Holiday
TSMC台積309 W7W8
This course examines the convergence of real estate and the capital markets. It is an advanced course in real estate finance and covers the structure, analysis, and valuation of a variety of real estate securities including: residential mortgage backed securities (MBS), collateralized mortgage obligations (CMOs), mortgage servicing rights (MSR), reverse mortgage, and mortgage-related derivatives. Course ob<x>jectives ‧ To present the risks and returns inherent in real estate finance and real estate investments. ‧ To examine residential securitized mortgage markets. ‧ To understand how to value and price highly path-dependent mortgage securities. ‧ To examine the role of Government Sponsored Enterprises in the residential financing system.
Course keywords: real estate, mortgage ●Textbook Book: Real Estate Finance & Investments (16th edition) by William B. Brueggeman and Jeffrey Fisher ●Reference Book: 住宅抵押貸款證券化,林哲群 (2005),財團法人中華民國證券暨期貨市場發展基金會出版。 ●There will be two (three) in-class exams and one cumulative final exam. Each test will count for 30% (20%) of your final grade, and the cumulative final will count for 30% of your final grade. In addition, each student is required to work on the assignment if necessary. It will count for the remaining 10% of your final grade. Grades will be curved if necessary. ●Exam Format: The exams will be a mixture of short answer, quantitative and essay questions. ● You will need some kind of calculator for this class. You will not be allowed to use present value tables in this class. Although not mandatory, I recommend using a financial calculator such as the HP 10-B, HP 12-C, or HP-19B II (Texas Instruments, Sharp and Casio-FC 200 also make inexpensive calculators which are equivalent.) You will be required to solve for yields and internal rates of return, and financial calculators greatly simplify this task. Note that it is your responsibility to pay attention any change made during the class.
MON | TUE | WED | THU | FRI | |
08:00108:50 | |||||
09:00209:50 | |||||
10:10311:00 | |||||
11:10412:00 | |||||
12:10n13:00 | |||||
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14:20615:10 | |||||
15:30716:20 | |||||
16:30817:20 | |||||
17:30918:20 | |||||
18:30a19:20 | |||||
19:30b20:20 | |||||
20:30c21:20 |
Average GPA 3.92
Std. Deviation 0.56
須先於選課系統完成選課,再登入清華磨課師平台修讀。
經濟系,科管院學士班,計財系優先,第3次選課起開放全校修習
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