3.00 Credits
Broad overview of different types of financial derivatives (forwards, futures, options, options on futures, and swaps), while focusing on the principles that determine market prices. To integrate the understanding of these instruments, the discussion emphasizes the relationships among futures, options, and swaps. Emphasizes the application of financial derivatives as risk management tools, not as instruments of speculation. If prerequisite courses are not met department chair approval is required. This class is not available for graduate credit.
Prerequisite:
FIN 312 FOR LEVEL U WITH MIN. GRADE OF D