Exam 3 will be worth 100 points.
Exam date:
It will cover chapters 10-11 and 12 (online version) in the textbook, 1-8 in Malkiel.
Makeup of Exam
The exam will have 20-30 multiple choice and 3-5 essay/problems.
Exam Topics
Stock and stock market characteristics
Exchanges
IPOs
Stock market regulation (and SOX)
Stock orders (market, limit,etc..)
Selling short
Buying on margin
Weak-form efficient market theory and how to test it.
Semi-strong-form efficient market theory and how to test it.
Strong-form efficient market theory and how to test it.
CAPM
Discounted Cash Flow (Dividend) Models
Interaction of CAPM and DCF
Firm Foundation Theory
Technical vs Fundamental Analysis
Study Hints
1. Read the Malkiel chapters.
2. Do all in-class problems
3. Read your notes associated with the numerous in-class handouts
Email me with questions.