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Basic Question 1 of 3

Which derivatives do NOT start off with values of zero?

I. Forwards
II. Futures
III. Swaps
IV. Options

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khalifa92 option premium
Drangel01 Thank you
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I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt

Martin Rockenfeldt

Learning Outcome Statements

describe the carry forward model without underlying cashflows and with underlying cashflows;

CFA® 2025 Level II Curriculum, Volume 5, Module 31.