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CFA Refresher Readings

 

Derivative Instruments: Study Session 17

 

Study Session Materials

New Readings from the 2008 CFA Program

Complete List of CFA Program Readings

 

Topic Overview

Options, Swaps, and Interest Rate and Credit Derivatives

This study session addresses options, swaps, interest rate derivatives, and embedded derivatives and their valuation. Because derivatives are widely used to reduce risk or generate additional income, it is imperative to understand the relative cost/benefit of derivative strategies.

 

View learning outcome statements (LOS) for reading objectives.

 

New Readings from the 2008 CFA Program

 

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"Using Credit Derivatives to Enhance Return and Manage Risk"
George Spentzos, Conference Proceedings Quarterly (CFA Institute, 2006)
Member download (PDF) 		Member benefit button View LOS

 

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Complete List of CFA Program Readings

 

“Option Markets and Contracts”
Ch. 4, pp. 187-242, Analysis of Derivatives for the CFA® Program, Don Chance (AIMR, 2003)

  View LOS

“Swap Markets and Contracts”
Ch. 5, pp. 285-318, Analysis of Derivatives for the CFA® Program, Don Chance (AIMR, 2003)

  View LOS
“Interest Rate Derivative Instruments”
Ch. 13, pp. 494-502, Fixed Income Analysis, 2nd edition, Frank J. Fabozzi (Wiley, 2007) 		  View LOS
"Using Credit Derivatives to Enhance Return and Manage Risk"
George Spentzos, Conference Proceedings Quarterly (CFA Institute, 2006)
Member download (PDF) 		Member benefit button View LOS

 

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