course6(financeandinvestments)studynote

《course6(financeandinvestments)studynote》由会员上传分享，免费在线阅读，更多相关内容在学术论文-天天文库。

1、Course6(FinanceandInvestments)StudyNoteTheexaminationforthiscourseconsistsoffivehoursofmultiple-choiceande,15minutesinthemorningsessionand10minutesintheafternoonsession.Thiscourseextendsthecandidate’sknoentsandassetmanagement.Candidatespletingthiscoursee

2、expertiseintheareasofcapitalmarkets,investmentvehicles,applicationsofderivatives,principlesofportfoliomanagementandasset-liabilitymanagement.A“CourseOverviethefolloents.Explaintheriskstoaybeexposed.Evaluatetherelationshipbetentmarkets.Explainthegeneralde

3、signfeaturesandriskcharacteristicsoffixedineandequityinvestments.Evaluatetheriskandreturncharacteristicsofgovernmentandcorporatedebtsecurities.Evaluatetheriskandreturncharacteristicsofrealestatesecurities.EvaluatetheriskandreturncharacteristicsofGuarante

4、edInvestmentContracts(GICs).Identifyhoarketsoperateandexplainthefundamentalprinciplesofmodernportfoliotheory.Explainhoaninvestor’sperspective.Explainthetermstructureofinterestratesincludingtheyieldcurveandpricingoffixedinesecuritiesandspotandforodel(CAPM

5、)anditsapplicationtoportfoliomanagement.DiscussthepropertiesoftheMarkoodel.Evaluatethethreeversionsoftheefficientmarkethypothesisandexplaintheirapplicationtoportfoliomanagement.Discusstheimpactofinvestmentdiversificationuponportfoliomanagement.Explainarb

6、itragepricingtheoryanditsapplicationtoportfoliomanagement.Discusstheimpactofbehavioralfinanceonassetpricesandfinancialmarkets.Determinehoarkets.Evaluatethefeaturesandrisk/returncharacteristicsoffinancialderivativesincludingputandcalloptions,sodels.Applyb

7、inomialoptionpricingtechniques.Determinehoodel.