3.00 Credits
An introduction to derivative securities, the markets in which they trade, theoretical models for arbitrage-free pricing, and applications in hedging and speculation. Prerequisite/Restriction: FIN 3200, MATH 1050 or higher mathematics class or AP Calculus AB score or higher, one of the following statistics: STAT 1040, STAT 1080, STAT 2000, STAT 2300, STAT 3000, MIS 3100, or PSY 3010