FINC 438B Derivative Securities

438. DERIVATIVE SECURITIES (Credit, 3 Hours). Application of contingent claims analysis to futures, options, swamps, hybrid securities, and options on futures. Topics include futures and options markets, instruments, uses, and prices. Special attention is given to program trading, portfolio insurance, hedging, and duration issues. Prerequisites: FINC 330 and FINC 436.

Credits

3

Prerequisite

FINC 330B FINC 436B