Assignments   

Homework assignments are distributed throughout the semester with solutions available on the course website. You are not required to turn in these problems. Note, however, that the assignments are indicative of the problems you will see on an exam. Hence, failure to understand the homework assignment could jeopardize your performance at exam time.

Time Value of Money

  1. Problem Set 1

  2. Solutions 1

Price and Yield

  1. Problem Set 2

  2. Solutions 2

Duration, Convexity, and Interest-Rate Volatility

  1. Problem Set 3

  2. Solutions 3

Spot and Forward Rates

  1. Problem Set 4

  2. Solutions 4

Repos

  1. Problem Set 5

  2. Solutions 5

Swaps

  1. Problem Set 6

  2. Solutions 6

Embedded Options and Optionalities

  1. Problem Set 7

  2. Solutions 7

Securitization and Default

  1. Problem Set 8

  2. Solutions 8