Areas to be covered in the report 1. Difficulties and challenges encountered in this course. 2. Application of the financial concepts you learnt (e.g. CAPM) in daily lives. 3. "How to allocate limited resources to their best use is the very first and fundamental principle that you guys learn in a first course in both economics and finance." Explain how the concepts and techniques covered in the various topics in this course can help address the issue. [Hint: Think about how NPV, as an investment decision rule, addresses the efficient allocation of limited resources problem. Specifically, why an investment project being "profit-making" may still be value- destroying and result in misallocation of resources?] Submission format and requirements 1. The report should address all the three above issues. The grade given will depend on how well the ideas are thought out and presented. 2. Word limit: 600-800 words. Please provide a word count at the end of the report