- CFA Exams
- 2024 Level I
- Topic 8. Derivatives
- Learning Module 2. Forward Commitment and Contingent Claim Features and Instruments
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Learning Outcome Statements PDF Download
1. Forward Commitments define forward contracts, futures contracts, swaps, options (calls and puts), and credit derivatives and compare their basic characteristics | |
2. Contingent Claims: Options determine the value at expiration and profit from a long or a short position in a call or put option contrast forward commitments with contingent claims | |
3. Credit Derivatives define forward contracts, futures contracts, swaps, options (calls and puts), and credit derivatives and compare their basic characteristics |
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