《金融风险管理》课程PPT教学课件（Risk Management and Financial Institutions）Chapter 01 Introduction

EfficientFrontierofRiskyInvestments (Figure1.3,page6)EfficientFrontierExpectedReturnInvestmentsS.D. ofReturnRiskManagementandFinancialInstitutions3e,Chapter1,CopyrightJohnC.Hull20126

Efficient Frontier of Risky Investments (Figure 1.3, page 6) Risk Management and Financial Institutions 3e, Chapter 1, Copyright © John C. Hull 2012 6 Efficient Expected Frontier Return S.D. of Return Investments

Efficient Frontier of All Investments(Figure1.4,page6)ExpectedReturnME(RM)IPreviousEfficientFrontierFRFNewEfficientFrontierS.D.ofReturnOM7RiskManagementandFinancialInstitutions3e,Chapter1,CopyrightJohnC.Hull2012

Efficient Frontier of All Investments (Figure 1.4, page 6) Risk Management and Financial Institutions 3e, Chapter 1, Copyright © John C. Hull 2012 7 Expected Return S.D. of Return RF E(RM) M Previous Efficient F Frontier M I J New Efficient Frontier