Yield enhancements in structured products typically come from the premiums collected from selling options and credit protection. An equity linked example is used to illustrate the construction of a yield enhancement note as well as to compare such a note versus a long position in the underlying equity.

By the end of this course, you will:
- Know the construction of yield enhancement notes.
- Know how to compare the risk-reward profile of an Equity Linked Note versus a long position in the underlying equity.