MATH 194: INTRODUCTION TO THE MATHEMATICS OF FINANCE (WINTER 2001)
HOMEWORK ASSIGNMENTS TO DATE
Homework is due at the beginning of section on the dates indicated.
Numbered exercises are from the text by S. Pliska, third printing, 1999, unless indicated otherwise.

HOMEWORK 1: Due January 16, 2001.
Exercise from Lecture 1. Click here to see the notes for lecture 1 (you will need the free acrobat reader to read the notes -- this can be downloaded by clicking here and following the instructions).

HOMEWORK 2: Due January 23, 2001.
Exercises from Binomial Model notes. Click here to see the problems (you will need the free acrobat reader to read the notes).

HOMEWORK 3: Due January 30, 2001.
Exercises on American options. Click here to see the problems (you will need the free acrobat reader to read the exercises).

HOMEWORK 4: Due February 6, 2001.
Exercises on American options, filtrations, using data to estimate model parameters and estimate option prices. Click here to see the problems (you will need the free acrobat reader to read the exercises).
Please note that the section on February 6, 2001, will meet at 4.40 p.m. in the INTEL lab located in the basement of AP&M (room B349).

HOMEWORK 5: Due February 13, 2001.
Exercises on using the Black-Scholes model.

February 20, 2001
Due to the midterm, there will be no homework due on February 20. The TA will go over the midterm solutions in section on February 20.

HOMEWORK 6: Due February 27, 2001.
A sheet with this homework was handed out in class on February 20, 2001. For a pdf version, click here.

HOMEWORK 7: Due March 6, 2001.
A sheet with this homework was handed out in class. For a pdf version, click here.

HOMEWORK 8: Due March 13, 2001 (last homework assignment for the quarter).
A sheet with this homework was handed out in class on March 6. For a pdf version, click here.

MIDTERM, February 15, 2001
The midterm will cover the material treated in the lectures, notes, reading and related homework up through February 6, 2001. In particular, this includes the in-class lectures; the printed notes available for lecture 1, the binomial model and american contingent claims; the relevant reading from Sections 3.1, 3.3, 3.4, 3.5, 4.1, 4.2, 4.3 of the text; and homework assignments 1-4. Students should bring a blue book, calculator, pens and pencils, their I.D., and may bring one 8.5x11" sheet of paper with writing on one side to the exam. The midterm will be held at the usual class meeting time on Thursday, February 15 in York 3050A and York 3050B (the latter is the regular class room).
FINAL EXAM, Thursday, March 22, 2001, 3-6 p.m.
This exam will be held in Peterson Hall 103.

The final exam will be an overall test of the material covered in the course, with somewhat more emphasis on material covered since the Midterm. However, earlier material will be included on the exam. The material to be tested includes that covered in the lectures, notes, reading and homework.

Students should bring a blue book, calculator, pens and pencils, their I.D., and may bring one 8.5x11" sheet of paper with writing on two sides to the exam.

Professor Williams' office hours for finals week in AP&M 6121.
Monday, March 19, 3-4 p.m.
Wednesday, March 21, 2-3 p.m.