Introduces the principles of options in corporate finance, covering markets, terminology, valuation, and pricing models.
Covers the binomial model for asset pricing, including options pricing and convergence to the Black-Scholes model.
Covers the basics of derivatives, including hedging, leveraging, spreads, payoffs, and pricing models for underlying assets.
Covers the fundamental theorems of asset pricing, including EMM, self-financing strategies, risk-neutral pricing, and completeness of markets.
Introduces the history and concepts of derivatives, including forward contracts, options, and their use in hedging and speculation.
Covers the Capital Asset Pricing Model, estimating betas, empirical evidence on returns versus beta, short-sale constraints, and optimal portfolio choice.
