Home | Amazing | Today | Tags | Publishers | Years | Account | Search 
Fundamental Models in Financial Theory

Buy

This book provides an innovative, integrated, and methodical approach to understanding complex financial models, integrating topics usually presented separately into a comprehensive whole. The book brings together financial models and high-level mathematics, reviewing the mathematical background necessary for understanding these models organically and in context. It begins with underlying assumptions and progresses logically through increasingly complex models to operative conclusions. Readers who have mastered the material will gain the tools needed to put theory into practice and incorporate financial models into real-life investment, financial, and business scenarios. Modern finance's most bothersome shortcoming is that the two basic models for building an optimal investment portfolio, Markowitz's mean-variance model and Sharpe and Treynor's Capital Asset Pricing Model (CAPM), fall short when we try to apply them using Excel Solver. This book explores these two models in detail, and for the first time in a textbook the Black-Litterman model for building an optimal portfolio constructed from a small number of assets (developed at Goldman Sachs) is thoroughly presented. The model's integration of personal views and its application using Excel templates are demonstrated. The book also offers innovative presentations of the Modigliani--Miller model and the Consumption-Based Capital Asset Pricing Model (CCAPM). Problems at the end of each chapter invite the reader to put the models into immediate use. Fundamental Models in Financial Theory is suitable for classroom use or as a reference for finance practitioners.

(HTML tags aren't allowed.)

Information Systems Transformation: Architecture-Driven Modernization Case Studies
Information Systems Transformation: Architecture-Driven Modernization Case Studies

Every major enterprise has a significant installed base of existing software systems that reflect the tangled IT architectures that result from decades of patches and failed replacements. Most of these systems were designed to support business architectures that have changed dramatically. At best, these systems hinder agility and...

WebKit For Dummies
WebKit For Dummies

Mobile apps are the rocket fuel powering the growth of the web today.

Everything is going mobile. If you’re starting a web business today without a mobile strategy, or if you have a mobile strategy but it isn’t the center of your business, you’re going to have a hard time gaining any sort of traction.
...
Teach Yourself Visually Photoshop Elements 8
Teach Yourself Visually Photoshop Elements 8

The ultimate guide to the new Photoshop Elements 8 for visual learners

Photoshop Elements is the best-selling consumer digital image-editing software on the market and this book is a must-have for visual learners who are eager to get up and running with all the new and improved features of Photoshop Elements 8.

...


Singularities of the Minimal Model Program (Cambridge Tracts in Mathematics)
Singularities of the Minimal Model Program (Cambridge Tracts in Mathematics)

This book gives a comprehensive treatment of the singularities that appear in the minimal model program and in the moduli problem for varieties. The study of these singularities and the development of Mori's program have been deeply intertwined. Early work on minimal models relied on detailed study of terminal and canonical singularities...

Cold-adapted Yeasts: Biodiversity, Adaptation Strategies and Biotechnological Significance
Cold-adapted Yeasts: Biodiversity, Adaptation Strategies and Biotechnological Significance

Yeasts are a versatile group of eukaryotic microorganisms, exhibiting heterogeneous nutritional profiles and an extraordinary ability to survive in a wide range of natural and man-associated ecosystems, including cold habitats. Cold-adapted yeasts inhabit numerous low-temperature environments where they are subjected to seasonal or permanent...

Globus® Toolkit 4, : Programming Java Services (The Elsevier Series in Grid Computing)
Globus® Toolkit 4, : Programming Java Services (The Elsevier Series in Grid Computing)
Grid computing is an increasingly popular topic, and numerous books have appeared that describe grid applications and technologies. Indeed, we have contributed to this number, via the two editions of “The Grid: Blueprint for a New Computing Infrastructure,” published in 1999 and 2004, respectively, and via the establishment of the...
©2021 LearnIT (support@pdfchm.net) - Privacy Policy