Learning Module 2 of Derivatives 5–8% of the exam
Forward Commitment and Contingent Claim Features and Instruments
6 lessons. About 0 minutes in cram mode, 0 minutes in full.
Lessons for this module are being written. The outcomes and lesson plan below are final.
Lessons
- 1 Forwards, Futures, and Swaps
Coming soon
- 2 Futures
Coming soon
- 3 Swaps
Coming soon
- 4 Options
Coming soon
- 5 Credit Derivatives
Coming soon
- 6 Forward Commitments vs. Contingent Claims
Coming soon
What the exam expects you to do
- Define forward contracts, futures contracts, swaps, options (calls and puts), and credit derivatives and compare their basic characteristics.
- Determine the value at expiration and profit from a long or a short position in a call or put option.
- Contrast forward commitments with contingent claims.