165
Definition and markets (self study)
Daily settlement
T-bill futures
Eurodollar futures
FRAs
T-bond futures delivery options
Tie Su - FIN422 - Spring 2014 @ UM
What is a forward contract? A legall
Finance 422 Final Exam
May 5, 2011
1. This exam is closed book, closed notes, and closed neighbor. You may not share your
calculator with anyone else.
2. You have 120 minutes to finish the exam.
3. There are totally nine pages of the exam, including this
Finance 422 Mid-Term Exam
March 8, 2011
1. This exam is closed book, closed notes, and closed neighbor. You may not share your
calculator with anyone else.
2. You have 75 minutes to finish the exam.
3. There are totally six pages of the exam, including th
FIN422
Speculative Markets
and Derivative Securities
Spring 2014
University of Miami
Tie Su, Ph.D., CFA
Tie@miami.edu
1
Tie Su - FIN422 - Spring 2014 @ UM
Chapter 1. Introduction
1.
2.
3.
4.
2
Definition and types of derivatives
Risk and return
EMH
Exampl
FINANCE 422 Speculative Markets and Derivative Securities Syllabus
University of Miami, Fall 2014
MW 5:00 6:15 pm. Room SB 408
Instructor:
Office:
Office Phone:
E-mail:
Dr. Tie Su, CFA
514G Jenkins Building, School of Business
(305) 284-1885 (office), (30
Chapters 10 & 11
Forward-Futures Hedging Strategies:
Basic and Advanced
1.
2.
3.
4.
5.
6.
7.
272
Long hedge and short hedge
Basis and basis risk
Hedge ratio of an equity portfolio
Equity portfolio hedging examples
Bond duration
Hedge ratio of a fixed-inco
FIN422
Speculative Markets
and Derivative Securities
Fall 2014
University of Miami
Tie Su, Ph.D., CFA
Tie@miami.edu
1
Tie Su - FIN422 - Fall 2014 @ UM
Chapter 1. Introduction
1.
2.
3.
4.
2
Definition and types of derivatives
Risk and return
EMH
Examples
T
Chapter 8
Forward and Futures Markets
1.
2.
3.
4.
5.
6.
175
Definition and markets (self study)
Daily settlement
T-bill futures
Eurodollar futures
FRAs
T-bond futures delivery options
Tie Su - FIN422 - Fall 2014 @ UM
What is a forward contract? A legally
FINANCE 422 Speculative Markets and Derivative Securities Syllabus
University of Miami, Spring 2014
MWF 1:25 pm 2:15 pm. Room SB 508
Instructor:
Office:
Office Phone:
E-mail:
Dr. Tie Su, CFA
517B Jenkins Building, School of Business
(305) 284-1885 (office
Chapters 10 & 11
Forward-Futures Hedging Strategies:
Basic and Advanced
1.
2.
3.
4.
5.
6.
7.
259
Long hedge and short hedge
Basis and basis risk
Hedge ratio of an equity portfolio
Equity portfolio hedging examples
Bond duration
Hedge ratio of a fixed-inco