Hunt / Kennedy Financial Derivatives in Theory and Practice, Revised Edition

1. Revised Auflage 2004
ISBN: 978-0-470-86360-2
Verlag: John Wiley & Sons
Format: PDF
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 468 Seiten, E-Book

Reihe: Wiley Series in Probability and Statistics

The term Financial Derivative is a very broad term which has cometo mean any financial transaction whose value depends on theunderlying value of the asset concerned. Sophisticated statisticalmodelling of derivatives enables practitioners in the bankingindustry to reduce financial risk and ultimately increase profitsmade from these transactions.
The book originally published in March 2000 to widespreadacclaim. This revised edition has been updated with minorcorrections and new references, and now includes a chapter ofexercises and solutions, enabling use as a course text.
* Comprehensive introduction to the theory and practice offinancial derivatives.
* Discusses and elaborates on the theory of interest ratederivatives, an area of increasing interest.
* Divided into two self-contained parts ? the first concentratingon the theory of stochastic calculus, and the second describes indetail the pricing of a number of different derivatives inpractice.
* Written by well respected academics with experience in thebanking industry.
A valuable text for practitioners in research departments of allbanking and finance sectors. Academic researchers and graduatestudents working in mathematical finance.

Autoren/Hrsg.

Hunt, Philip

Kennedy, Joanne