11.1 Using Forward & Futures Contracts to Hedge Risks 11.2 Hedging Foreign-Exchange Risk with Swap Contracts 11.3 Hedging Shortfall-Risk by Matching Assets to Liabilities 11.4 Minimizing the Cost of Hedging 11.5 Insuring versus Hedging 11.6 Basic Features of Insurance Contracts 11.7 Financial Guarantees 11.8 Caps & Floors on Interest Rates 11.9 Options as Insurance 11.10 The Diversification Principle 11.11 Insuring a Diversified Portfolio

14.1 Distinction Between Forward & Futures Contracts 14.2 The Economic Function of Futures Markets 14.3 The Role of Speculators 14.4 Relation Between Commodity Spot & Futures Prices 14.5 Extracting Information from Commodity Futures Prices 14.6 Forward-Spot Price Parity for Gold 14.7 Financial Futures 14.8 The “Implied” Riskless Rate 14.9 The Forward Price is not a Forecast of the Spot Price 14.10 Forward-Spot Price- Parity with Cash Payouts 14.11 “Implied” Dividends 14.12 The Foreign-Exchange Parity Relation 14.13 The Role of Expectations in Determining Exchange Rates

13.1 The Capital Asset Pricing Model in Brief 13.2 Determining of the Risk Premium on the Market Portfolio 13.3 Beta and Risk Premiums on Individual Securities 13.4 Using the CAPM in Portfolio Selection 13.5 Valuation & Regulating Rates of Return

 12.1 The process of personal portfolio selection  12.2 The trade-off between expected return and risk  12.3 Efficient diversification with many risky assets

10.1 What is Risk? 10.2 Risk and Economic Decisions 10.3 The Risk-Management Process 10.4 The Three Dimensions of Risk Transfer 10.5 Risk Transfer and Economic Efficiency 10.6 Institutions for Risk Management 10.7 Portfolio Theory: Quantitative Analysis for Optimal Risk Management 10.8 Probability Distributions of Returns 10.9 Standard Deviation as a Measure of Risk

9.1 Reading stock listings 9.2 The discounted dividend model 9.3 Earning and investment opportunity 9.4 A reconsideration of the price/earnings multiple approach 9.5 Does dividend policy affect shareholder wealth?

 8.1 Using Present Value Formulas to Value Known Flows  8.2 The Basic Building Blocks: Pure Discount Bonds  8.3 Coupon Bonds, Current Yield, and Yield-to-Maturity  8.4 Reading Bond Listings  8.5 Why Yields for the same Maturity Differ  8.6 The Behavior of Bond Prices Over Time

 7.1 The relationship between an asset’s value & its price  7.2 Value maximization & financial decisions  7.3 The law of one price & arbitrage  7.4 Arbitrage & the law of one price  7.5 Interest rates & the law of one price  7.6 Exchange rates & triangular arbitrage  7.7 Valuation using comparables  7.8 Valuation Models  7.9 Accounting measures of value  7.10 How information is reflected in security prices  7.11 The efficient markets hypothesis

上海交通大学：《金融学原理 Financial Economics》教学资源（课程讲义PPT）Lecture 06 The Analysis of Investment projects（capital budgeting）

 5.2 Taking Account of Social Security  5.3 Deferring Taxes through Voluntary Retirement Plans  5.4 Should you Invest in a Professional Degree?  5.5 Should you Buy or Rent?