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Derivative Securities

Course #: AF 435, Class #: 2588, Section #: 01

Description

Derivative securities are contracts whose payoffs are derived from the outcome of another security or asset price. This course focuses on the valuation and (mis)use of derivative securities. Specifically the course covers: history of derivatives, valuation of forwards, futures, swap and option contracts and the use of derivative securities to hedge financial risk, particularly interest rate and foreign currency risk.

Prerequisites

AF 301 and a minimum of 60 credits MGT majors only

Course Details