Contents
1. Definitions
2. Interest Rates
3. Forward Price
3.1 No income
3.2 Known Income
3.3 Known Yield
4. Valuing Forward Contracts
4.1 Aplication of Different Assets
5. Forward Prices and Futures Prices
6. Hedging Strategies
6.1 Basis Risk
6.2 Hedge Ratio
7. More on Interest Rates
7.1 Zero Rate
7.2 Bonds
7.3 Bond Duration
8. Stock Options
8.1 Option Prices
8.2 Put-Call Parity
9. Black-Scholes Model
10. Concludindg Remarks