Apply practical derivatives knowledge to truly test your understanding Derivatives Workbook offers practical instruction for students and professionals seeking additional guidance on working with derivatives instruments. Created by CFA Institute as a companion to the comprehensive Derivatives text, this book helps you practice using what you?ve learned through problems that mimic real–world scenarios. Working with different derivatives instruments helps you gauge how well you understand the instruments? characteristics, both shared and unique; this intimate knowledge is essential to effective portfolio management, and this book provides an expertly–designed, low–stakes environment ideal for self–assessment. Derivatives financial instruments that derive their value from the value of some underlying asset have become increasingly important for effective risk management, and fundamental for creating synthetic exposures to asset classes. Whether you?re a student aspiring to a career in finance, or a professional seeking a stronger skill set, this workbook is an invaluable tool for simulating the use of derivatives in everyday practice. Work more effectively with different types of derivative instruments Master the valuation of forward, future, options, and swap contracts Utilize options for risk management and portfolio optimization Explore the practical aspects of working within the derivatives markets As in other security markets, arbitrage and market efficiency play a critical role in derivative pricing. The experts at CFA Institute recognize the need for realistic, practical derivatives training that translates well into real–world practice; this workbook fills the gap with a wealth of practice problems that have value to both aspiring and practicing investment professionals. Derivatives Workbook provides authoritative training and comprehensive practical instruction on derivative instruments, their markets, and valuation. INDICE: PART I .Learning Objectives, Summary Overview, and Problems .CHAPTER 1 .Derivative Markets and Instruments 3 .Learning Outcomes 3 .Summary Overview 3 .Problems 5 .CHAPTER 2 .Basics of Derivatives Pricing and Valuation 7 .Learning Outcomes 7 .Summary Overview 8 .Problems 9 .CHAPTER 3 .Pricing and Valuation of Forward Commitments 13 .Learning Outcomes 13 .Summary Overview 13 .Problems 14 .CHAPTER 4 .Valuation of Contingent Claims 21 .Learning Outcomes 21 .Summary Overview 22 .Problems 24 .CHAPTER 5 .Derivatives Strategies 31 .Learning Outcomes 31 .Summary Overview 31 .Problems 32 .CHAPTER 6 .Risk Management 35 .Learning Outcomes 35 .Summary Overview 36 .Problems 38 .CHAPTER 7 .Risk Management Applications of Forward and Futures Strategies 47 .Learning Outcomes 47 .Summary Overview 47 .Problems 49 .CHAPTER 8 .Risk Management Applications of Option Strategies 53 .Learning Outcomes 53 .Summary Overview 53 .Problems 56 .CHAPTER 9 .Risk Management Applications of Swap Strategies 61 .Learning Outcomes 61 .Summary Overview 61 .Problems 64 .PART II .Solutions .CHAPTER 1 .Derivative Markets and Instruments 75 .Solutions 75 .CHAPTER 2 .Basics of Derivatives Pricing and Valuation 79 .Solutions 79 .CHAPTER 3 .Pricing and Valuation of Forward Commitments 83 .Solutions 83 .CHAPTER 4 .Valuation of Contingent Claims 89 .Solutions 89 .CHAPTER 5 .Derivatives Strategies 93 .Solutions 93 .CHAPTER 6 .Risk Management 95 .Solutions 95 .CHAPTER 7 .Risk Management Applications of Forward and Futures Strategies 101 .Solutions 101 .CHAPTER 8 .Risk Management Applications of Option Strategies 105 .Solutions 105 .CHAPTER 9 .Risk Management Applications of Swap Strategies 111 .Solutions 111
- ISBN: 978-1-119-38183-9
- Editorial: John Wiley & Sons
- Encuadernacion: Rústica
- Páginas: 128
- Fecha Publicación: 26/04/2017
- Nº Volúmenes: 1
- Idioma: Inglés