Futures I. Introduction to Derivatives Prof. Domenico Cuoco Term 5‚ 2013 What is a Derivative? Basic Types of Derivatives The Market for Derivatives Outline 1 What is a Derivative? 2 Basic Types of Derivatives 3 The Market for Derivatives Options & Futures‚ Prof. Domenico Cuoco‚ 2013 I. Introduction to Derivatives 2 What is a Derivative? Basic Types of Derivatives The Market for Derivatives What is a Derivative? Derivatives and Contingent Claims
Premium Futures contract Derivatives Derivative
Learning Curve Richard Pereira September 2003 2 Asset swaps Asset swaps combine an interest-rate swap with a bond and are seen as both cash market instruments and also as credit derivatives. They are used to alter the cash flow profile of a bond. The asset swap market is an important segment of the credit derivatives market since it explicitly sets out the price of credit as a spread over Libor. Pricing a bond by reference to Libor is commonly used and the spread over Libor is a measure of credit
Premium Derivative Finance Bond
LECTURE 4 Investment under uncertainty‚ real options Derivatives valuation approach. Example: Copper mine Strategic options. Examples: Copper mine with shutdown option Valuing Vacant Land Valuation of an option to delay Ratio comparison approach Additional Definitions ECOM051 Business Finance‚ Lecture 4 (Dr Giles Spungin‚ G.Spungin@qmul.ac.uk‚ www.excalibur24.com‚ QMUL©2010-11) 1 Discounted cash flow methods ignore opportunities (strategic options
Premium Futures contract Derivative
AP® Calculus BC 2012 Free-Response Questions About the College Board The College Board is a mission-driven not-for-profit organization that connects students to college success and opportunity. Founded in 1900‚ the College Board was created to expand access to higher education. Today‚ the membership association is made up of more than 5‚900 of the world’s leading educational institutions and is dedicated to promoting excellence and equity in education. Each year‚ the College Board helps more than
Premium Derivative Function
EXC3613 Risk Management with derivatives Geir Høidal Bjønnes geir.bjonnes@bi.no 1 Introduction • Learning objectives: 1. 2. 3. 4. What is a derivative? What is the role of Derivatives and Derivatives Markets Firms’ risk exposures Hedging price risk with derivatives • McDonald: Chapter 1 2 Example • Consider a farmer that grows wheat and is expecting to yield 10‚000 bushels of crop in 3 months. He is afraid that the price of wheat might drop at the period
Premium Futures contract Derivative Option
An Educational Initiative by SEBI Curriculum NISM-Series-VIII: Equity Derivatives Certification Examination VIII: I. Basics of Derivatives A. Basics of derivatives B. Evolution of derivatives m market C. Indian derivatives Market erivatives D. Market participants E. Types of derivatives market erivatives markets F. Significance of derivatives erivatives G. Various risk faced by the participants in derivatives II. Understanding Index A. Introduction to Index B. Significance and economic
Premium Futures contract Derivative Derivatives
JEE (Main) 2013 Analysis JEE (Main) 2013 A Detailed Analysis by Resonance OVERALL MARKS DISTRIBUTION Corporate Address: CG Tower‚ A-46/A-52 Jhalawar Road‚ Near City Mall‚ Kota 324005 (Rajasthan) Phone: 0744-319222 | Email: contact@resonance.ac.in | Website: www.resonance.ac.in | WAPSite: m.resonance.ac.in JEE (Main) 2013 Analysis OVERALL DIFFICULTY LEVEL ANALYSIS Difficulty Level Overall 1.83 Physics Mathematics Chemistry 2.10 1.63 1.77 Corporate
Premium Physics Calculus Chemistry
Calculus is the mathematical study of change‚[1] in the same way that geometry is the study of shape and algebra is the study of operations and their application to solving equations. It has two major branches‚ differential calculus (concerning rates of change and slopes of curves)‚ and integral calculus (concerning accumulation of quantities and the areas under curves); these two branches are related to each other by the fundamental theorem of calculus. Both branches make use of the fundamental
Premium Derivative Calculus
n calculus‚ Rolle’s theorem essentially states that a differentiable function which attains equal values at two distinct points must have a point somewhere between them where the first derivative (the slope of the tangent line to the graph of the function) is zero. ------------------------------------------------- Standard version of the theorem [edit] If a real-valued function f is continuous on a closed interval [a‚ b]‚ differentiable on the open interval (a‚ b)‚ and f(a) = f(b)‚ then there
Premium Calculus Derivative Function
= 717.25% ≈ 717% (3sf) OTHER STANDARD TAYLOR SERIES EXPANSIONS FOR DIFFERENT FUNCTIONS 1. Logarithmic Functions 2. Hyperbolic Functions NON STANDARD TAYLOR SERIES EXPANSIONS It is easy to take derivatives of Taylor series: Just take the
Premium Derivative Calculus