选择是类型衍生物.pptVIP

Derivatives OptionsHistorical Topics (Internal to the Corp)1 - Capital Budgeting (Investment)2 - Capital Structure (Financing)TodayWe are leaving Internal Corporate FinanceWe are going to Wall St “Capital Markets”Options - financial and corporateOptions are a type of derivative第一页，共四十页。 OptionsTerminologyDerivatives - Any financial instrument that is derived from another. (e.g.. options, warrants, futures, swaps, etc.)Option - Gives the holder the right to buy or sell a security at a specified price during a specified period of time.Call Option - The right to buy a security at a specified pr