Derivative

Today i am going to talk about the lecture i went today, Derivative. According to some sources, This course is the more difficult finance paper ever. After enter for the 1st class don feel so.

However, what is Derivative ?

In my own knowledge, i come across from my pass finance paper, that it is some kind of a Bond. That all i know.

The true meaning in finance term is a financial instrument or more simply, an agreement between two people or two parties that has a value determined by the price of something else that is called the underlying.

So what actually we understand in that meaning ? Seriously it take me half and hour to understand it.

However, this course does't seem that hard as what i thought and the lecture do not provide slide show but instead use his knowledge and just tough us what he know.

Anyhow, there is no risk in any challenge. That what i learn in class today.

Good Day. :)