Samenvatting Finance 2
Inhoud
Lecture 1................................................................................................................................................... 2
Introduction Derivatives Markets ........................................................................................................ 2
Introduction Futures, Forwards & Options .......................................................................................... 7
Lecture 2................................................................................................................................................. 13
Interest rates ...................................................................................................................................... 13
Financial Forwards ............................................................................................................................. 20
Financial Futures ................................................................................................................................ 24
Currency Forwards ............................................................................................................................. 28
Lecture 3................................................................................................................................................. 30
Commodity Futures ............................................................................................................................ 30
Interest rate Futures .......................................................................................................................... 36
Swaps ................................................................................................................................................. 41
Lecture 4................................................................................................................................................. 44
Option Types & Payoffs ...................................................................................................................... 48
Put-Call Parity ..................................................................................................................................... 50
Binomial Option Pricing ..................................................................................................................... 57
Lecture 5................................................................................................................................................. 59
The Black-Scholes Formula ................................................................................................................ 59
Greeks ................................................................................................................................................ 62
Lecture 6................................................................................................................................................. 65
Corporate applications ....................................................................................................................... 65
Real Options ....................................................................................................................................... 65
Inhoud
Lecture 1................................................................................................................................................... 2
Introduction Derivatives Markets ........................................................................................................ 2
Introduction Futures, Forwards & Options .......................................................................................... 7
Lecture 2................................................................................................................................................. 13
Interest rates ...................................................................................................................................... 13
Financial Forwards ............................................................................................................................. 20
Financial Futures ................................................................................................................................ 24
Currency Forwards ............................................................................................................................. 28
Lecture 3................................................................................................................................................. 30
Commodity Futures ............................................................................................................................ 30
Interest rate Futures .......................................................................................................................... 36
Swaps ................................................................................................................................................. 41
Lecture 4................................................................................................................................................. 44
Option Types & Payoffs ...................................................................................................................... 48
Put-Call Parity ..................................................................................................................................... 50
Binomial Option Pricing ..................................................................................................................... 57
Lecture 5................................................................................................................................................. 59
The Black-Scholes Formula ................................................................................................................ 59
Greeks ................................................................................................................................................ 62
Lecture 6................................................................................................................................................. 65
Corporate applications ....................................................................................................................... 65
Real Options ....................................................................................................................................... 65
