Markets: A Rigorous Course

Problem sets

Problems

Every problem in the course. Solutions sit behind a deliberate step on each problem page.

to difficulty Check numeric answers checked on the page

M01 Market structure, microstructure and costs 18

  1. P1 Crossing of smooth schedules ★
  2. P2 An auction with ties ★★ Check
  3. P3 The residual book is not crossed ★★
  4. P4 Cost arithmetic ★ Check
  5. P5 Short-side break-even ★★ Check
  6. P6 Two brokerage regimes ★★ Check
  7. P7 Option costs ★★ Check
  8. P8 The 2026 STT increase and a futures scalper ★★ Check
  9. P9 Capital gains ★ Check
  10. P10 Set-off ★★
  11. P11 Index return identity over a basket change ★★
  12. P12 Rights issue and the divisor ★★ Check
  13. P13 Adjusting a series for rights ★★ Check
  14. P14 Dividend adjustment conventions ★★★
  15. P15 Total return index ★★ Check
  16. P16 Reading the SEBI FY26 study ★★ Check
  17. P17 DvP and the 1992 scam ★★★
  18. P18 Circuit breakers ★ Check

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