Derivatives (McGraw-Hill/Irwin Series in Finance, Insurance, and Real Est)

it Has Been The Authors’ Experience That The Overwhelming Majority Of Students In Mba Derivatives Courses Go On To Careers Where A Deep Conceptual, Rather Than Solely Mathematical, Understanding Of Products And Models Is Required. The First Edition Of Derivatives Looks To Create Precisely Such A Blended Approach, One That Is Formal And Rigorous, Yet Intuitive And Accessible.

the Main Body Of This Book Is Divided Into Six Parts. Parts 1-3 Cover, Respectively, Futures And Forwards; Options; And Swaps. Part 4 Examines Term-structure Modeling And The Pricing Of Interest-rate Derivatives, While Part 5 Is Concerned With Credit Derivatives And The Modeling Of Credit Risk. Part 6 Discusses Computational Issues.