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• Introduction to Forward Contracts, Futures, and Swaps; Pricing Forwards and Futures; Interest Rate and Currency Swaps; Introduction to Options and No-Arbitrage Restrictions; Trading Strategies and Slope and Convexity Restrictions; Optimal Early Exercise of American Options; Binomial Option Pricing; Risk-Neutral Valuation; The Black-Scholes-Merton Option Pricing Formula; Extensions of the BSM Model; Risk Management with Options; Empirical Evidence and Time-Varying Volatility; The Pricing and Hedging of Corporate Securities (Common Stock, Senior and Junior Bonds, Callable Bonds, Warrants, Convertible Bonds, Putable Bonds, and Credit Default Swaps) and Credit Risk;