- Docente: Gian Luca Tassinari
- Credits: 5
- SSD: SECS-P/09
- Language: English
- Teaching Mode: Traditional lectures
- Campus: Forli
- Corso: First cycle degree programme (L) in Economics and business (cod. 9202)
Learning outcomes
The aim of this course is to provide students with a set of analytical and methodological tools and techniques to value the most spread financial assets (bonds and stocks) and to choose which project to pursue among several different investment alternatives. At the end of the course students are be able to: (a) use the main criteria for investment choices under certainty; (b) utilize annuities and depreciation plans tools; (c) formulate and solve basic mathematic problems characterizing the banking and corporate contexts and the financial markets.
Course contents
- Basic concepts: capitalization and discounting, future value and present value, interest and discount. Main financial regimes.
- Annuities and amortization plans.
- Criteria for investment choices under certainty. Internal rate of return (IRR). Net present value (NPV).
- Equities. Dividend discount models.
- Bonds and yield curve. Term structure of interest rates. Spot rates and forward rates. Yield to maturity. Interest rate risk measures.Readings/Bibliography
All the teaching material will be provided by the professor
Teaching methods
Blackboard, slides, pc applications with Excel
Assessment methods
Written exam: exercises
The written exam will include an additional optional question pertaining a financial application with Excel.
Teaching tools
Blackboard and pc
Office hours
See the website of Gian Luca Tassinari
SDGs
This teaching activity contributes to the achievement of the Sustainable Development Goals of the UN 2030 Agenda.