Set 9 Econ 435 - Financial Economics University of Michigan Winter 2017 Due date: Thursday, March 30 - Friday, March 31. Problem sets must be submitted in your discussion section. Please do the following exercises contained in BDM (Berk, Jonathan & Peter DeMarzo, Corporate finance, Third edition, 2014, Pearson): Chapter 14: Exercises 17, 22, Chapter 15: Exercises 7, 11, 18, 20. 1 qattachments_c801781398e0e231266da25d5f056000b6c386ee GDP Year Price 5.43 1958 4 6.39 1963 5 9.43 1968 6 11.68 1971 8 15.49 1974 10 16.89 1975 13 23.57 1978 15 32.11 1981 20 43.47 1985 22 52.53 1988 25 61.74 1991 29 76.64 1995 32 96.61 1999 33 106.22 2001 34 109.78 2002 37 138.56 2006 39 144.78 2007 41 147.19 2008 42 144.19 2009 44 161.63 2012 45 Page 1