|
Date |
Lecture & Section |
Change or Addition |
|
1/18/97 |
Section 0.6 |
The formula has been fixed. The interest rate should have been divided
by m rather than n and the exponent should have been n
rather than t (though in the example, t = n). |
|
1/18/97 |
Section 0.12 |
The interest rate should have been 6%, not 5% |
|
1/18/97 |
Section 1.17 |
The 5th formula has been fixed. The brackets weren't right, and there was an extra "B" floating around. |
|
1/23/97 |
Section 1.17 |
The sign has been fixed on the modified duration calculation to read: Modified Duration = Duration / (1+i) |
|
1/23/97 |
Lecture 1 |
References to coupons compounding semiannually have been changed to indicate that coupons are paid semiannually. |
|
1/23/97 |
Lecture 1 |
Add Web page with Professor Maug's notes on duration. Page replicates note in the course pack. Link from hypersyllabus or topics. |
|
1/23/97 |
Lecture 2 |
Add Web page with Professor Maug's notes on dividend growth model. Page replicates note in the course pack. Link from hypersyllabus or topics. |
|
1/24/97 |
Assignment 3 |
Added Assignment 3 to Web Pages. |
|
1/25/97 |
1.17 |
Formulas in box entitled Wall Street Conventions have been fixed and clarified. |
|
1/25/97 |
1.13 |
In text below the table, the price was 10 cents off. This has been corrected. |
|
1/25/97 |
1.20 |
The % change for bond B has been corrected. |
|
1/25/97 |
1.19 |
The first row of the table was missing. It is now included. |
|
2/10/97 |
4.5 |
Correct sign of borrowing |
|
2/10/97 |
4.6 |
Correct sign of borrowing and exponent |
|
2/10/97 |
4.15 |
Change "23,000" to "22,000" |
|
2/10/97 |
5.44 |
Fix subscript of "x2" in Black-Scholes formula. |
|
2/10/97 |
4.8 |
In formula, 0.8 is a % not a $. |
|
2/15/97 |
5.24-5.31, |
These sections used "X" to denote strike price. "x" was changed to "k" to be consistent with the rest of the lecture. Both notations are commonly used. |
|
2/16/97 |
4.13 |
Made it clear that the price of Greasy Wool is in cents. |
|
2/16/97 |
4.19 |
Added missing "<" after "F = 300" Changed "295" to "192.59" |
|
2/16/97 |
4.23 |
Cents were transposed. Changed "95.86" to "95.68" |
| 2/16/97 |
5.51 |
Strike price is 0.66, not 0.80 |
|
2/27/97 |
Lecture 7 |
Added new Java program for two asset efficient frontier. |
|
3/1/97 |
7.11, 7.12, 7.24 |
Covariance is not squared. |
|
4/1/97 |
1.17 |
Elasticity should be divided by R, not i. |
|
4/1/91 |
1.19 |
Total PV of bond was under the wrong column. |