THE UNIVERSITY OF HONG KONG
FACULTY OF BUSINESS AND ECONOMICS
School of Economics and Finance
FINA1310 Corporate Finance
GENERAL INFORMATION
FINA1310AB
Instructor: Dr. T. Lin
Email: [email protected]
Office
Chapter 3 Examples
ACTSC 231 Introductory Financial Mathematics
Lecture 13
Instructor: Emily Kozlowski
Chapter 3 Examples
1/8
1. A person age 40 wishes to accumulate a fund for retirement by
depositin
Chapter 4. General and Other Types of Annuities Part 1
ACTSC 231 Introductory Financial Mathematics
Instructor: Emily Kozlowski
Chapter 4 - Part 1
1 / 20
Lecture 14
General Annuities
Textbook Referenc
Chapter 4 Recommended Problems
The following problems from Chapter 4 of the textbook are recommended as the most
relevant. This list provides a great starting point to help you focus on the most impor
Chapter 3 Recommended Problems
The following problems from Chapter 3 of the textbook are recommended as the most
relevant. This list provides a great starting point to help you focus on the most impor
Practice Questions # 2 ACTSC 433/833, Winter 2018
1. Let X1 , ., Xn be a random sample from the distribution function F (x) = 1 S(x) and
Fn (x) be the empirical estimator for F (x).
n
o
(a) Show that
Practice Questions 1 ACTSC 433/833, Winter 2018
1. Let X1 , X2 , X3 be a random sample of size 3 from the uniform distribution U ( 2, + 2),
where 2. Let X(2) be the sample median.
(a)
(b)
(c)
(d)
Deri
Chapter 1: Introduction to Corporate Finance
1.2
An argument can be made either way. At the one extreme, we could argue that in a market
economy, all of these things are priced. There is thus an optim
ActSc 371: Introduction to Corporate Finance
Assignment Three: Answers
Due Date: July 13, before end of office hours (2:00pm).
1. (Question 8.9 from the textbook) You are asked to evaluate the followi
Chapter 3: Financial Planning and Growth
3.2
First we need to find the change in Sales. Projected Sales are 110% of current sales,
so current sales are:
S = 330 million / 1.10 = 300 million
and
S = 30
Chapter 26: Derivatives and Hedging Risk
26.2
1. Futures contracts are standardized and traded on exchanges, while forward contracts are
tailor-made to suit the specific needs of two counterparties. T
ActSc 371: Introduction to Corporate Finance
Assignment Four
Due Date: July 29, before end of office hours (noon).
1. (Question 24.3 from the textbook) The Webber Company is an international
conglomer
Chapter 24: Options and Corporate Finance: Extensions and Applications
24.2
Kimberleighs total compensation package consists of an annual salary of $500,000 for 3
years in addition to 10,000 at-the-mo
Chapter 25: Warrants and Convertibles
25.2
a. If the stock price is less than the exercise price of the warrant at expiration, the warrant is
worthless. Prior to expiration, however, the warrant will
Chapter 5: The Time Value of Money
$1,000 / 1.17 = $513.16
$2,000 / 1.1 = $1,818.18
$500 / 1.18 = $233.25
5.2
a.
b.
c.
5.4
Since this bond has no interim coupon payments, its present value is simply t
Chapter 2: Accounting Statements and Cash Flow
2.2
Long-term debt
Preferred stock
Common stock
Retained earnings
Total
One year ago
$50,000,000
30,000,000
100,000,000
20,000,000
$200,000,000
Today
$50
Chapter 4: Financial Markets and Net Present Value: First Principles of Finance
4.2
$40,000 + ($50,000 - $20,000) (1.12) = $73,600
Rich will earn $3,600 interest on the $30,000 he lends out this year,
Capital Asset Pricing Model (CAPM)
- Part 2: Portfolio Optimization & Efficient Frontier
ACTSC 372: Corporate Finance II
Winter 2018
Lecture Outline
So far: Portfolio optimization with 2 risky assets
Capital Asset Pricing Model (CAPM)
- Part 1: Intro to Risk & Return, Two Risky Assets Economy
ACTSC 372: Corporate Finance II
Winter 2018
Lecture Outline
= 0 +
1+
=1
What are the investment opportu
Financial Markets & Net Present Value
ACTSC 372: Corporate Finance II
Winter 2018
Ben Feng
Module Outline
The Financial Market Economy
Why does the financial market exist?
What does the financial m
2
Conditional Probability and Conditional Expectation
2.1
Definitions
Jointly Discrete Case: If X1 and X2 are both discrete random variables with joint
pmf p(x1 , x2 ) and marginal pmfs p1 (x1 ) and
Practice Questions 1 ACTSC 331, Winter 2018
1. A fully discrete whole life insurance of 120,000 is issued to a life at age 35 with level
annual gross premiums. You are given:
Interest rate i = 6% and
ACTSC 372 Winter 2018
Question 1:
Written Assignment 1
Due on Jan 23
Zero NPV for Market Opportunities (20pt)
This question asks you to proof that NPV=0 for any market opportunity, by formulas & by ar
WINTER 2016
ACTUARIAL SCIENCE 231
MATHEMATICS of FINANCE
General information
Instructor:
Office Hours:
Email:
Lectures:
Tutorials
Webpage:
Fan Yang
10:00-11:00TTh
M3 3018
[email protected]
01:00-0
ActSc 462/862
Lecture #4
Reference for Slide 26
Slide #26: Reference is Page A-9 from Appendix A
Also, the following will help with the on-level calculation:
Rate
Level
Group
A
B
C
D
E
F
G
Effective
Chapter 2 Examples
ACTSC 231 Introductory Financial Mathematics
Lecture 9
Instructor: Emily Kozlowski
Chapter 2 Examples
1/6
Example 1
0.1
At a force of interest t = 1+0.1t
, 0 t 14, the following pay
Chapter 2 Recommended Problems
The following problems from Chapter 2 of the textbook are recommended as the most
relevant. This list provides a great starting point to help you focus on the most impor
Chapter 1 Recommended Problems
The following problems from Chapter 1 of the textbook are recommended as the most relevant. This list
provides a great starting point to help you focus on the most impor