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.
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 Capital Asset Pricing Model, estimating betas, empirical evidence on returns versus beta, short-sale constraints, and optimal portfolio choice.
Explores risk-neutral valuation for European derivatives, EMMs, trading strategies, and market securities in financial modeling.
Explores the Black-Scholes-Merton model, the Greeks, dynamic hedging, and engineering exposure in derivative pricing.
