All About Derivatives (2nd Edition)
All About Derivatives (2nd Edition) by Michael Durbin
English | 2010 | ISBN: 0071743510 | 288 pages | EPUB | 7 MB
English | 2010 | ISBN: 0071743510 | 288 pages | EPUB | 7 MB
All About Derivatives, Second Edition, presents the complex subject of financial derivatives with a clarity and coherence you won't find in other books. Using real-world examples and simple language, it lucidly illustrates what derivatives are and why they are so powerful. This second edition of All About Derivatives provides a rock-solid foundation on:
• The most common contracts available to you in today's market
• Key concepts such as cost of carry, settlement, valuation, and payoff
• Proven methods for establishing fair value
• How leverage can work for you—and against you
• The various derivative contracts traded today, including forwards, futures, swaps, and options
• Pricing methods and mathematics for determining fair value
• Hedging strategies for managing and reducing different types of risk