Basics of Derivative Pricing and Valuation (2025 Level I CFA® Exam – Derivative – Module 2) скачать в хорошем качестве

Basics of Derivative Pricing and Valuation (2025 Level I CFA® Exam – Derivative – Module 2)

Prep Packages for the CFA® Program offered by AnalystPrep (study notes, video lessons, question bank, mock exams, and much more): Level I: https://analystprep.com/shop/cfa-leve... Level II: https://analystprep.com/shop/learn-pr... Levels I, II & III (Lifetime access): https://analystprep.com/shop/cfa-unli... Prep Packages for the FRM® Program: FRM Part I & Part II (Lifetime access): https://analystprep.com/shop/unlimite... Topic 7 – Derivatives Module 2 – Basics of Derivative Pricing and Valuation 0:00 Introduction and Learning Outcome Statements 6:38 LOS: Explain how the concepts of arbitrage, replication, and risk neutrality are used in pricing derivatives. 14:29 LOS: Distinguish between value and price of forward and futures contracts. LOS: Calculate a forward price of an asset with zero, positive, or negative cost of carry. 16:36 LOS: Explain how the value and price of a forward contract are determined at expiration, during the life of the contract, and at initiation. 21:50 LOS: Describe monetary and nonmonetary benefits and costs associated with holding the underlying asset and explain how they affect the value and price of a forward contract. 28:51 LOS: Define a forward rate agreement and describe its uses. 30:55 LOS: Explain why forward and futures prices differ. 33:56 LOS: Explain how swap contracts are similar to but different from a series of forward contracts. 35:15 LOS: Distinguish between the value and price of swaps. 39:00 LOS: Explain the exercise value, time value, and moneyness of an option. 47:25 LOS: Identify the factors that determine the value of an option and explain how each factor affects the value of an option. 48:41 LOS: Explain put–call parity for European options. 56:14 LOS: Explain put–call–forward parity for European options. 57:24 LOS: Explain how the value of an option is determined using a one-period binomial model. 1:06:42 LOS: Explain under which circumstances the values of European and American options differ.