Derivatives & Risk Management

Catalog description

Derivatives and Risk Management (3) Analysis of debt and equity-based futures and options contracts and their underlying cash market instruments. Advanced topics include characteristics of derivative instruments markets; pricing of derivative instruments; speculative, hedging, and arbitrage uses of derivative instruments and risk-return tradeoffs in speculation and hedging. This course introduces coverage of currency futures and options. Crosslist: FIN-465. Prerequisite: FIN-672.