- What are ‘Derivatives’? Explain the various types of derivatives and discuss their uses and applications.
- What is Hedging? What are the various inefficiencies persisting in the process of hedging?
- What are Futures? Explain the process of price adjustments of futures when dividend or bonus shares are paid out.
- What is an ‘Option’? What are the factors taken into consideration for determining call option prices?
- Explain the following:
(i) Delta
(ii) Gamma
