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Financial Derivatives - 2nd edition

Financial Derivatives (ISBN10: 1557869308; ISBN13: 9781557869302)
ISBN13: 978-1557869302
ISBN10: 1557869308

Summary: Financial Derivatives- financial instruments whose value depends on other basic instruments, such as stocks or bonds- have emerged as important risk-management tools in the corporate world. Financial Derivatives offers a broad overview of the different types of derivatives (futures, options on futures, and swaps), while focussing on the principles that determine market prices. This introduction presents financial derivatives as tools for managing risk i moren a corporate setting, rather than instruments of speculation. The approach reflects today's emergence of corporations and financial institutions as dominant forces in financial derivative markets. A new chapter, Risk Management and Financial Engineering, reflects the maturation of financial engineering as a financial specialty and illustrates how financial engineers use derivatives to manage risk. less

Edition/Copyright: 2ND 96
Cover: Paperback
Publisher: Blackwell Publishers
Year Published: 1996
International: No

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