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13.Be able to discuss the method of determining the fair value for forward, futures and options contracts. 14.Be able to explain the importance of Efficient
13.Be able to discuss the method of determining the fair value for forward, futures and options contracts.
14.Be able to explain the importance of Efficient Market Hypothesis, Arbitrage Pricing Theory, Purchasing Power Parity and Interest Rate Parity in currency markets. 15.Be able to distinguish between option, forwards & futures as hedging tools in the currency markets.
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