PPT-A derivative is an instrument whose value

is derived from the value of another asset Why Derivatives Are Important Derivatives play a key role in transferring risks in the economy Hedging The underlying assets include stocks currencies interest rates commodities debt electricity the weather . We have that AA 1 that is that the product of AA is the sum of the outer products of the columns of To see this consider that AA ij 1 pi pj because the ij element is the th row of which is the vector a a ni dotted with the th column of which is Notation dx dx y 00 f 00 Thus dx dx dy dx Example Find the second derivatives of the following functions a 2 x y 00 2 b y 00 c 5 4 5 y 00 The 64257rst derivative gives information about whether a funct ion increases or decreases In fact A d O 13526 brPage 2br Derivative Classifier Training Page of 21 Derivative classifiers must receive training every two years if training is not completed you will be unable to derivatively classify materials As a derivative classifier you are assigned a Section 3.1b. Remember, that in . graphical terms. , the derivative of a. function at a given point can be thought of as the . slope. of the curve at that point…. Therefore, we can get a good idea of what the graph of. Points of Inflection. Section 4.3a. Writing: True . or . False – A . critical point . of. a function always signifies . an . extreme. value . of the . function. Explain.. FALSE!!! – Counterexample???. Chapter 3.1. Definition of the Derivative. In the previous chapter, we defined the slope of the tangent line to a curve . at a point . as. When this limit exists, it is called the . derivative of . FGFOA Conference, Orlando FL,. Mark A. White, CPA, Partner, Purvis Gray & Company LLP. Jim Towne, Senior VP, DerivActiv. 1. Statement 53. Accounting and Financial Reporting for Derivative Instruments. VALUE THEOREMS. Derivability of a function :. A function . f . defined on [. a, b. ] is said to be derivable or differentiable at if exists. This limit is called derivative of . Section 3.1a. Answers to the “Do Now” – Quick Review, p.101. 1.. 2.. 3.. 5. Slope:. 6.. 4.. 7.. 8.. 9. No, the one-sided limits. at . x. = 1 are different. 10. No, . f. is discontinuous. at . Slope of the Tangent Line. If . f. is defined on an open interval containing . c. and the limit exists, then . . and the line through (. c. , . f. (. c. )) with slope . m. is the line tangent to the graph of . The Second Derivative and the Function. The first derivative tells us where a function is increasing or decreasing. But how can we tell the manner in which a function is increasing or decreasing?. For example, if . Disclosure and Presentation . Presented by. CPA Peter . Njuguna. 1. Case for financial instruments . Dynamics of the international financial markets creates a wide range of financial instruments . Financial instruments comprise a mixture of on and off financial statements . Disclosure and Presentation . Presented by. CPA Peter . Njuguna. 1. Case for financial instruments . Dynamics of the international financial markets creates a wide range of financial instruments . Financial instruments comprise a mixture of on and off financial statements . 1. 2. Financial Instrument . Any contract that gives rise to both a financial asset of one . entity and . financial liability or equity instrument of another . entity. . . 3. 4. Financial Asset . Is any asset that is:.