Financial Derivatives: Futures, Forwards, Swaps, Options, Corporate Securities, and Credit Default Swaps (World Scientific Lecture Notes in Economics)
| Author | : | |
| Rating | : | 4.22 (551 Votes) |
| Asin | : | 981461842X |
| Format Type | : | paperback |
| Number of Pages | : | 250 Pages |
| Publish Date | : | 2015-12-01 |
| Language | : | English |
DESCRIPTION:
Amazon Customer said One Star. Not general enough. Just numerical examples, it lacks sound explanations
Derivatives markets are an important and growing segment of financial markets and play an important role in the management of risk. This invaluable set of lecture notes is meant to be used in conjunction with a standard textbook on derivatives in an advanced undergraduate or Mba elective course on futures, forwards, swaps, options, corporate securities, and credit default swaps. It covers the foundations of derivatives pricing in arbitrage-free markets, develops the methodology of risk-neutral valuation, and discusses hedging and the management of risk.
This invaluable set of lecture notes is meant to be used in conjunction with a standard textbook on derivatives in an advanced undergraduate or MBA elective course on futures, forwards, swaps, options, corporate securities, and credit default swaps. From the Inside Flap Derivatives markets are an important and growing segment of financial markets and play an important role in the management of risk. . It covers the foundations of derivatives pricing in arbitrage-free markets, develops the methodology of risk-neutral valuation, and discusses hedging and the management of risk