Microsoft PowerPoint - PoF.ppt

Overviewƒ 15

Important stock markets

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Types of stocks

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Types of trades

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Computing returns

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Empirical features of returns

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Additional literature

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Haugen, R. A.,

Modern Investment Theory

, 5th edition, 2001. Relevant

chapter: 2.

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Grinblatt, M. and Titman, S.,

Financial Markets and Corporate Strategy

, 2nd

edition, 2002. Relevant chapter: 4.

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Bleymüller, J., Gehlert, G., and Gülicher, H.,

Statistik im Studium der

Wirtschaftswissenschaften

, 10th edition, 1996. Relevant chapters: 3 and

15.

Single-period random cash flows: Stocks