FINE 6800 3.00

Title OPTIONS, FUTURES & OTHER DERIVATIVE SECURITIES
Level Graduate
Department FINANCE - ROOM SSB N204A, (416) 736-5073 fax (416) 736-5687
Description

This course explains the way in which derivative securities such as options, futures contracts, forward contracts, swaps and interest rate caps can be valued. It discusses arbitrage relationships, risk neutral valuation, the creation of options synthetically, numerical procedures and the evaluation of credit risk.

Prerequisite: MBA/IMBA: FINE 6200 3.00
MF: MFIN 5600 3.00
Course credit exclusion: SB/FNEN 6810.030 (either SB/FINE 6800.030 or SB/FNEN 6810.030, but not both, may be taken for credit)