Introduction to Derivative Securities, Financial Markets, and Risk Management...

Description: Introduction to Derivative Securities, Financial Markets, and Risk Management, Hardcover by Jarrow, Robert; Chatterjea, Arkadev, ISBN 1944659552, ISBN-13 9781944659554, Used Good Condition, Free shipping in the US This introductory textbook on derivatives and risk management is accessible in terms of the concepts as well as the mathematics. With its economics perspective, th is closely connected to real markets, showing how macroeconomic forces have shaped the markets, explaining the major derivative pricing models using algebra and introductory calculus, showing students how to implement these models using basic statistics and elementary Excel spreadsheet skills, and discussing the uses of derivatives while warning against their abuses. Beginning at a level that is comfortable to lower division college students, th gradually develops the material so that its lessons can be profitably used by business majors, arts, science and engineering graduates as well as MBAs who would work in the finance industry. While the main text is simple, many advanced topics and research ideas are included within th in the form of "Extensions" that are optional material. Many of these inserts include current research insights not available in existing textbooks. Additionally, hard-to-teach interest rate derivatives are presented in an intuitive manner. The Heath–Jarrow–Morton model, which is the most advanced derivatives pricing model, is made accessible by presenting it side-by-side with classical option pricing theory.

Price: 70.05 USD

Location: Jessup, Maryland

End Time: 2024-12-28T17:53:15.000Z

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