Derivative Markets 2nd Edition- Robert L.Mcdonald 原版PPT课件_CH08.pptVIP

Chapter 8;Introduction to Swaps;An Example of a Commodity Swap;An Example of a Commodity Swap (cont’d);An Example of a Commodity Swap (cont’d);Physical Versus Financial Settlement;Physical Versus Financial Settlement (cont’d);Physical Versus Financial Settlement (cont’d);Physical Versus Financial Settlement (cont’d);Physical Versus Financial Settlement (cont’d);The Swap Counterparty;The Swap Counterparty (cont’d);The Swap Counterparty (cont’d);The Market Value of a Swap;Interest Rate Swaps;An Example of an Interest Rate Swap;An Example of an Interest Rate Swap (cont’d);Computing the Swap Rate;Computing the Swap Rate;Computing the Swap Rate (cont’d);Computing the Swap Rate (cont’d);The Swap Curve;The Swap Curve (cont’d);Deferred Swap;Why Swap Interest Rates?;Amortizing and Accreting Swaps;Currency Swaps;An Example of a Currency Swap;Currency Swap Formulas;Currency Swap Formulas (cont’d);Currency Swap Formulas (cont’d);Other Currency Swaps;Commodity Swaps;Swaps With Variable Quantity and Prices;Swaps With Variable Quantity and Prices (cont’d);Swaptions;Swaptions (cont’d);Total Return Swaps;Total Return Swaps (cont’d);Summary;Summary