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Derivatives: Forwards, Futures, Swaps, and Options

  • Arlie O. Petters
  • Xiaoying Dong
Chapter
Part of the Springer Undergraduate Texts in Mathematics and Technology book series (SUMAT)

Abstract

Nowadays one cannot understand modern finance and financial markets without a solid understanding of derivatives. This chapter introduces the basic building blocks of derivatives: forwards, futures, swaps (a brief introduction only) and options with a balance of theoretical and practical perspectives. The approach focuses on understanding the contracts and strategies, with an emphasis on options. The pricing aspect will be discussed in the next chapter.

Keywords

Cash Flow Credit Default Swap Expiration Date Contingent Claim Future Contract 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Arlie O. Petters and Xiaoying Dong 2016

Authors and Affiliations

  • Arlie O. Petters
    • 1
  • Xiaoying Dong
    • 1
  1. 1.Department of MathematicsDuke UniversityDurhamUSA

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