McGill University
The Desautels Faculty of Management
ADVANCED BUSINESS STATISTICS
MGSC-272
SAMPLE MID-TERM EXAMINATION
Examiner: Professor Brian Smith
Time: 2 Hours
This is a closed book examination. A one-page cribsheet is permitted.
Write your answers

Competitive Rivalry and
Competitive Dynamics
Professor Yuan Li
1
Definitions
Overview
Building
blocks of competitor analysis:
Market commonality and resource
similarity
Drivers
of competitive action/responses:
awareness, motivation, ability
Factors
affect

THINGS TO LOOK AT DAILY
http:/www.facebook.com/l.php?u=http%3A%2F%2Fwww.thestreet.com%2Fstory
%2F11468104%2F1%2F5-things-you-should-know-before-the-stock-market-opens.html
%3Fcm_ven
%3DGOOGLEN&h=XAQH0SiphAQHXmZbdJJ_c2lemBwniBf5KXIEFTB451yNIbQ
Journal de b

1.
Below you are given a partial Minitab output based on a sample of 25 observations.
Constant
X1
X2
X3
Coefficient
145.321
25.625
5.720
0.823
Standard Error
48.682
9.150
3.575
0.183
Refer to the information above. The estimated regression equation is
A.

Supplemental Printout for Canadian Industrial supplies
Interaction Model: Salary vs Employ, Gender, and Employ*Gender
Salary vs Employ and Gender Four-in-One Plot

Lecture 15: Outline
Credit Default Swaps: fixed coupon bonds CDS bond basis and the negative basis trade
CDS: Fixed Coupon Bonds
Yield curve is flat at 5% and will remain flat at 5% Morgan Stanley issues a $100 FV, 5-year, 7% fixed rate bond, sold at pa

Lecture 17: Outline
Carry Slide
"Positive Carry" yacht HF manager lost yacht
Carry and Slide
The carry on a zero cost trade is the amount of profit you make (as a fraction of the $ invested in the long position) under the assumption that the YTMs of a

NAME: _ McGill University Derivatives Fall/11 EXOTICS 1 Quiz Max Pts: 10 Time: 45 minutes
NO CREDIT FOR A QUESTION (A, B, C, D) IF THE STRATEGY IS NOT THE MOST SUITABLE ONE. MUST FILL THE PAYOFF TABLE, AND JUST ENTER THE DOLLAR AMOUNTS IN THE Q&A SEGMENT.

Lecture 22
Eurodollar futures Fed funds futures Intro to bond options
Eurodollars Futures
Contracts trade on Chicago Mercantile Exchange (CME)
Instrument allows you to hedge or speculate on 3-month USD LIBOR
Trade all the way out to 10-years, for certai

Lecture24
Introductiontoshortrateprocesses
Binomial tree: multi step
Recall: if we know the risk-neutral short rate process, we can price
any bond/derivative by taking the expected path-by-path PV
12.5%
10%
7.5%
9.5%
9%
8%
6.5%
7%
7%
6%
5%
4.5%
4%
3.5%
5%

Lecture21
Bondandinterestratefutures
Futures contracts
A futures contract is similar to a forward contract
At each date it costs nothing to go long or short a futures contract
One difference: futures is marked-to-market
Why?
This means, that at each date

Lecture 13: Outline
Corporate bonds
Ratings Default probability Credit spreads
(Sorry, I couldn't find a funny corporate bond themed image, so this will have to do. It's kind of like a corporate bond.)
Corporate bonds
Companies issue bonds to raise cash

FINE 445: Real Estate Finance Vadim di Pietro
Assignment 2+3: Solutions
1) Today is year t = 0. Consider 10 mortgages, M1 to M10, each with one payment left of $1,000 to be made at t = 1. You pool all 10 mortgages, and tranche them into 10 tranches: Senio

FINE 451 / FINE 630 Fixed Income Analysis / Fixed Income Markets
Vadim di Pietro
Assignment 2+3: Fall 2011
Due date: December 11, by 10pm. You may slide the assignment under my door (Room 504) any time before the due date. Solutions will be posted online

INSTRUCTOR'S MANUAL: MULTINATIONAL FINANCIAL MANAGEMENT, 9TH ED.
CHAPTER 5 THE BALANCE OF PAYMENTS AND INTERNATIONAL ECONOMIC LINKAGES
The purpose of this chapter is to help students understand the financial and real linkages between the domestic and worl

FINE 445: Real Estate Finance
Vadim di Pietro
Extra practice problems for final exam: Solutions
1) Today is year t = 0. Consider 4 mortgages, A, B, C, and D, each with one
payment left of $5,000 to be made at t = 1.
You pool all 4 mortgages, and tranche t

December2011
FinalExamination
Real Estate Finance
FINE 445: Sections 1 and 2
DECEMBER 22, 9AM-12PM
Final Exam: Solutions
Examiner:
Vadim di Pietro
Student Name:
McGill ID:
INSTRUCTIONS:
This is a CLOSED BOOK and CLOSED NOTES examination.
The exam is 180 m

Study Questions for Business-Level Strategy
1. Studies suggest that stable industries where firms have similar resources and capabilities
offer less opportunity for competitive advantage than industries where change is rapid and
firms are heterogeneous. S