Asset Pricing Theory

4 credits

Many closed-form analytic results in finance are obtained in the continuous-time setting. This course covers portfolio choice, derivative pricing, and term structure modeling in continuous time setting. The objective is to understand important topics and master techniques of continuous-time models. Letter grades only. Students may not receive credit for both MGTF 411 and MGT 286. These are course duplicates. Prerequisites: restricted to master of quantitative finance program or with instructor approval or department approval.