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  • Fixed Income Derivatives - Uses and Implications
    for instance. If you want to buy S&P 500 exposure, you can buy all 500 S&P stocks. That actually might cost ... someone whose benchmark is the S&P 500 and they're earning 4% over the S&P 500, but your company doesn't ...

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    • Authors: Stephen Reddy, John Mulholland, Timothy L Patria
    • Date: Apr 1994
    • Competency: Technical Skills & Analytical Problem Solving
    • Publication Name: Record of the Society of Actuaries
    • Topics: Finance & Investments>Derivatives