Introduction to Derivatives and Risk Management (with Stock-Trak Coupon)

by Chance, Don M.; Brooks, Roberts

• ISBN13: 9780324601213
• ISBN10: 0324601212
• Edition: 8th
• Format: Hardcover
• Copyright: 2009-08-11
• Publisher: South-Western College Pub

Summary

Gain a solid understanding of financial derivatives and their use in managing the risks of financial decisions with this leading text. Chance/Brooks' AN INTRODUCTION TO DERIVATIVES AND RISK MANAGEMENT, 8E provides an outstanding blend of institutional material, theory, and practical applications with updates that reflect the most recent changes in today's financial world. You'll find detailed coverage of options, futures, forwards, swaps, and risk management as well as a balanced introduction to pricing, trading, and strategy. A variety of practical applications, memorable real business examples from real businesses, and minimal use of technical mathematics keep the text's presentation accessible.

Table of Contents

Introduction

Structure of Options Markets

Principles of Option Pricing

Option Pricing Models: The Binomial Model

Option Pricing Models: The Black-Scholes-Merton Model

Basic Option Strategies

Advanced Option Strategies

The Structure of Forward and Futures Markets

Principles of Pricing Forwards, Futures, and Options on Futures

Futures Arbitrage Strategies

Forward and Futures Hedging, Spread, and Target Strategies

Swaps

Interest Rate Forwards and Options

Advanced Derivatives and Strategies

Financial Risk Management: Techniques and Applications

Managing Risk in an Organization

List of Formulas

References

Table of Contents provided by Publisher. All Rights Reserved.