FNCE 4P05 Lecture Notes - Lecture 1: Common Ethanol Fuel Mixtures, Forward Rate, Canadian Dollar
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Black professor notes (from slides or handouts) Purple student notes (referrals, questions, or notes given verbally by professor) Course overview: will post solutions to end-of-chapter problems after covering chapter in class, will do some problems together in class, must buy financial calculator, texas instruments baii, make sure to practice with it before the final. 3 options for after undergrad: job, mba, msc. More specific to a major field of study. Somewhat similar to contracts: demand for a currency, demand for a currency is a function of the demand for foreign goods denominated in that currency. Graphical representation of supply and demand for a currency. If supply of a currency exceeds demand, the value will fall relative to another currency until it reaches a new equilibrium. If demand for a currency exceeds supply, the value will increase relative to another currency until it reaches a new equilibrium.
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