000 01837 a2200193 4500
020 _a0673460177
020 _a9780673460172
082 0 4 _a332.645
090 _c3185
_d3185
100 1 _aRitchken, Peter.
245 1 0 _aDerivative markets :
_btheory, strategy, and applications /
_cPeter Ritchken.
260 _a[S.l.] :
_bHarpercollins College Div,
_c1996.
300 _a640 p. ;
_c24 cm.
500 _aHardcover.
520 _aThis text explains how to manage portfolios using options in financial markets. Covering all products traded in the derivative markets (options, futures, futures on options), the text shows how to use contracts as risk-transferring devices and how to value options in financial markets.Int eresting applications include how to value treasury and corporate bonds, convertibles, warrants and operating leases. Ritchken also acknowledges the need to ease readers into the mathematical expressions through more practical inclinations in the business world and also from the students perspective. The author uses a consistent five-step method of introducing new concepts. Much like a geometry textbook, this book builds upon properties, followed by proofs of the property, sometimes with possible trading strategies, tabular or graphical exhibits and applied examples. This accessible presentation provides students with practical examples, presents the underlying corporate institution and overviews derivatives engineering processes. Coverage of the various pricing relationship is backed by arbitrage proofs where needed and all the models are carefully derived, and easy to follow.
856 4 0 _3Amazon.com
_uhttp://www.amazon.com/exec/obidos/ASIN/0673460177/chopaconline-20
856 4 0 _3Amazon customer reviews
_uhttp://www.chopac.org/cgi-bin/tools/azrev.pl?q=0673460177
942 _aNBS
_cBK
_k332.645 RIT
999 _c345673
_d345673