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Beschreibung
Build essential foundations around the derivatives market for your future career in finance with the definitive guide on the subject.Options, Futures, and Other Derivatives, Global Edition, 11th edition by John Hull, is the industry-leading, gold standard text for business and economics [...] for students studying Business, Economics, and Financial Engineering and Mathematics, this edition gives you a modern look at the derivatives market by incorporating the industry's hottest topics, such as securitisation and credit crisis, bridging the gap between theory and practice.Written with the knowledge of how Maths can be a key challenge for this course, the text adopts a simple language that makes learning approachable, providing a clear explanation of ideas throughout the [...] latest edition covers the most recent regulations and trends, including the Black-Scholes-Merton formulas, overnight indexed swaps, and the valuation of commodity [...] features include:Tables, charts, examples, and market data discussions, reflecting current market conditions.A delicate balance between theory and practice with the use of mathematics, adding numerical examples for added clarity.Useful practice-focused resources to help students overcome learning [...]-of-chapter problems reflecting contemporary key ideas to support your understanding of the topics based on the new reference rates.Whether you need an introductory guide to derivatives to support your existing knowledge in algebra and probability distributions, or useful study content to advance your understanding of stochastic processes, this must-have textbook will support your learning and understanding from theory to practice.
Build essential foundations around the derivatives market for your future career in finance with the definitive guide on the subject.Options, Futures, and Other Derivatives, Global Edition, 11th edition by John Hull, is the industry-leading, gold standard text for business and economics [...] for students studying Business, Economics, and Financial Engineering and Mathematics, this edition gives you a modern look at the derivatives market by incorporating the industry's hottest topics, such as securitisation and credit crisis, bridging the gap between theory and practice.Written with the knowledge of how Maths can be a key challenge for this course, the text adopts a simple language that makes learning approachable, providing a clear explanation of ideas throughout the [...] latest edition covers the most recent regulations and trends, including the Black-Scholes-Merton formulas, overnight indexed swaps, and the valuation of commodity [...] features include:Tables, charts, examples, and market data discussions, reflecting current market conditions.A delicate balance between theory and practice with the use of mathematics, adding numerical examples for added clarity.Useful practice-focused resources to help students overcome learning [...]-of-chapter problems reflecting contemporary key ideas to support your understanding of the topics based on the new reference rates.Whether you need an introductory guide to derivatives to support your existing knowledge in algebra and probability distributions, or useful study content to advance your understanding of stochastic processes, this must-have textbook will support your learning and understanding from theory to practice.
Über den Autor
John Hull is the Maple Financial Professor of Derivatives and Risk Management at the Joseph L. Rotman School of Management, University of Toronto (UofT). In 2016, he was awarded the title of University Professor (an honour granted to only 2% of faculty at UofT). He has acted as a consultant to many financial institutions around the world and has won many teaching awards, including UofT's prestigious Northrop Frye [...] is an internationally recognised authority on Derivatives and Risk Management and has many publications in this area. His work has an applied focus, with his research and teaching activities including risk management, regulation and machine learning, as well as derivatives. He is co-director of Rotman's Master in Finance and Master in Financial Risk Management Programs.
Inhaltsverzeichnis
- 1. Introduction
- 2. Futures markets and central counterparties
- 3. Hedging strategies using futures
- 4. Interest rates
- 5. Determination of forward and futures prices
- 6. Interest rate futures
- 7. Swaps
- 8. Securitization and the financial crisis of 2007-8
- 9. XVAs
- 10. Mechanics of options markets
- 11. Properties of stock options
- 12. Trading strategies involving options
- 13. Binomial trees
- 14. Wiener processes and Itô's lemma
- 15. The BlackScholesMerton model
- 16. Employee stock options
- 17. Options on stock indices and currencies
- 18. Futures options and Black's model
- 19. The Greek letters
- 20. Volatility smiles and Volatility Surfaces
- 21. Basic numerical procedures
- 22. Value at risk and expected shortfall
- 23. Estimating volatilities and correlations
- 24. Credit risk
- 25. Credit derivatives
- 26. Exotic options
- 27. More on models and numerical procedures
- 28. Martingales and measures
- 29. Interest rate derivatives: The standard market models
- 30. Convexity, timing, and quanto adjustments
- 31. Equilibrium models of the short rate
- 32. No-arbitrage models of the short rate
- 33. Modeling Forward Rates
- 34. Swaps Revisited
- 35. Energy and commodity derivatives
- 36. Real options
- 37. Derivatives mishaps and what we can learn from them
Details
| Erscheinungsjahr: | 2022 |
|---|---|
| Fachbereich: | Betriebswirtschaft |
| Genre: | Importe, Wirtschaft |
| Rubrik: | Recht & Wirtschaft |
| Medium: | Taschenbuch |
| Inhalt: | 880 S. |
| ISBN-13: | 9781292410654 |
| ISBN-10: | 1292410655 |
| Sprache: | Englisch |
| Einband: | Kartoniert / Broschiert |
| Autor: |
Hull, John
Hull, John C. |
| Auflage: | 11. Auflage |
| Hersteller: | Pearson |
| Verantwortliche Person für die EU: | Pearson Studium im Verlag Pearson Benelux B.V. Zweigniederla, Sankt-Martin-Str. 82, D-81541 München, buchhandel@pearson.com |
| Maße: | 254 x 203 x 47 mm |
| Von/Mit: | John Hull (u. a.) |
| Erscheinungsdatum: | 23.03.2022 |
| Gewicht: | 1,847 kg |