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Basic Question 1 of 2

Which derivatives do NOT start off with values of zero?

I. Forwards
II. Futures
III. Swaps
IV. Options

User Contributed Comments 2

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khalifa92 option premium
Drangel01 Thank you
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I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach

Andrea Schildbach

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® 2024 Level I Curriculum, Volume 5, Module 5.