'Variance frontier' diaporamas de présentation

Portfolio Concepts

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Derivation of the Expected Value-Variance Frontier without a Risk-free Asset

Derivation of the Expected Value-Variance Frontier without a Risk-free Asset. Lecture X. Mathematical derivation without a Risk-free asset. General Formulation. Mean-variance frontier without a risk-free asset:. Lagrange Formulation. Looking at the constraints.

346 views • 21 slides

Chapter 7 Implications of Existence and Equivalence Theorems

Chapter 7 Implications of Existence and Equivalence Theorems. Main Points. The existence of a discount factor means that is innocuous , and all content flows from the discount factor model.

257 views • 13 slides