Lecture 1: Course Overview
Lecture 2, 3: Arbitrage, Return and Interest
Lecture 4: Interest (contd.) and loans
Lecture 5: Time Value of Money, Effective interest rate, inflation
Lecture 6: Deterministic cash flow, NPV
Lecture 7: Perpetuities, IRR
Lecture 8: Methods for approximation of IRR
Lecture 9: Bonds, NPV, yield
Lecture 10: Prices of bonds, term structures
Lecture 11: Clean&Dirty Price, spot rates, callable bonds
Lecture 12: YTC, random cash flows, short selling
Lecture 13: Examples calculating weights, returns
Lecture 14: Dynamics of stock prices
Lecture 15: Log returns, Binomial Tree Model
Lecture 16: Binomial Tree (contd.), Risk-neutral probability
Lecture 17: Risk, Analyzing a portfolio of two securities
Lecture 18: Risk of portfolio vs. risk of indiviual securities
Lecture 19: Minimizing Risk
Lecture 20: Portfolio of several securities
Lecture 21: Min. var. portfolio.
Lecture 22: Minimum variance curve
Lecture 23: Two-fund theorem
Lecture 24: Capital Market Line, Beta factor
Lecture 25: Conclusions of CAPM
Lecture 26: Forwards and Futures: Intro
Lecture 27: Forwards price
Lecture 28-29: Futures, marking to market process
Lecture 30: Hedge Ratio, Stock Index
Lecture 31: Stock index futures
Lecture 32: Intro to Options, Put-Call Parity(Eurpoean)
Lecture 33: Problem solving session
Lecture 34: Put-Call Parity (American), Bounds on option prices
Lecture 35: Option Pricing
Lecture 36: Binomial Option Pricing Model
Lecture 37-38: n-step model, Cox-Ross-Rubinstein formula
Lecture 39: American option pricing in the binomial model
Lecture 40: Continuous-time limit in the Binomial model
Lecture 41: Continuous time limit contd.
Lecture 42-43: Black-Scholes formula