個案資料
了解個案內容與學習目標，選擇授課教師及使用課程。
The Misadventures of Daring Dave: Leverage and Investment Returns
內容大綱
This case considers the return and liquidity effects of leverage on investment returns for novice investor, Daring Dave, in a single equity security. Through a play-by-play description of Dave's investment experience over a single week, students are introduced to the mechanics of trading on margin, margin calls, and the value of liquidity for risky, levered positions.