Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

l2 54 swap markets and contracts

This class was created by Brainscape user Steven Popovic. Visit their profile to learn more about the creator.

By: Steven Popovic
Start Studying

Decks in this class (10)

a distinguish between the pricing and valuation of swaps;
No deck description has yet been added by the author.
0  cards
b explain the equivalence of 1) interest rate swaps to a series of off-market forward rate agreements (FRAs) and 2) a plain vanilla swap to a combination of an interest rate call and an interest rate put;
No deck description has yet been added by the author.
0  cards
c calculate and interpret the fixed rate on a plain vanilla interest rate swap and the market value of the swap during its life;
No deck description has yet been added by the author.
0  cards
d calculate and interpret the fixed rate, if applicable, and the foreign notional principal for a given domestic notional principal on a currency swap, and estimate the market values of each of the different types of currency swaps during their lives;
No deck description has yet been added by the author.
0  cards
e calculate and interpret the fixed rate, if applicable, on an equity swap and the market values of the different types of equity swaps during their lives;
No deck description has yet been added by the author.
0  cards
f explain and interpret the characteristics and uses of swaptions, including the difference between payer and receiver swaptions;
No deck description has yet been added by the author.
0  cards
g calculate the payoffs and cash flows of an interest rate swaption;
No deck description has yet been added by the author.
0  cards
h calculate and interpret the value of an interest rate swaption at expiration;
No deck description has yet been added by the author.
0  cards
i evaluate swap credit risk for each party and during the life of the swap, distinguish between current credit risk and potential credit risk, and explain how swap credit risk is reduced by both netting and marking to market;
No deck description has yet been added by the author.
0  cards
j define swap spread and explain its relation to credit risk.
No deck description has yet been added by the author.
0  cards

More about
l2 54 swap markets and contracts

  • Class purpose General learning

Learn faster with Brainscape on your web, iPhone, or Android device. Study Steven Popovic's L2 54 Swap Markets and Contracts flashcards for their CFA Exam L1 class now!

How studying works.

Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.

Learn more about spaced repetition

Add your own flashcards.

Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!

What's Brainscape anyway?

Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.

We use an adaptive study algorithm that is proven to help you learn faster and remember longer....

Looking for something else?

Find Flashcards
Make Flashcards
Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions