'Arbitrage pricing' diaporamas de présentation

Lecture Presentation Software to accompany Investment Analysis and Portfolio Management Seventh Edition by Frank K. Re

567 views • 39 slides

Call Option Pricing

Call Option Pricing. Using replicating portfolios. Call Options. Call Option, time T Payout Function. Call Option, Net Profit Function. Arbitrage: no riskless profits . Example: Possible stock price movements. Example: Possible call option payouts.

322 views • 15 slides

Chapter 7

Chapter 7. Capital Asset Pricing and Arbitrage Pricing Theory. CAPM: Simplifying Assumptions. Individual investors are price takers Single-period investment horizon Investments are limited to traded financial assets No taxes and no transaction costs

293 views • 11 slides