1. Swaps Chapter 7 2. Nature of Swaps A swap is an agreement to exchange cash flows at specified future times according to certain specified rules 3. An Example of a “Plain…

1. Swaps Chapter 7 2. Nature of Swaps A swap is an agreement to exchange cash flows at specified future times according to certain specified rules 3. An Example of a “Plain…

1. Chapter 7 Swaps Options, Futures, and Other Derivatives, 8th Edition, Copyright © John C. Hull 2012 1 2. Nature of Swaps A swap is an agreement to exchange cash flows…

Slide 1Options, Futures, and Other Derivatives, 7th Ed, Ch 7, Copyright © John C. Hull 2010 Swaps Chapter 7 Pages: 157-168, 175-178 (top),180 (bottom)-185 1 Slide 2 Options,…

Slide 1 7.1 Swaps Chapter 7 Slide 2 7.2 Nature of Swaps A swap is an agreement to exchange cash flows at specified future times according to certain specified rules Slide…