tailieunhanh - Financial Markets and Products book 3

Financial Markets and Products book 3 Lecture Classifications of Risk defining risk, identifying the lassifications of risks and explaining the role played by risk in value creation. | FRM I 2012 Part I I Book 3 Financial Markets and Products Schweser study Notes for the FRM Exam KAPLANJ SCHWESER FRM Part I Book 3 Financial Markets and Products Financial Markets and Products 23 Introduction Options Futures and Other Derivatives 3 24 Mechanics of Futures Markets 19 25 Hedging Strategies Using Futures 30 26 Interest Rates 40 27 Determination of Forward and Futures Prices - 55 28 Interest Rate Futures 67 29 Swaps 80 30 Properties of Stock Options 96 31 Trading Strategies Involving Options 108 Interest Rate Caps and Floors 124 32 Fundamentals of Commodity Spot and Futures Markets 129 33 Commodity Forwards and Futures 140 34 Foreign Exchange Risk 159 35 Corporate Bonds 172 Challenge Problems -. - 185 Challenge Problem Answers 189 GARP FRM Practice Exam Questions 193 GARP FRM Practice Exam Answers 205 r X Formulas 218 Appendix 221 Index 224 2012 Kaplan Inc. Page 1 FRM PART I BOOK 3 FINANCIAL MARKETS AND PRODUCTS 2012 Kaplan Inc. . Kaplan Schweser. All rights reserved. Printed in the United States of America. ISBN 978-1-4277-3888-2 1-4277-3888-2 PPN 3200-2109 Required Disclaimer GARP does not endorse promote review or warrant the accuracy of the products or services offered by Kaplan Schweser of FRM related information nor does it endorse any pass rates claimed by the provider. Further GARP is not responsible for any fees or costs paid by the user to Kaplan Schweser nor is GARP responsible for any fees or costs of any person or entity providing any services to Kaplan Schweser. FRM GARP and Global Association of Risk Professionals are trademarks owned by the Global Association of Risk Professionals Inc. GARP ẸRM Practice Exam Questions are reprinted with permission. Copyright 2011 Global Association of Risk Professionals. All rights reserved. These materials may not be copied without written permission from the author. The unauthorized duplication of these notes is a violation of global copyright laws. Your assistance in pursuing potential violators