JOURNAL OF ACCOUNTING AND FINANCE
An Internet Connected Financial Calculator
Author(s): Yuxing Yan
Citation: Yuxing Yan, (2012) "An Internet Connected Financial Calculator," Journal of Accounting and Finance, Vol. 12, Iss. 5, pp. 59 - 70
Article Type: Research paper
Publisher: North American Business Press
Abstract:
When discussing the meaning of β, I hope that I could punch a few keys on my calculator to show students IBM’s β in 2010. When explaining the Sharpe ratio, I dream that my calculator could download the DELL’s returns and a risk-free rate. In this paper, I demonstrate how to accomplish these tasks by calling a set of R programs. For instance, typing Beta (“IBM”, 2010) will offer IBM’s β in 2010. Mastering R is not easy. Fortunately, teaching how to call prewritten R programs is much easier than teaching students how to use an ordinary financial calculator.