The following case studies offer additional exercises in financial concepts. (Files are in Microsoft Word format. Each file is approx. 30KB in size.)

• Minicase 1: Interest Rates, Bond Yields, and Duration
• Minicase 2: Calculating the Gains from Portfolio Diversification
• Minicase 3: The Behaviour of Interest Rates
• Minicase 4: Yield Curve Hypotheses and the Effects of Economic Events
• Minicase 5: Adaptive Expectations, Rational Expectations, Optimal Forecast, January Effect
• Minicase 6: Determining the Effects of Changes in Exchange Rates, Purchasing Power Parity
• Minicase 7: Bank Performance Analysis
• Minicase 8: Calculating and Comparing Gap, Duration, and Risk Management Alternatives

Instructors can find the answers to the case questions in their Instrutcor's Manual