Introduces derivatives, their value dependencies, historical evolution, and forward contract payoff structures.
Covers derivatives pricing, replication, and interpretation, including examples of call options, forward contracts, and put options.
Covers financial markets structure, participants, government debt, asset managers, market sizes, derivatives, trading frequencies, orders, and portfolio returns.
Explores factor models in finance, covering mean-variance portfolios, size and value anomalies, and momentum strategies.
Covers the Capital Asset Pricing Model, estimating betas, empirical evidence on returns versus beta, short-sale constraints, and optimal portfolio choice.
