Derivatives Workbook

Hands-on practice with derivatives and derivative markets based on real-world scenarios
 
Derivatives Workbook provides the key component of effective learning--practice. Designed for both students and investment professionals, this companion workbook conveniently aligns with the Derivatives text chapter-by-chapter, offers brief chapter summaries to refresh your memory on key points before you begin working, and explicitly lays out the learning objectives so you understand the "why" of each problem. This workbook helps you:
* Synthesize essential material from the Derivatives text using real-world applications
* Understand the different types of derivatives and their characteristics
* Delve into the various markets and their associated contracts
* Examine the role of derivatives in portfolio management
* Learn why derivatives are increasingly fundamental to risk management
 
CFA Institute is the world's premier association for investment professionals, and the governing body for CFA(r) Program, CIPM(r) Program, CFA Institute ESG Investing Certificate, and Investment Foundations(r) Program. Those seeking a deeper understanding of the markets, mechanisms, and use of derivatives will value the level of expertise CFA Institute brings to the discussion as well as the extra practice delivered in Derivatives Workbook based on real scenarios investors face every day.

Inhaltsverzeichnis

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 Derivative Pricing and Valuation 11
 
Learning Outcomes 11
 
Summary Overview 12
 
Problems 13
 
Chapter 3 Pricing and Valuation of Forward Commitments 19
 
Learning Outcomes 19
 
Summary Overview 19
 
Problems 22
 
Chapter 4 Valuation of Contingent Claims 31
 
Learning Outcomes 31
 
Summary Overview 32
 
Problems 34
 
Chapter 5 Credit Default Swaps 41
 
Learning Outcomes 41
 
Summary Overview 41
 
Problems 42
 
Chapter 6 Introduction to Commodities and Commodity Derivatives 47
 
Learning Outcomes 47
 
Summary Overview 47
 
Problems 49
 
Chapter 7 Currency Management: An Introduction 55
 
Learning Outcomes 55
 
Summary Overview 55
 
Problems 58
 
Chapter 8 Options Strategies 69
 
Learning Outcomes 69
 
Summary Overview 70
 
Problems 71
 
Chapter 9 Swaps, Forwards, and Futures Strategies 79
 
Learning Outcomes 79
 
Summary Overview 79
 
Problems 80
 
Chapter 10 Introduction to Risk Management 89
 
Learning Outcomes 89
 
Summary Overview 89
 
Problems 91
 
Chapter 11 Measuring and Managing Market Risk 93
 
Learning Outcomes 93
 
Summary Overview 94
 
Problems 96
 
Chapter 12 Risk Management for Individuals 105
 
Learning Outcomes 105
 
Summary Overview 106
 
Problems 107
 
Chapter 13 Case Study in Risk Management: Private Wealth 115
 
Learning Outcomes 115
 
Summary Overview 115
 
Problems 116
 
Chapter 14 Integrated Cases in Risk Management: Institutional 119
 
Learning Outcomes 119
 
PART II SOLUTIONS
 
Chapter 1 Derivative Markets and Instruments 123
 
Solutions 123
 
Chapter 2 Basics of Derivative Pricing and Valuation 133
 
Solutions 133
 
Chapter 3 Pricing and Valuation of Forward Commitments 139
 
Solutions 139
 
Chapter 4 Valuation of Contingent Claims 149
 
Solutions 149
 
Chapter 5 Credit Default Swaps 153
 
Solutions 153
 
Chapter 6 Introduction to Commodities and Commodity Derivatives 157
 
Solutions 157
 
Chapter 7 Currency Management: An Introduction 161
 
Solutions 161
 
Chapter 8 Options Strategies 175
 
Solutions 175
 
Chapter 9 Swaps, Forwards, and Futures Strategies 181
 
Solutions 181
 
Chapter 10 Introduction to Risk Management 189
 
Solutions 189
 
Chapter 11 Measuring and Managing Market Risk 191
 
Solutions 191
 
Chapter 12 Risk Management for Individuals 197
 
Solutions 197
 
Chapter 13 Case Study in Risk Management: Private Wealth 203
 
Solutions 203

Über den Autor / die Autorin

CFA Institute is the global association of investment professionals that sets the standard for professional excellence and credentials. The organization is a champion for ethical behavior in investment markets and a respected source of knowledge in the global financial community. The end goal: to create an environment where investors' interests come first, markets function at their best, and economies grow. CFA Institute has more than 170,000 members in 160+ countries and territories, including 163,000 CFA®; charterholders, and 150+ member societies. For more information, visit www.cfainstitute.org.

Zusammenfassung

Hands-on practice with derivatives and derivative markets based on real-world scenarios

Derivatives Workbook provides the key component of effective learning--practice. Designed for both students and investment professionals, this companion workbook conveniently aligns with the Derivatives text chapter-by-chapter, offers brief chapter summaries to refresh your memory on key points before you begin working, and explicitly lays out the learning objectives so you understand the "why" of each problem. This workbook helps you:
* Synthesize essential material from the Derivatives text using real-world applications
* Understand the different types of derivatives and their characteristics
* Delve into the various markets and their associated contracts
* Examine the role of derivatives in portfolio management
* Learn why derivatives are increasingly fundamental to risk management

CFA Institute is the world's premier association for investment professionals, and the governing body for CFA(r) Program, CIPM(r) Program, CFA Institute ESG Investing Certificate, and Investment Foundations(r) Program. Those seeking a deeper understanding of the markets, mechanisms, and use of derivatives will value the level of expertise CFA Institute brings to the discussion as well as the extra practice delivered in Derivatives Workbook based on real scenarios investors face every day.

Produktdetails

• Autoren: Cfa Institute, Pirie, Wendy L. Pirie, Wl Pirie
• Verlag: Wiley, John and Sons Ltd
• Sprache: Englisch
• Produktform: Taschenbuch
• Erschienen: 30.11.2021
• EAN: 9781119853275
• ISBN: 978-1-119-85327-5
• Seiten: 224
• Serien: CFA Institute Investment Series; The CFA Institute Series
• Themen: Sachbuch > Politik, Gesellschaft, Wirtschaft > Geld, Bank, Börse; Sozialwissenschaften, Recht,Wirtschaft > Wirtschaft > Betriebswirtschaft; Finanzwesen, Finance & Investments, Finanz- u. Anlagewesen, Kapitalanlagen u. Wertpapiere, Investments & Securities, Derivat (Wertpapier)