Student Solutions Manual for Fundamentals of Futures and Options Markets

<ul> <li>1. Introduction </li> <li>2. Mechanics of futures markets </li> <li>3. Hedging strategies using futures </li> <li>4. Interest rates </li> <li>5. Determination of forward and futures prices </li> <li>6. Interest rate futures </li> <li>7. Swaps </li> <li>8. Securitization and the credit crisis of 2007 </li> <li>9. Mechanics of options markets </li> <li>10. Properties of stock options </li> <li>11. Trading strategies involving options </li> <li>12. Introduction to binomial trees </li> <li>13. Valuing stock options: The Black--Scholes--Merton model </li> <li>14. Employee stock options </li> <li>15. Options on stock indices and currencies </li> <li>16. Futures options </li> <li>17. The Greek letters </li> <li>18. Binomial trees in practice </li> <li>19. Volatility smiles </li> <li>20. Value at risk </li> <li>21. Interest rate options </li> <li>22. Exotic options and other nonstandard products </li> <li>23. Credit derivatives </li> <li>24. Weather, energy, and insurance derivatives </li> <li>25. Derivatives mishaps and what we can learn from them </li> <li>Answers to Quiz Questions </li> <li>Glossary of terms </li> <li>DerivaGem software </li> <li>Major exchanges trading futures and options </li> <li>Tables for N(x) </li> <li>Index<br> </li> </ul>