EF 5052    Douglas S. Rolph        Semester B, 2008-2009

Section:      

EF 5052-S01    WED     14:30  -  17:20     P-4910           Syllabus           Class Schedule 

 (Last revised 14 January, 2009)

The class schedule may change;  check here for the most recent version.

Office Hours:   WEDS:         17:30 - 19:20  

                            THURS:       16:30 - 18:20

                            or by appointment ( email  me )

Office:        P7428

Email:        drolph@cityu.edu.hk

 Research             Links         Contact


 

Overview

Link:  Hong Kong Monetary Authority Central Moneymarkets Unit

 

Markets and Mutual Funds

Link:  Morningstar Hong Kong

Link:  MSCI Barra:  International Stock Indices

File:   Risk and Average Returns:  Hong Kong and Other Markets

File:  Case 1 Example

 

Retirement Planning and Asset Allocation

File:  Capital Allocation Line Example

File:  Correlations:  Hong Kong and Other Markets

 

Risk and Expected Return; Diversification

Link:  Campbell Harvey's Mean-Standard Deviation Analysis Program

File:  Examples of Risk and Expected Returns: Two assets

File:  Examples of Risk and Expected Returns: Three assets

File:  Case 2 Dataset

 

CAPM

Link:  Damodaran's website (look under "updated data" for industry betas)

 

The Index Model

Link:  What Determines Chinese Stock Returns?

File:    Index Model Examples

 

Trading on Information

Link:  Federal Reserve:  Probability of Monetary Policy Change

 


Suggested homework problems

Note:  Chapter numbers do not change between 7th and 8th editions, page numbers do change.

8th Edition

7th Edition

6th Edition

Ch.         Problems

2            5,6,11

              Homework solutions

Pages:  24-45

Ch.         Problems

2            2, 4, 7

              Homework solutions

Pages:  26-47

              Problems

2            2, 4, 7

              Homework solutions

Pages:  32-54

3            3,4,11,12

              Homework solutions

Pages:  58-63,71-77

3            2,9,10,16

              Homework solutions

Pages:  62-68, 76-82

3            2, 11, 13, 14

              Homework solutions

Pages:  71-74, 86-94

4            3,5,7,10,17-18

              Homework solutions

Pages:  88-105

 

4            3, 5, 7, 10, 17, 20

              Homework solutions

Pages:  95-114

 

4            2, 4, 7, 10, 17, 19

              Homework solutions

Pages:  108-128

 

5            13;CFA problems: 3-5

              Homework solutions

Pages:  114-115,118-141

 

5            9, 13-15

              Homework solutions

Pages:  124-125,128-151

 

5            8, 13-15

              Homework solutions

Pages:  138-139, 142-151, 154-155

 

6            4,10,13-18,21,26-27

              CFA problems: 1-2

              Homework solutions

Pages:  157-160,165-178

 

6            3-4, 11, 14, 19-24, 26-27, 31

              Homework solutions

Pages:  166-169, 175-188

 

6            1, 7, 8, 10

              Homework solutions

Pages:  166-171, 173-178

 

7            4-9;CFA problems: 1-2,12

              Homework solutions

Pages:  194-218

 

7            9-14, 20-21, 26

              Homework solutions

Pages:  206-231

 

7            1-6, 9, 13

              Homework solutions

Pages:  198-206, 210-213

 

8            6-7,9-14

              Homework solutions

Pages:  244-265

 

8            1, 9-14, 7

              Homework solutions

Pages:  257-279

 

8            1-8, 15, 16, 31

              Homework solutions

Pages:  224-255

 

9            6-7,10-11;

              CFA problems: 8-9,10,12

              Homework solutions

Pages:  279-300

 

9            9-10, 13-14, 20-22, 31

              Homework solutions

Pages:  294-313

 

9            6, 7, 9, 10, 18 a-c, 26-28, 31

              Homework solutions

Pages:  282-292

 

10          5-6,11;CFA problems: 1-2

              Homework solutions

Pages:  319-334,337

 

10          2-3,8-9,17

              Homework solutions

Pages:  332-345, 348-349

 

10          2, 3, 5-10

              Homework solutions

Pages:  318-330,333

 

11          1,3,6,10;CFA problems: 2

              Homework solutions

Pages:  344-353,359-374

 

11          3-5, 12, 13

              Homework solutions

Pages:  356-366,371-385

 

11          3-5, 12, 13

              Homework solutions

Pages:  344-353,356-358,361-362

 

12         Pages:  384-390

 

 

 

12         Pages:  396-402

 

 

 

12          6, 8-9, 16-17

              Homework solutions

Pages:  370-381,386-396

 

15          4;CFA problems: 1-2,4

              Homework solutions

              Concept Check Q:  5-8  

Pages: 484-501

 

15          2, 4, 6, 8

              Homework solutions

              Concept Check Q:  5-8  

Pages: 495-514

 

15          1-2, 6, 8

              Homework solutions

              Concept Check Q:  4-7   

Pages: 488-503

 

16         3-6;CFA problems: 2

              Homework solutions

Pages: 512-522

 

16          1-4,6a-e,h

              Homework solutions

Pages: 524-534

 

16          1-4,8a-e,h

              Homework solutions

Pages: 520-530

 

18          Concept Check Q:  1-2  

Pages: 586-595

 

18          Concept Check Q:  1-2  

Pages: 603-616

 

18          Concept Check Q:  1-2  

Pages: 606-618

 

24         4,7;CFA problems: 4-6

              Homework solutions

              Concept Check Q:  1, 3   

Pages: 823-826,828-829,831-832

24          2, 4, 20-21, 25

              Homework solutions

              Concept Check Q:  1, 3   

Pages: 851-854, 856-857, 859-861

24          4-5, 15-17

              Homework solutions

              Concept Check Q:  2-3   

Pages: 863-865,866-868,871-874