| Description |
xxi, 847 pages : illustrations ; 26 cm + 1 computer disc |
|
4 3/4 in |
| Contents |
1. Introduction -- 2. Mechanics of futures markets -- 3. Hedging strategies using futures --- 4. Interest rates -- 5. Determination of forward and futures prices -- 6. Interest rate futures -- 7. Swaps -- 8. Securitization and the Credit Crisis of 2007 -- 9. Mechanics of options markets -- 10. Properties of stock options -- 11. Trading strategies involving options -- 12. Binomial trees -- 13. Wiener processes and ito's lemma -- 14. The black-scholes-merton model -- 15. Employee stock options -- 16. Options on stock indices and currencies -- 17. Options on futures -- 18. Greek letters -- |
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19. Volatility smiles -- 20. Basic numerical procedures -- 21. Value at risk -- 22. Estimating volatilities and correlations -- 23. Credit risk -- 24. Credit derivatives -- 25. Exotic options -- 26. More on models and numerical procedures -- 27. Martingales and measures -- 28. Interest rate derivatives: the standard market models -- 29. Convexity, timing, and quanto adjustments -- 30. Interest rate derivatives: models of the short rate -- 31. Interest rate derivatives: hjm and lmm -- 32. Swaps revisited -- 33. Energy and commodity derivatives -- 34. Real options -- 35. Derivatives mishaps and what we can learn from them -- 36. Derivatives markets in developing countries |
| Summary |
Designed to bridge the gap between theory and practice, this introductory text on the futures and options markets is ideal for those with a limited background in mathematics. The eighth edition has been updated and improved-featuring a new chapter on securitization and the credit crisis, and increased discussion on the way commodity prices are modeled and commodity derivatives valued |
| Notes |
Previous edition: Upper Saddle River, N.J.: Pearson Prentice Hall, 2009 |
| Bibliography |
Includes bibliographical references and index |
| Notes |
CD-ROM access requires Microsoft Excel or Open Office for *.xls and *.ods files. Users should read the readme.txt file before using the disc |
| Subject |
Derivative securities -- Problems, exercises, etc.
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Derivative securities.
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Futures.
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Investments.
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Options (Finance)
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Securities.
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Stock options.
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| Genre/Form |
Problems and exercises.
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| ISBN |
0273759078 |
|
9780273759072 (paperback) |
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