Скачать с ютуб Introduction to Derivatives (FRM Part 1 2023 – Book 3 – Chapter 4) в хорошем качестве

Introduction to Derivatives (FRM Part 1 2023 – Book 3 – Chapter 4)

For FRM (Part I & Part II) video lessons, study notes, question banks, mock exams, and formula sheets covering all chapters of the FRM syllabus, click on the following link: https://analystprep.com/shop/unlimite... AnalystPrep is a GARP-Approved Exam Preparation Provider for FRM Exams After completing this reading, you should be able to: - Describe the over-the-counter market, distinguish it from trading on an exchange, and evaluate its advantages and disadvantages. - Differentiate between options, forwards, and futures contracts. - Identify and calculate option and forward contract payoffs. - Calculate and compare the payoffs from hedging strategies involving forward contracts and options. - Calculate and compare the payoffs from speculative strategies involving futures and options. - Calculate an arbitrage payoff and describe how arbitrage opportunities are temporary. - Describe some of the risks that can arise from the use of derivatives. - Differentiate among the broad categories of traders: hedgers, speculators, and arbitrageurs.