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Basic Question 1 of 2
Which derivatives do NOT start off with values of zero?
II. Futures
III. Swaps
IV. Options
I. Forwards
II. Futures
III. Swaps
IV. Options
User Contributed Comments 2
| User | Comment |
|---|---|
| khalifa92 | option premium |
| Drangel01 | Thank you |
I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu
Learning Outcome Statements
explain how the value and price of a forward contract are determined at initiation, during the life of the contract, and at expiration
CFA® 2025 Level I Curriculum, Volume 5, Module 5.