1.1 What is the goal of a performance evaluation?
Performance evaluation is a method of assessing employees contributions to the organization.
The primary goals of performance evaluation are to get two-way communication on an equitable
measurement of an e
FINE 3010
The information below is a guide to help you study for the final exam.
Chapter 1
Final Exam Review
Investment Decision or Capital Budgeting Decision or Capital Expenditure (CAPEX)
Decision to invest in tangible or intangible assets. A tangible a
Sergio Medina
Professor Khanna
Strategic Management
Arauco Industry Analysis
Five activities make the pulp and paper industry. The five activities are the production of
pulp, the production of paper and board, forestry, converting, and distribution. The l
Lecture 2
Players
Oleg Gredil
FINE7140
January 2017
This Lecture
1
Private Capital Market (PCM) sources over a company life cycle
2
Key players and play methods
I the nance perspective
3
PE fund contract design
(fund managers
fund investors)
I part 1 out
100 Coupon Ra 6.85%
Face Value
100
Time
9.46%
Current Yi
Assume Semi-Annual Compounding for Payments
Lesmond
Project 3
Date
Period
12/5/2016
6/5/2017
12/5/2017
6/5/2018
12/5/2018
6/5/2019
12/5/2019
6/5/2020
12/5/2020
6/5/2021
12/5/2021
6/5/2022
12/5/2022
Team Members:
Pablo Alfaro
Stefano Posenato
Kai Xiao
Joshua Nohel
Michael Guel
7-Stock Portfolio
October 18, 2016
Assessment of our portfolio:
We used the comparison between the capital allocation line (CAL) of our portfolio with the
capital market line (
Boston Beer Company Inc.
Comparable Ratio Analysis:
Founded in 1984, Boston Beer
company (NYSE: SAM) is
the largest craft brewer of
alcoholic beverages in the
United States and the 6th
largest brewer overall. It thus
exists somewhere in between
the fast g
Risk Management
Lecture 5: Interest rates
1
Risk-free interest rates
What is a risk-free rate?
The risk-free rate is really important for several different areas of
finance
In reality there is no such thing!
However, three candidates come close:
Trea
Risk Management
Lecture 10: Option strategies
Types of Strategies
I.
Principal protected note
II. Take a position in the option and the underlying
Covered call & put
III. Spreads: Take a position in 2 or more options of the
same type
Bull spreads
Bear sp
Risk Management
Lecture 6: Forward and Future Prices
1
Determination of Forward and Futures Prices (Chapter 5)
Short selling
Investment and consumption assets
The relation between Forward and Spot prices via no
arbitrage
For assets with no income / cos
Instructor: Nishad Kapadia
Office Phone: 504-314-7454
Office: GWII, Room M121
E-mail: [email protected]
Blackboard Site: myTulane.blackboard.com
Office Hours: Open-door policy: drop by anytime M-Th. If Im in, Ill help. If you want to set an
appointment f
Risk Management
Lecture 9: Properties of stock options
1
Properties of Stock Options
Today we will cover
Factors affecting option prices
Upper and lower bounds for option prices
Put Call parity
Understand the early exercise of American options
2
Nota
Security Analysis
Lecture Map
Economic
Analysis
Global and Domestic
Behavioral Flow Models
Business
Cycle Investing and the
importance of Cost Structure
(Leverage)
Competition and Pricing Power
Lesmond
1
Economic Analysis
Big to small, weve got:
Globa
Equity Valuation
Lecture Map
Definitions of Value
Book value, Liquidation value, Intrinsic value, Market value
Dividend discount models
Constant-growth
Multi-stage growth
Value Metrics and Determinants of Value
Current earnings and growth
P/E
Lesmond
1
Tulane University
A.B. Freeman School of Business
FIN7160 Investments and Asset Pricing
Fall 2016
All Sections
GWHII 3110
David A. Lesmond
Office: M136
8655665
Office Hours:
M: 5:00 6:00 p.m.
Course Outline And Policies
1. Course Description and Objective
Option Pricing and Analysis
Binomial Option Pricing Model
Black-Scholes Option Pricing Model
The Greeks
Lesmond, Fall 2012
1
Option Pricing Models in general
The basis of any option pricing model is a
description of the stochastic process followed by
the
Futures
11/15/2016
Futures
Characteristics and terms
Futures-Spot Parity (Futures pricing)
Futures prices and Expected Spot Prices
Lesmond, Fall 2016
1
Futures
Futures and Forwards
Forward contract a contract entered into TODAY
which specifies prices and
Market Mechanics
Lecture Map
Market Mechanics
Where do securities come from?
Where and how are they traded?
Short sales
Buying on margin
Regulation of Security Markets
Lesmond
1
The Birth of a Security
IPO Initial Public Offering
IPO is an offer of secur
Index Models and the CAPM
Theory and Practice
Factor and Index Models
Single-Factor Model / Single Index Model
Multi-Factor Models
- APT
- Fama-French 3 factor model
Theory and development of the CAPM
(Capital Asset Pricing Model)
Equilibrium implications
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Chapter 14
Page 481-11
a. On a financial calculator, enter the following:
n = 40; FV = 1000; PV = 950; PMT = 40
You will find that the yield to maturity on a semiannual basis is 4.26%. This implies a bond
equivalent yield to maturity equal to: 4.26% * 2 =
Option Pricing and Analysis
Binomial Option Pricing Model
Black-Scholes Option Pricing Model
The Greeks
Lesmond, Fall 2015
1
Option Pricing Models in general
The basis of any option pricing model is a
description of the stochastic process followed by
the
OptionsInstruments, Markets, Strategies
Instruments
Payoffs and Profits at Expiration
The Options Market
Option Strategies
Exotics
1
Option Instruments
Call the right, but not the obligation, to
purchase an underlying asset (stock or index)
for exercise p
CHAPTER 5
Building Competitive Advantage Through
Business-Level Strategy
Summary of Chapter
1.
To create a successful business model, managers must choose business-level strategies that
give a company a competitive advantage over its rivals; that is, they
Futures Trading Simulation: Discussion
FINE 4140
HAIBO JIANG
FALL 2016
Futures Trading Simulation: Trading Activities
28 Participants: 2 Book Keepers & 10 Group-Traders
7 Rounds of trading, about 16 minutes
33 Trades, about 2 trades per minute
2/4
Per Gro
Derivative: to hedge risk, speculate, lock in an arbitrage profit, change nature of liability,
change nature of investment without incurring the costs of selling one portfolio and
buying another
Hedging is when a trader has an exposure to price of an ass
Risk Management FINE-4140-01
Practice Questions for Quiz 1
Name:
ID#:
General Instructions for Taking Quizzes:
First, please write down your Name and ID#.
You will be provided with the information of the number of questions and the number of pages
in each
Risk Management FINE-4140-01
Quiz 1
Name:
ID#:
Instructions:
This quiz contains TWO questions. There are five pages in total, including this cover page.
Question 1 is worth 65 points, Question 2 is worth 35 points, and the total is 100 points. You
have 20
Risk Management FINE-4140-01
SOULTIONS for Practice Questions of Quiz 1
Name:
ID#:
General Instructions for Taking Quizzes:
First, please write down your Name and ID#.
You will be provided with the information of the number of questions and the number of