2009 The Yale Endowment Endowment Highlights Fiscal Year 2009 Market Value (in millions) Return Spending (in millions) Operating Budget Revenues (in millions) Endowment Percentage…

Slide 1Option Valuation CHAPTER 16 Slide 2 16-2 16.1 OPTION VALUATION: INTRODUCTION Slide 3 16-3 Option Values Intrinsic value - profit that could be made if the option was…

Slide 1 Hedging China’s Energy Oil Market Risks Marco Chi Keung Lau Economics Department Zirve University, Turkey June 15, 2011 Slide 2 Chinese Fuel Oil Consumption Growing…

Black and Scholes and Beyond Professor XXXXX Course Name / Number Black-Scholes Call Options Reasoning behind Black and Scholes is similar to that of the binomial model:…

Stock Index Options Chapter 9 Stock Index Option Options on stock indices: S&P 500, S&P 100, and MMI. Features: Cash Settlement: when you exercise, the assigned writer…

Hedging China’s Energy Oil Market Risks Marco Chi Keung Lau Economics Department Zirve University, Turkey June 15, 2011 Chinese Fuel Oil Consumption Growing Oil Demand…

Short-term Hedging with Futures Contracts Supervisor: Professor Moisă Altăr MSc Student Iacob Călina-Andreea The Academy of Economic Studies Bucharest DOFIN - Doctoral…

Black and Scholes and Beyond Professor XXXXX Course Name / Number Black-Scholes Call Options Reasoning behind Black and Scholes is similar to that of the binomial model:…

Trading material

Electronic copy available at: http://ssrn.com/abstract=1872125 1 Active ETFs and their performance vis-à-vis passive ETFs, Mutual Funds and Hedge Funds* Panagiotis Schizas…