Derivatives 1st Edition Solutions
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 forwardsoptionsand 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.Read more
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