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Travis NG |
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A BRIEF DESCRIPTION This
course is designed to introduce students to the theoretical underpinnings
and practical applications of financial economics. Topics covered include:
intertemporal choice, expected utility theory, the Capital Asset Pricing
Model (CAPM), the cost of capital, the use of debt by the firm and dividend
policy, market efficiency, the term structure of interest rates, and option
pricing models. Students will acquire both a broad theoretical understanding
of financial economics and review key empirical tests of the theories
developed. |
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