Ayudantia 2 24-09-2013. Capitulo 6 Luenberger Problema 6,1.

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Transcripción de la presentación:

Ayudantia

Capitulo 6 Luenberger Problema 6,1

Solución Problema 6,1

Capitulo 6 Luenberger Problema 6,4

Algunos Conceptos

Solución Problema 6,4

Capitulo 6 Luenberger Problema 6,3

Solución Problema 6,3

Capitulo 7 Luenberger Problema 7,1

Algunos Conceptos

Solución Problema 7,1

Capitulo 7 Luenberger Problema 7,6

Solución Problema 7,6 Ver Excel que esta en el ublog para el desarrollo

Capitulo 6 BKM Problema 6,4

Solución Problema 6,4 ▪a.The expected cash flow is: (0.5 × $70,000) + (0.5 × 200,000) = $135,000 ▪With a risk premium of 8% over the risk-free rate of 6%, the required rate of return is 14%. Therefore, the present value of the portfolio is: ▪$135,000/1.14 = $118,421 ▪b.If the portfolio is purchased for $118,421, and provides an expected cash inflow of $135,000, then the expected rate of return [E(r)] is as follows: ▪$118,421 × [1 + E(r)] = $135,000 ▪Therefore, E(r) = 14%. The portfolio price is set to equate the expected rate of return with the required rate of return.

Solución Problema 6,4 ▪c.If the risk premium over T-bills is now 12%, then the required return is: ▪6% + 12% = 18% ▪The present value of the portfolio is now: ▪$135,000/1.18 = $114,407 ▪d.For a given expected cash flow, portfolios that command greater risk premia must sell at lower prices. The extra discount from expected value is a penalty for risk.

Capitulo 6 BKM Problema 6,13 y 6,14

Solución Problema 6,13 y 6,14

Capitulo 6 BKM Problema 6,15

Capitulo 6 BKM Problema 6,16

Capitulo 6 BKM Problema 6,17

Solución problema 6,17

Capitulo 6 BKM Problema 6,27

Solución Problema 6,27

Otros Problemas (Luenberger 6,5)

Solución Problema 6,5