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Fundamentals of Futures and Options Markets

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Fundamentals of Futures and Options Markets

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作 者:<a href="/s?ie=UTF8&amp;field-author=%E7%BA%A6%E7%BF%B0%E2%80%A2%E8%B5%AB%E5%B0%94%20

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出版时间:US); 6th International edition (2008年1月3日

I S B N:9780131354180

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From the Back Cover

Thoroughly revised and updated, the Fourth Edition includes:

  • Three new chapters:
    • Exotic Options and Other Non-Standard Products
    • Credit, Weather, Energy, and Insurance Derivatives
    • Derivative Mishaps and What We Can Learn from Them
  • Important new material on interest rate markets, volatility smiles, and value at risk.
  • Many new problems reinforcing key concepts.
  • A Solutions Manual containing worked-out answers for end-of-chapter questions and problems can now be purchased (ISBN 0-13-060603-0).
  • New Excel-based software, DerivaGem, has been carefully designed to complement the material in the text. Updates to the software can be downloaded at: http://www.rotman.utoronto.ca/~hull

For more information on this and other Prentice Hall titles, please visit the Prentice Hall Web site at:
www.prenhall.com (Select "Finance" in the discipline finder).

--This text refers to an out of print or unavailable edition of this title.

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目录

Preface *Introduction *Mechanics of Futures and Forward Markets *Hedging Strategies Using Futures *Interest Rates *Determination of Forward and Futures Prices *Interest Rate Futures *Swaps *Mechanics of Options Markets *Properties of Stock Options *Trading Strategies Involving Options *Introduction to Binomial Trees *Valuing Stock Options: The Black-Scholes Model *Options on Stock Indices and Currencies *Futures Options *The Greek Letters *Binomial Trees in Practice *Volatility Smiles *Value at Risk *Interest-Rate Options *Exotic Options and Other Non-Standard Instruments *Credit Derivatives *Insurance, Weather, Energy, and Credit Derivatives *Derivatives Disasters and What We Can Learn From Them Glossary of Terms DerivaGem Software Major Exchanges Trading Futures and Options Table for N(x) when x<0 Table for N(x) when x>0 Index

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