Date |
Notes |
Readings |
Homework/Exams |
Keys |
| January 6 |
Statistics review |
Your STAT notes |
Old Statistics Test |
-- |
| January 8 |
Lecture 1: Present Values |
BMA Ch. 1,2 |
-- |
-- |
| January 13 |
Lecture 2: Zero-Coupon Bonds |
BMA 2.2 and 3.1 |
-- |
-- |
| January 15 |
Lecture 3: Non-zero Coupon Bonds |
BMA Ch. 3 |
Hw 1, due January 22nd |
Key Hw 1 |
| January 20 |
Lecture 4: Macauley Duration |
BMA 4.1,2 |
-- |
-- |
| January 22 |
Lecture 5: Term Structure of Interest Rates |
BMA 4.3-4.5 |
-- |
-- |
| January 27 |
Lecture 6: Valuation of stocks |
BMA Ch. 5 |
Hw 2, due February 5th |
Key Hw 2 || Excel file |
| January 29 |
Lecture 7: NPV versus other criteria |
BMA Ch. 6 |
-- |
-- |
| February 3 |
PARTIAL EXAM I |
-- |
-- |
Key partial 1 |
| February 5 |
Class canceled |
-- |
-- |
-- |
| February 10 |
Lecture 8: Risk and Return |
BMA 8.1 |
-- |
-- |
| February 12 |
Lecture 9: Risk and Portfolio Diversification |
BMA Ch. 8 |
-- |
-- |
| February 17 |
Lecture 10: Markowitz Portfolio Selection Theory |
BMA 9.1 |
Hw 3, due February 24th||Excel File |
Key Hw 3|| Excel files 1, 2 |
| February 19 |
Lecture 11: Capital Asset Pricing Model |
BMA 9.2-9.4 |
-- |
-- |
| February 24 |
Lecture 12: Testing CAPM |
BMA 9.2-9.4 |
-- |
-- |
| February 26 |
Lecture 13: Capital Budgeting and Capital Structure |
BMA Ch. 10 |
-- |
-- |
| March 10 |
Lecture 14: Modigliani-Miller Theorem |
BMA Ch. 18 |
Hw 4, due March 17th|| Excel File |
Key Hw4 |
| March 12 |
Lecture 15: Discounted Cash Flow: Wrap-up and a Practical Guide |
BMA Ch. 19,20 |
-- |
-- |
| March 17 |
PARTIAL EXAM II |
-- |
2008 Partial exam and key |
Key partial II |
| March 19 |
Lecture 16: The Efficient Market Hypothesis |
BMA Ch. 14, paper |
-- |
-- |
| March 24 |
Lecture 17: Payout Policy |
BMA Ch.17 |
-- |
-- |
| March 26 |
Lecture 18: Options |
BMA Ch. 21 |
-- |
-- |
| March 31 |
Lecture 19: Introduction to Option Valuation |
BMA 22.1 |
Hw 5, due April 7th |
Key Hw5 |
| April 7 |
Lecture 20: The Binomial Model and Black-Scholes Formula |
BMA 22.2 |
-- |
-- |
| April 9 |
Lecture 21: Real options |
BMA 22.3-5 |
Homework 6, due April 17th |
 Key Hw6 |
| April 14: Review session |
Lecture 22: |
BMA Ch. 23 |
-- |
-- |
| April 16 |
Lecture 23: Review session |
BMA 22.6, 24.2 |
-- |
-- |
|
Review session |
-- |
-- |
-- |
