Email Archive
June 16, 2013
Subject: MATH194_SP13_Bowers: Grades Posted to Ted Date: June 16, 2013 10:14:58 PM PDT Dear Class, Your final exam grades, course grades, and letter grades have all been posted to Ted. The solutions to both the midterm exam and the final exam have also been posted to Ted, under "Content". Thank you all for a great quarter! Sincerely, Doc Bowers
June 5, 2013
Subject: MATH194_SP13_Bowers: Homework 8 Solutions Updated Date: June 5, 2013 6:31:32 PM PDT Dear Class, Oops! It seems that when I was copying the solution to Problem 1 from my notes, I accidentally left out a bit in the middle. I have now updated the solution and it can be found under "Content" in Ted. Sincerely, Doc
June 4, 2013
Subject: MATH194_SP13_Bowers: Final Week Announcements Date: June 4, 2013 8:37:59 AM PDT Dear class, Solutions to all homework assignments (including #8 and #9) have been posted to "Content" in Ted. Our Final Exam will be: 12 Jun 2013 (Wed) 11:30a - 2:30p (in CSB 001 — our usual lecture hall). We will be checking IDs during the exam, so be sure to bring your photo ID. For more information see our class syllabus here: http://www.math.ucsd.edu/~abowers/194/syllabus.html As a reminder, my office hours for today are 12:00-2:00 pm. My office hours for this week and next week can be found here: http://www.math.ucsd.edu/~abowers/office_hours.html Sincerely, Doc Bowers
June 3, 2013
Subject: MATH194_SP13_Bowers: CAPE Over 70% Date: June 3, 2013 9:42:47 AM PDT Dear class, Huzzah! The CAPE response rate has surpasses 70%! This means that everyone will get full credit on Homework 8. (In other words, you do not have to turn it in. You still need to do it, though, because these are the types of questions you can expect to see on the final exam.) Since there are 3 questions on Homework 8, everyone will get 15 out of 15 points. In fact, the scores have already been posted to Ted! Good job, everyone! (Solutions to HWs 8 and 9 are forthcoming.) Sincerely, Doc Bowers
June 1, 2013
Subject: MATH194_SP13_Bowers: Homework 8 posted Date: June 1, 2013 11:25:02 AM PDT Dear class, Homework 8 has finally been posted to "Content" in Ted. (I apologize for the delay. I was experiencing some technical difficulties.) This assignment is scheduled to be due Friday, June 7. If the CAPE response rate reaches 70% (or better) before June 7, then the assignment will not be due, and everyone will automatically get full credit. You can check the CAPE response rate here: http://www.cape.ucsd.edu/responses/current.aspx I have also posted Homework 9. This final homework assignment has only one question, taken from the textbook. (Exercise 2 in Chapter 3.) This assignment has no due date. It is worth zero points and is not to be turned in. Even so, solutions will be posted before the final exam. Sincerely, Doc Bowers
May 29, 2013
Subject: MATH194_SP13_Bowers: CAPEs Date: May 29, 2013 5:33:38 PM PDT Dear class, As you know, the CAPE evaluations are underway. In order to encourage participation in the CAPE process, I will make the following offer: If the CAPE response rate gets to 70% (or above), then I will automatically give everyone full credit for the final homework assignment (the one that is due on the last day of classes). You can check the current CAPE response rate here: http://www.cape.ucsd.edu/responses/current.aspx Good luck! Sincerely, Doc Bowers
May 29, 2013
Subject: MATH194_SP13_Bowers: My Office Hours Date: May 29, 2013 8:08:33 AM PDT Hi everyone, I have posted my office hours for the next two weeks (that is, Week 10 and Final Exams Week): http://www.math.ucsd.edu/~abowers/office_hours.html Please note that I have slightly different office hours next week. I have a faculty meeting on Tuesday at 2:30, so I changed my office hours to 12-2. Sincerely, Doc Bowers
May 20, 2013
Subject: MATH194_SP13_Bowers: Math 194 Homework 7 Date: May 20, 2013 10:21:08 AM PDT Dear class, Homework 7 is now available in Ted. Since next Monday is a holiday, we do not have class that day. Consequently, Homework 7 is due Wednesday, May 29 at noon. There will be one more homework assignment (Homework 8) and that will be due Friday, June 7, the last day of classes. It will be based on the material we cover in class this week. Sincerely, Doc Bowers
May 14, 2013
Subject: MATH 194 - Bowers [SP13]: Homework 6 Typo Date: May 14, 2013 3:38:11 PM PDT Oops! There was a typo in Question 3 on the homework! If Y is independent of F, then E[Y|F] = E[Y] and this is what you need to show. (This was one of the properties we used in class.) I have corrected the problem on the Homework 6 sheet.
May 13, 2013
Subject: MATH194_SP13_Bowers: Homework 6 Posted Date: May 13, 2013 10:48:09 PM PDT Dear Class, Homework #6 has been posted to "Content" in Ted. This assignment is due Monday, May 20. Sincerely, Doc Bowers
May 7, 2013
Subject: MATH194_SP13_Bowers: Homework 5 Posted Date: May 7, 2013 8:39:35 AM PDT Dear Class, Homework #5 has been posted to "Content" in Ted. (In fact, it was posted yesterday, but I forgot to send the announcement.) This assignment is due Monday, May 13. Sincerely, Adam Bowers
May 5, 2013
Subject: MATH 194 - Bowers [SP13]: Midterm Solutions Date: May 5, 2013 12:07:45 AM PDT In an effort to encourage use of the class Piazza page, solutions to the midterm exam have been posted to Piazza: https://piazza.com/class#spring2013/math194/40
May 2, 2013
Subject: MATH194_SP13_Bowers: Homework 4 Comments (continued) Date: May 2, 2013 3:30:14 PM PDT And if you have any questions, please ask them in Piazza! In Piazza I can answer your questions using math symbols instead of just text. Here is the URL: https://piazza.com/class#spring2013/math194 Sincerely, Doc Bowers
May 2, 2013
Subject: MATH194_SP13_Bowers: Homework 4 Comments Date: May 2, 2013 3:27:17 PM PDT Dear Class, I thought it might be a good idea to say a few things about the problems from Homework 4. In each of the problems, you are asked in Part (a) to compute the manufacturing cost of the contingent claim X. You can do this in two ways: 1. You can use the Manufacturing Cost Lemma, but please be aware that E*[X*] has a slightly different interpretation in this case, because there are now TWO periods instead of one. That means that X*=X/B_2 = X/(1+r)^2. Also, X can take on more than two values in the two-period case, so you need to make sure you find all of the possible values and the probabilities for each. Remember that p*=P*(stock goes up). You will need that to compute the probabilities. 2. You can also compute the manufacturing cost for X by first finding the replicating strategy phi* and then computing V_0(phi*). You actually have to find phi* in Part (b), anyway, so this is actually what I was expecting you would do.
April 27, 2013
Subject: MATH194_SP13_Bowers: HW4 and Midterm Exam Information Date: April 27, 2013 7:39:53 PM PDT Dear class, Homework #4 has been posted to "Content" in Ted. This assignment is due Monday, May 6. Our midterm exam is Friday, May 3. It will include material covered in lecture up to and including Friday, April 26. That means you need to know everything up to and including the theorem stating that the unique arbitrage cost process for a European contingent claim in the T-period binomial model is given by the value of the replicating strategy at all times t. The exam will be similar in style and content to the homework problems, but will not be the same questions. Sincerely, Doc Bowers
April 22, 2013
Subject: MATH194_SP13_Bowers: Homework 3 Posted Date: April 22, 2013 5:33:09 PM PDT Dear Class, Homework #3 has been posted to "Content" in Ted. This assignment is due Monday, April 29. Sincerely, Doc Bowers
April 15, 2013
Subject: MATH194_SP13_Bowers: Homework 2 Posted Date: April 15, 2013 4:56:53 PM PDT Dear Class, Homework #2 has been posted to "Content" in Ted. This assignment is due Monday, April 22. Sincerely, Doc Bowers
April 8, 2013
Subject: MATH194_SP13_Bowers: Homework 1 (correction) Date: April 8, 2013 10:07:51 AM PDT There was a typo in Question 3. The probabilities should be 4/7 and 3/7, respectively. The error has been fixed on the downloadable file.
April 8, 2013
Subject: MATH 194 - Bowers [SP13]: Homework 1 Posted Date: April 8, 2013 9:23:15 AM PDT Homework #1 has been posted to "Content" in Ted. This assignment is due Monday, April 15.
April 2, 2013
Subject: Math 194 Webpage Date: April 2, 2013 9:02:17 AM PDT Dear Math 194 Class, Here is the link to the Math 194 class webpage: http://www.math.ucsd.edu/~abowers/194/index.html You can find the syllabus there. Also, there is a link to Piazza, which is an online discussion forum we will be using this quarter. Make sure you register for the class on Piazza if you want to discuss the course. It is a much better way to communicate with me than email. (We can actually use math symbols in Piazza!) I forgot to talk about homework in class yesterday. Usually, we will have one homework assignment per week. (But not this week.) I will generally give you a list of problems on Monday and it will be due on the following Monday in your TA's homework dropbox in the basement of AP&M before class. Your first assignment will be given to you next Monday. I will post it online. Sincerely, Doc Bowers