기업재무관리8 [Corporate Finance] Foundation of Finance Topics (4): Portfolio Theory Portfolio Theory, also known as Modern Portfolio Theory (MPT), was developed by Harry Markowitz in the 1950s. It's a fundamental concept in financial economics that deals with the ways in which investors can construct portfolios to maximize expected return based on a given level of market risk. Risk-Return Trade-Off Fundamental Premise: Investors are risk-averse; they prefer a less risky portfol.. 2024. 1. 16. [Corporate Finance] Foundation of Finance Topics (1): Market Structure, Present Value, Yields, Returns 1. Market Structure In finance, market structure refers to the organizational characteristics of a market, including: the number and size of participants (like firms and consumers) the level of competition product differentiation ease of entering and exiting the market Common market structures include: perfect competition monopolistic competition oligopoly monopoly 2. Present Value, Yields & Ret.. 2023. 12. 23. 이전 1 2 다음
