A demonstration of how to generate an arbitrage-free term structure is included. The second part of the course covers interest rate swap structures, their uses, and pricing. 529 Financial Futures Financial futures offer a market participant a means for hedging against interest rate risk. As interest rate volatility has increased in recent years, the financial futures markets have become a major factor in the financial market spectrum. Emphasis is upon forecasting cash flows and estimating risk.
Case analysis is an integral part of the course technique.
531 Real Estate Finance Analysis of private and public institutions involved in real estate finance. A critical study of institutional arrangements facilitating real estate investment and development. Analysis of techniques of valuation of investment and income-producing properties. Exploration of both basic and innovative approaches to value analysis. Strategy Analysis of alternative strategies available to real estate investors and the implication for investment outcomes.