国家开放大学：2008—2009学年第二学期“开放专科”国际经济与贸易专业金融学基础期末试题（7月）

国家开放大学：2008—2009学年第一学期“开放专科”国际经济与贸易专业金融学基础期末试题（1月）

Chapter 12 Contents The process of personal portfolio selection The trade-off between expected return and risk Efficient diversification with many risky assets

Chapter 14: Contents Distinction Between Forward The \Implied\Risk-Free Rate Futures Contracts The Forward Price is nota The Economic Function of Forecast of the Spot Price Futures Markets Forward-Spot Parity with Cash The Role of Speculators Payouts

Chapter 16 Contents Contingent Claims Analysis of Corporate Debt and Equity Convertible bonds Valuing pure State-Contingent Securities

Chapter 4 Contents Compounding Perpetual Annuities Frequency of Compounding Loan Amortization Present Value and Exchange Rates and Time Discounting Value of Money Alternative Discounted Inflation and Discounted Cash Flow Decision Rules Cash Flow Analysis Multiple Cash Flows Taxes and Investment Annuities

Chapter 15 Contents How Options Work Investing with Options The Put-Call Parity Relationship Volatility Option Prices Two-State Option Pricing Dynamic Replication the Binomial Model The Black-Scholes model Implied Volatility

Capital Budgeting Any capital budgeting process consists of three elements: coming up with proposals for investment projects evaluating them -deciding which ones to accept and which to rejec

School of Management About my name About my TA About the course About the requirements 20% assignment class performance 15%mid- term test 65% final test About the book and authors

Chapter 2 Contents What is a Financial Financial Market Rates System Financial Intermediaries The Flow of Funds Financial Infrastructure The Functional and Regulation Perspective Governmental& Quasi- Financial Innovation Governmental the“Invisible Hand