Covers financial markets structure, participants, government debt, asset managers, market sizes, derivatives, trading frequencies, orders, and portfolio returns.
Covers derivatives pricing, replication, and interpretation, including examples of call options, forward contracts, and put options.
Covers the Capital Asset Pricing Model, estimating betas, empirical evidence on returns versus beta, short-sale constraints, and optimal portfolio choice.
Introduces the history and concepts of derivatives, including forward contracts, options, and their use in hedging and speculation.
Explores arbitrage in multiperiod models, covering dynamic trading, absence of arbitrage, trading strategies, discounted prices, and martingales.
Covers the binomial model for asset pricing, including options pricing and convergence to the Black-Scholes model.
Introduces the principles of options in corporate finance, covering markets, terminology, valuation, and pricing models.
Delves into the Capital Asset Pricing Model, market portfolio, Security Market Line, betas estimation, and liquidity risk.
Explores factor models in finance, covering mean-variance portfolios, size and value anomalies, and momentum strategies.
Explores Portfolio Theory with a focus on the Risk Parity Strategy, discussing asset allocation proportional to the inverse of volatility and comparing different diversified portfolios.
