• Syllabus
• Introduction 1/14
• 1/16 Lecture 1
• 1/16 Lecture 2
• Homework 1 Due 1/23. Please type and email me the file on/before 1/23.
• solution for Homework 1 by ella gozali
• solution for Homework 1 by david guild
• 1/21 Uncertainty
• 1/21 Lecture 3
• 1/23 Lecture 4
• 1/23, 1/28 Lecture 5
• 1/23 Risky Assets
• Homework 2 Due 1/30. Please type and email me the file on/before 1/30.
• solution for Homework 2 by ella gozali
• solution for Homework 2 by Nicolas Khouri
• solution for Homework 2 Emmanuel Adorna
• solution for Homework 2 Lexy Kassan
• 1/28 Lecture 6
• Homework 3 Due 2/4. Please type and email me the file on/before 2/4.
• solution for Homework 3
• 1/30, 2/4 Lecture 7
• 2/4  Lecture 8
• Exam 1, 2/6. This a take-home exam. There is no in-class lecture today since you are doing to do the take-home exam. I will post the exam questions on 2/6 before 11:30am. You will send me the answer on/before 11pm on 2/6. Of course, the answers must be typed. You may use Excel if you need to present graphs. You are expected to do the exam by yourself.
• solution for Exam 1 by Nicolas Khouri.
• solution for Exam 1 by David Guild.
• solution for Exam 1 by Matthew Lencsak
• 2/11   Lecture 7, Lecture 9
• CAPM
• CAPM Calculator
• Efficient Frontier
• Campbell Harvey on Optimal Portfolios.
• Understanding Security Market Line
• Freelance Presentation on the CAPM
• Freelance Presentation on Testing the CAPM
• Asset Pricing and Risk Management
• Portfolio Statistics and the CAPM
• Measuring Risk Franklin Allen
• CAPM Franklin Allen
• 2/13   Lecture 9,
•  Lecture 10
• Lecture 11
• Lecture 12
•  Homework 4 Due 2/20. Please type and email me the file on/before 2/20.
• solution for Homework 4 by ella gozali
• solution for Homework 4 by david guild
• Lecture 13
•  Homework 5 Due 2/25. Please type and email me the file on/before 2/25.
• Homework 5 Solution
•  Homework 6 Due 2/27. Please type and email me the file on/before 2/27.
•  Homework 6 Solution
• Lecture 14
• Some useful programs.
• Introduction to Diversification  MPEG file.

• Efficient Frontier MPEG file.

• Risk Aversion and Portfolio Choice MPEG file.

• Optimal Portfolio Choice with a Risk Free Asset: MPEG file.

• Introduction to the CAPM. MPEG file.
• Using and Estimating Beta. MPEG file.
• 2/ 25 Lecture 16
• The CAPM
• Using the CAPM
• Testing the CAPM
• Multi-Factor Models and the APT
• Lecture 17
• Lecture 18
• Exam 2,  This a take-home exam. There is no in-class lecture on 3/6 since you are doing to do the take-home exam. I will post the exam questions on 3/5 You will send me the answer on/before 11pm on 3/6. Of course, the answers must be typed. You may use Excel if you need to present graphs. You are expected to do the exam by yourself.
• solution for Exam 2 by David Guild.
• solution for Exam 2 by ella gozali
• solution for Exam 2 by Nicolas Khouri.
•  Binomial Option Pricing Model
• Lecture
• Option
• The Number and Compound Interest !
• Compound Interest
• 3/18 Lecture 19  1 2 3 4 5 6 7 8
• Homework 7. #1 in 7 above. Due 3/25. Please type and email me the file on/before 3/25.
• solution for Homework 7 by ella gozali
• Homework 8. #2.3 on page 26 in Bjork (1998). lease type and email me the file on/before 3/27.
• 3/20 Lecture 20  1 2 3 4 5 6 7 8
• Homework 9. #4 in 7 above. Due 4/1. Please type and email me the file on/before 4/1..
• lecture notes on elementary probability
• 3/25 Lecture 21  1 2 3 4 5 6 7 8  9 10
• Brownian Motion
• Ito Integral
• Ito Lemma
• Homework 10. #3.1 on page 49 in Bjork (1998). lease type and email me the file on/before 4/8.
• 4/8
• 4/10
• Homework 11. #4.9 on page 67 in Bjork (1998). lease type and email me the file on/before 4/15.
• Exam 3,  This a take-home exam. There is no in-class lecture on 4/24 and 4/29.  You will send me the answer on/before 11pm on 4/24. Of course, the answers must be typed.  You are expected to do the exam by yourself.
• solution for Exam 3 by David Guild.
• solution for Exam 3 by ella gozali