An Introduction to Derivatives and Risk Manageme 8/e (絕)
- 20本以上，享 8.5折
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- 一般書籍
- ISBN：9780324601138
- 作者：Brooks Roberts, Don M.Chance
- 版次：8
- 年份：2010
- 出版商：Cengage Learning
書籍介紹
本書特色
目錄
Description
Give your students 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 places you and your students on the forefront with an outstanding blend of institutional material, theory, and practical applications. The latest financial information throughout this edition and timely Internet updates on the text's website ensure your course reflects the most recent changes in today's financial world. You'll find detailed, but flexible, coverage of options, futures, forwards, swaps, and risk management as well as a balanced introduction to pricing, trading, and strategy. You can easily customize the text to your course by addressing only the topics and chapters that best fit your students' needs. A variety of practical end-of-chapter applications, memorable examples from real businesses throughout the learning features, and minimal use of technical mathematics keep the text's presentation accessible and engaging for students. Stock-Trak software, available with each new text, provides additional value and practical application opportunities for your students. Count on this exceptional text to provide the thorough introduction to derivatives and risk management that your students need for success in financial business today.
Give your students 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 places you and your students on the forefront with an outstanding blend of institutional material, theory, and practical applications. The latest financial information throughout this edition and timely Internet updates on the text's website ensure your course reflects the most recent changes in today's financial world. You'll find detailed, but flexible, coverage of options, futures, forwards, swaps, and risk management as well as a balanced introduction to pricing, trading, and strategy. You can easily customize the text to your course by addressing only the topics and chapters that best fit your students' needs. A variety of practical end-of-chapter applications, memorable examples from real businesses throughout the learning features, and minimal use of technical mathematics keep the text's presentation accessible and engaging for students. Stock-Trak software, available with each new text, provides additional value and practical application opportunities for your students. Count on this exceptional text to provide the thorough introduction to derivatives and risk management that your students need for success in financial business today.
Features
New to This Edition
- MINIMAL USE OF TECHNICAL MATHEMATICS KEEPS BOOK ACCESSIBLE FOR STUDENTS: While financial derivatives is unavoidably a technical subject, the authors do not emphasize calculus that is not necessary for learning material at this level. This edition uses a flexible mathematical approach that places more complex material in end-of-chapter appendices -- all while keeping the text challenging and applicable to today's needs.
- PROVEN END-OF-CHAPTER PRACTICE AND NEW TEST BANK PROBLEMS CHALLENGE STUDENTS' UNDERSTANDING: A variety of end-of-chapter problems in this book provide focused opportunities for students to apply the concepts they've learned. New Test Bank problems provide additional choices to easily check your students' comprehension.
- ENGAGING QUOTES BEGIN EACH CHAPTER AND DIRECT THE READER'S ATTENTION TO THE CONTENT THAT FOLLOWS: This edition captures your students' attention at the beginning of the chapter as intriguing quotes turn the reader's focus to the useful presentation of theory and applications that follow.
- UPDATED "MAKING THE CONNECTION" DEMONSTRATES THE MOST RECENT CHANGES IN THE FIELD TODAY: You can clearly show your students the power of derivatives at work in today's financial industry with fresh examples and explanations within "Derivatives Tools" features throughout this edition.
- FRESH, DYNAMIC POWERPOINT SLIDES BRING LECTURES TO LIFE: Now you can clarify principles for your students and keep them engaged with dynamic, updated PowerPoint Presentation slides that are easy to use and simple to customize to your unique course needs.
New to This Edition
- MOST RECENT ARTICLES AND READINGS REFLECT CHANGES IN TODAY'S FINANCIAL BUSINESS WORLD: The latest updates, articles and suggested readings at the end of each chapter keep your course abreast of the many challenges and changes throughout today's financial crises. Internet-related information and the book's companion web site further ensure the material you present is the most current.
- NEW "MAKING THE CONNECTION" BOXES DEMONSTRATE FINANCIAL DECISION-MAKING IN ACTION: Now you can give your students insights into how the content applies directly to financial decision-making in today's business world. Engaging "Making the Connection" boxes highlight examples from real businesses and actual market conditions to emphasize the practicality of chapter theories.
- NEW "CONCEPT CHECKS" ENSURE STUDENT COMPREHENSION: This new set of "Concept Checks" questions at the end of each chapter assists the students in clarifying and ensuring that they understand the basic materials covered in the text. Solutions to these questions at the end of the book allow students to check their own comprehension.
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EXTENSIVE, ENGAGING ILLUSTRATIONS CLARIFY CONCEPTS: A wealth of captivating, useful illustrations, including more than 100 figures and more than 100 tables throughout this edition, further expand upon and reinforce the concepts presented in the text. Figures in the text build on each other to illustrate links between stocks, risk-free bonds, futures, options, forwards, Black-Scholes call/put pricing, and similar concepts.
Table of Contents
1. Introduction.
PART I Options
2. Structure of Options Markets.
3. Principles of Option Pricing.
4. Option Pricing Models: The Binomial Model.
5. Option Pricing Models: The Black-Scholes-Merton Model.
6. Basic Option Strategies.
7. Advanced Option Strategies.
PART II Forwards, Futures, and Swaps
8. The Structure of Forward and Futures Markets.
9. Principles of Pricing Forwards, Futures, and Options on Futures.
10. Futures Arbitrage Strategies.
11. Forward and Futures Hedging, Spread, and Target Strategies.
12. Swaps.
PART III Advanced Topics
13. Interest Rate Forwards and Options.
14. Advanced Derivatives and Strategies.
15. Financial Risk Management: Techniques and Applications.
16. Managing Risk in an Organization.
1. Introduction.
PART I Options
2. Structure of Options Markets.
3. Principles of Option Pricing.
4. Option Pricing Models: The Binomial Model.
5. Option Pricing Models: The Black-Scholes-Merton Model.
6. Basic Option Strategies.
7. Advanced Option Strategies.
PART II Forwards, Futures, and Swaps
8. The Structure of Forward and Futures Markets.
9. Principles of Pricing Forwards, Futures, and Options on Futures.
10. Futures Arbitrage Strategies.
11. Forward and Futures Hedging, Spread, and Target Strategies.
12. Swaps.
PART III Advanced Topics
13. Interest Rate Forwards and Options.
14. Advanced Derivatives and Strategies.
15. Financial Risk Management: Techniques and Applications.
16. Managing Risk in an Organization.
