Slide 11 Global versus Local Asset Pricing: A Speculation Based Test of Market Integration Imperial College London October 19, 2010 Harald Hau INSEAD http://www.haraldhau.com…
Slide 1Asset Pricing Slide 2 Pricing Determining a fair value (price) for an investment is an important task. At the beginning of the semester, we dealt with the pricing…
Slide 1 Chapter 9 Asset Pricing Slide 2 Chapter 9 Outline 2 9.1 The Efficient Frontier The role of risk The efficient frontier with risk- free borrowing and lending Risk-free…