Q-22.3(b) True or false: A volatility swap exchanges a fixed vega for a realized vega | Financial Risk Manager Part 1 Quiz - LeetQuiz
Financial Risk Manager Part 1
Explanation:
False. A volatility swap exchanges a fixed level of volatility for realized volatility. Vega is an option sensitivity measure, not the payoff variable of the swap.
Get started today
Ultimate access to all questions.
Comments (0)
No comments yet.
Q-22.3(b) True or false: A volatility swap exchanges a fixed vega for a realized vega