The treasurer has one final request before he presents his currency risk reduction plan to the board of directors next week. He would like you to construct information document detailing the various concepts with examples because these are not clearly understood by several members of the upper-level management. How will you explain the following concepts?
- put-call parity
- in the money, out of the money, at the money
- options on futures
- implied volatility
Use the internet to find data that will help describe your discussion.
