Publications
Publications
- May 2005 (Revised January 2006)
- HBS Case Collection
Note on Forward Contracts and Swaps
Abstract
Introduces forward contracts and derives graphically through basic arbitrage principles the spot-forward parity. Introduces swap contracts as simply a portfolio of forward contracts. Also covers briefly the mathematics behind swaps as an extension of spot-forward parity calculations.
Keywords
Citation
Chacko, George C., Peter A. Hecht, Vincent Dessain, and Anders Sjoman. "Note on Forward Contracts and Swaps." Harvard Business School Background Note 205-118, May 2005. (Revised January 2006.)