Derivative instruments and their use for speculation and hedging. Analysis of different markets where instruments trade, and their characteristics. Pricing models highlighted to determine how individuals and corporations can better manage risk; exotics and newer innovations. Prerequisite(s): BUSI 2504 and BUSI 2505 with a grade of C+ or higher in each and STAT 2607 with a grade of C- or higher.
Derivative instruments and their use for speculation and hedging. Analysis of different markets where instruments trade, and their characteristics. Pricing models highlighted to determine how individuals and corporations can better manage risk; exotics and newer innovations. Prerequisite(s): BUSI 2504 and BUSI 2505 with a grade of C+ or higher in each and STAT 2607 with a grade of C- or higher.