Investment Financial Research Method, By WONG, Wing Keung
P1-1
Introduction to Elementary Mathematics
References:
Jerey Baldani, James Bradeld, Robert W Turner, 2004, Mathematical
Economics, 2nd ed. Cengage Learning.
Chiang, A. C., & Wainwright, K. (200

ECON 7420, By WONG Wing Keung, Professor of Economics
P3-1
Introduction to Basic Statistics
References:
Greene, W.H., Econometric Analysis, Upper Saddle River,
N.J. : Prentice Hall, 4th edition, 2000.
Wooldridge, J.M., 2013, Introductory Econometrics: A

Investment Financial Research Method, By WONG, Wing Keung
P3-1
Introduction to Basic Statistics
References: Greene, W.H., 2000. Wooldridge, J.M., 2013.
1
Point Estimation
Parameters of a population are usually unknown.
To estimate the parameters, we dra

Fixed Income Securities
Lecture 6
Shyh-Weir Tzang
Forward Contract
Forward contracts are agreements to settle th
e trade of an asset at some date in the future s
o that the purchase price and the asset chang
e hands at that future date.
The price at whi

Fixed Income Securities
Week 5
Shyh-Weir Tzang
Review of the Price-Yield Relationship for O
ption-Free Bonds
An increase in the required yield decreases th
e present value of its expected cash flows and
therefore decreases the bonds price.
An decrease i