FINC306 Derivatives
Announcements
New Classrooms for Lecture and Tutorials under Alert Level 2!
1. Class meets in BURN1 at 3pm-4:50pm on Thursdays
Office hours: 2pm-2:50pm on Tuesdays and Thursdays
2. Tutorials will start in the second week.
Tutorial session, date/time, Room and Tutor's information are as follows:
T2 Tue 4pm-5:50pm, OBSG19, Pakorn (Beam) Aschakulporn,
beam.aschakulporn@otago.ac.nz
T3 Wed 2pm-3:50pm, RGS2, Pakorn (Beam) Aschakulporn
T4 Wed 4pm-5:50pm, OBSG19, Jungah (Isabella) Yoon
Isabella.yoon@postgrad.otago.ac.nz
3. Class Rep: Amanda Sim, simam337@student.otago.ac.nz
4. Master of Finance information session in OBS2.19/2.20 at 12:30pm on 31 Jul 2020 (Fri).
5. Assignment 1 covers materials of Lectures 1, 2, 3 and 4. You are required to work on it individually. Discussion among classmates is allowed. Please turn in your solution in class on 6 Aug 2020 (Thu). Late turn-in will be heavily discounted. Remember to put your name and student ID on the first page of your manuscript. Please feel free to talk to the tutors during the tutorial sessions if you have any questions regarding Assignment 1.
Result of Assignment 1: Mean = 89.9, Median = 95, SD = 13.8, Max = 100, Min = 41.
Review Questions for midterm exam.
6. Midterm exam covers Lectures 1, 2, 3, 4, 5 and 6. It will be in person in Room BURN1 at 3pm-4:50pm on 20 Aug 2020 (Thu). It is a closed exam. The main purpose of the midterm is to test your understanding of the fundamental concepts and your ability of doing logical reasoning and basic calculations. Please bring your calculator! No restriction on the model of calculator to be used, but no device with communication capability shall be accepted as a calculator.
Course Schedule
Week 1
9 Jul 2020, Lecture 1: Introduction
Review Questions for Lecture 1
Week 2
16 Jul 2020, Lecture 2: Option Strategies and Static Replication
Review Questions for Lecture 2
Week 3
23 Jul 2020, Lecture 3: No-Arbitrage Principle and Forward Price Formula
Review Questions for Lecture 3
Week 4
30 Jul 2020, Lecture 4: The Current Value of a Forward Contract and Futures Trading
Review Questions for Lecture 4
Assignment 1 covers Lectures 1, 2, 3 and 4. It is due in class on 6 Aug 2020.
Week 5
6 Aug 2020, Lecture 5: Forward Rate and Forward Rate Agreements
Review Questions for Lecture 5
Week 6
13 Aug 2020, Lecture 6: Swaps
Review Questions for Lecture 6
Week 7
20 Aug 2020, Midterm exam will be in person in BURN1 at 3pm-4:50pm
Mid-Semester Break
27 Aug 2020, No class