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Basic Question 1 of 3
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 passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
Learning Outcome Statements
describe the carry forward model without underlying cashflows and with underlying cashflows;
CFA® 2025 Level II Curriculum, Volume 5, Module 31.