What are the Market Efficient Hypothesis Theory and Behaviour Finance respectively? Explain Why do duration match have
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What are the Market Efficient Hypothesis Theory and Behaviour Finance respectively? Explain
Why do duration match have better immunization effect on interest rate risk than that of maturity match?
What is a "fair game"? Is a game in casino (as the roulette showed in lecture 3) a fair game? Is an investment in risk-free asset a fair game? Is an investment in stocks a fair game? Explain why yes or not.
What are Security Characteristic Line (SCL), Capital Market Line (CML) and Securities Market Line (SML)? Write down the model of each line and explain each of them explicitly.
Related Book For
Introduction to Corporate Finance What Companies Do
ISBN: 978-1111222284
3rd edition
Authors: John Graham, Scott Smart
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