Core Finance

4 units · Graduate professional courses (400-499)

Lecture, three hours; discussion, one hour. Limited to Master of Applied Economics students. Introduction to core principles of asset valuations. Emphasis on common economic reasoning used in valuation problems. Derivations and study of valuation formulas for three broad asset classes: fixed income securities, equity, and derivatives. Practical applications to investment problems, and relation to current financial news. Letter grading.