This unit explores the principles, theory and techniques of asset pricing. The first half of the unit focuses on portfolio analysis and multifactor models applicable to problems in investment analysis and asset allocation. The second half of the unit focuses on pricing techniques driven by arbitrage arguments. Arbitrage or relative pricing arguments underpin powerful, robust methods for pricing derivative securities. Upon successful completion of this unit students will: understand the economic arguments underlying important asset pricing models; be able to apply the models to practical problems; and have developed an awareness of the need to consider the limitations of models and... -- Course Website
Instructor: Finance staff
Prerequisites: 6cp at 200 level including (ACCG252 or AFIN252)
