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ISBN
:
9781557869302
Publisher
:
Wiley
Subject
:
Finance & Accounting, Economics
Binding
:
PAPERBACK
Pages
:
272
Year
:
1996
₹
5630.0
₹
5630.0
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View DetailsDescription
Financial Derivatives procides a thorough introduction to finacial derivatives designed to supplement a wide range of university finance and economics courses. The text has two principle goals. First, it offers a broad overview of the different types of financial derivatives futures, options, options on futures, and swaps - while focusing on the principles that determine market prices. Second, the text presents financial derivatives as tools for risk management in a corporate setting, rather than as instruments of speculation. This approach is consistent with tye emergence of financial institutions and corporations as dominant forces in markets for financial derivatives. A new chapter 6, Risk Management and Finacial Engineering reflects the maturation of financial engineering as a financial speciality and illustrates how financial engineers use derivatives to manage risk.
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