Introduction to Derivatives

Options, Futures, and Swaps
ISBN13: 9780195301656ISBN10: 019530165X Hardcover, 816 pages
Jun 2008,  In Stock

Retail Price to Students:

$97.95 (04)
816 pages; 200 line illus.; 7 x 10; ISBN13: 978-0-19-530165-6ISBN10: 0-19-530165-X
This book provides a thorough explanation of derivatives from the basic concepts, strategies, and fundamentals to a more detailed understanding of the advanced strategies and pricing models.

Description

Since the 1970s, the U.S. economy has experienced relatively sharp swings in stock prices, interest rates, and exchange rates, which has increased the exposure of many debt, equity, and currency positions to market risk. Faced with this risk, many institutional investors have increased their use of futures, option contracts, and other derivative securities.

Introduction to Derivatives: Options, Futures, and Swaps provides a thorough explanation of derivatives from the basic concepts, strategies, and fundamentals to a more detailed understanding of the advanced strategies and pricing models.

Including more than 300 end-of-chapter problems and web exercises at the end of most chapters, Derivatives is ideal for advanced undergraduate, MBA, and MS courses in finance, and serves as an excellent reference for professionals in equity and debt management.

About the Author(s)

R. Stafford Johnson is Professor of Finance in the William College of Business at Xavier University. He has authored or co-authored over 50 journal articles in finance and economics.