An introduction to derivatives and risk management (with stock-trak coupon)

This leading text gives students a solid understanding of financial derivatives and their use in managing the risks of financial decisions. AN INTRODUCTIONTO DERIVATIVES AND RISK MANAGEMENT, 9E, Int. ed. provides a blend of institutional material, theory, and practical applications. The latest financial information throughout this edition and timely updates on the text's website ensureyour course reflects the most recent changes in one of the most volatile sectors of today's financial world.You'll find detailed coverage of options, futures, forwards, swaps, and risk management as well as a balanced introduction to pricing, trading, and strategy. A variety of practical end-of-chapter applications, memorable examples fromreal businesses, and minimal use of technical mathematics keep the text accessible and engaging for students. Stock-Trak software, available with each new text, provides additional value and practical application opportunities for your students.Approximately 25 PowerPoint slides per chapter highlight tables and figures with useful hyperlinks that allow you to jump to the table or figure and back again without breaking the flow of your lecture.The online Solutions Review Manual gives your students a useful online reviewtool, providing answers to the end-of-chapter problems, as well as the step-by-step solutions, so students can check their own work and determine exactly where they may have made errors.New Test Bank questions help you better evaluate your students' understandingof the text's concepts. You'll find a variety of more than 300 questions within this proven Test Bank. INDICE: PART I Options..1. Introduction..2. Structure of Options Markets..3. Principles of Option Pricing..4. Option Pricing Models: The Binomial Model..5. Option Pricing Models: The Black-Scholes-Merton Model..6. Basic Option Strategies..7. Advanced Option Strategies..PART II Forwards, Futures, and Swaps..8. The Structure of Forward and Futures Markets..9. Principles of Pricing Forwards, Futures, and Options on Futures..10. Futures Arbitrage Strategies..11. Forward and Futures Hedging, Spread, and Target Strategies..12. Swaps..PART IIIAdvanced Topics..13. Interest Rate Forwards and Options..14. Advanced Derivatives and Strategies..15. Financial Risk Management Techniques and Applications..16. Managing Risk in an Organization..Appendix A: List of Formulas..AppendixB: References..Appendix C: Solutions to Concept Checks..Glossary..Index.

• ISBN: 978-1-133-19021-9
• Editorial: South Western College
• Encuadernacion: Rústica
• Páginas: 672
• Fecha Publicación: 27/05/2012
• Nº Volúmenes: 1
• Idioma: Inglés