The nature of derivatives a derivative is an instrument whose value depends on the values of other more basic underlying variables Options, Futures, and Other Derivatives, 5th edition C 2002 by John C. Hull

Nature of Swaps A swap is an agreement to exchange cash flows at specified future times according to certain specified rules Options, Futures, and Other Derivatives, 5th edition 2002 by John C. Hull

Futures Contracts Available on a wide range of underlying assets · Exchange traded · Specifications need to be defined: What can be delivered, - Where it can be delivered, When it can be delivered Settled daily Options, Futures, and Other Derivatives,5 5th edition2002 by John.hull

Unit Three: Part B Review of Text A Text B Listening Practice Assignment

Temperature: measure of the motion of the individual atoms and molecules in a gas liquid or solid related to average kinetic energy of constituents High temperature: constituents are moving around energetically

The lever arm is the perpendicular distance from the axis of rotation to a line drawn along the direction of the force

Physics 121, Sections 9, 10, 11, and 12 Lecture 5 Today's Topics Homework 2: Due Friday Sept 16@6: 00PM Ch.3:#2,11,18,20,25,32,36,46,50,and56 Chapter 3: Forces and motion along a line Motion with constant acceleration Falling objects Apparent weight

Acknowledgments xi Selected Abbreviations xiii Overview and Policy Messages: Mobilizing Finance and Managing Vulnerability 1 Capital flows to developing countries continued to recover, but at a slower pace

Content The“core” Uniqueness of equilibrium Stability of equilibrium Welfare

Topics to be Discussed Competitive Factor Markets Equilibrium in a Competitive Factor Market Factor Markets with Monopsony Power Factor Markets with Monopoly Power