Financial Products: an introduction using mathematics and excel

By:

Dalton, Bill

Contributor(s):

Bill Dalton

Material type: Text

TextPublication details: 2008 Cambridge University Press CambridgeDescription: 399 p. 25 cm ; PbkISBN:

978-0-521-68222-0

Subject(s):

Finance Management Banks and banking Finance - Mathematical Models Investments

Contents:

Introduction; An introduction to Exce 1. A foundation 2. Forward contracts 3. The futures market 4. Bonds 5. The forward rate forward rate agreements swaps caps and floors 6. Option 7. Option pricing 8. Credit derivatives Solutions Index

Summary: Financial Products provides a step-by-step guide to some of the most important ideas in financial mathematics. It describes and explains interest rates discounting arbitrage risk neutral probabilities forward contracts futures bonds FRA and swaps. It shows how to construct both elementary and complex (Libor) zero curves. Options are described illustrated and then priced using the Black Scholes formula and binomial trees. Finally there is a chapter describing default probabilities credit ratings and credit derivatives (CDS TRS CSO and CDO). An important feature of the book is that it explains this range of concepts and techniques in a way that can be understood by those with only a basic understanding of algebra. Many of the calculations are illustrated using Excel spreadsheets as are some of the more complex algebraic processes. This accessible approach makes it an ideal introduction to financial products for undergraduates and those studying for professional financial qualifications.

Tags from this library: No tags from this library for this title. Log in to add tags.

Holdings
Item type	Current library	Collection	Call number	Status	Date due	Barcode
Books	H.T. Parekh Library	GSB Collection	332.63 DAL (Browse shelf(Opens below))	Available		38332

1799.25 3/13/2009 12:00:00 AM Bill No.2008/CRB/0002898, dt:10/03/2009 Cambridge University Press

Introduction; An introduction to Exce
1. A foundation
2. Forward contracts
3. The futures market
4. Bonds
5. The forward rate forward rate agreements swaps caps and floors
6. Option
7. Option pricing
8. Credit derivatives
Solutions
Index

Financial Products provides a step-by-step guide to some of the most important ideas in financial mathematics. It describes and explains interest rates discounting arbitrage risk neutral probabilities forward contracts futures bonds FRA and swaps. It shows how to construct both elementary and complex (Libor) zero curves. Options are described illustrated and then priced using the Black Scholes formula and binomial trees. Finally there is a chapter describing default probabilities credit ratings and credit derivatives (CDS TRS CSO and CDO). An important feature of the book is that it explains this range of concepts and techniques in a way that can be understood by those with only a basic understanding of algebra. Many of the calculations are illustrated using Excel spreadsheets as are some of the more complex algebraic processes. This accessible approach makes it an ideal introduction to financial products for undergraduates and those studying for professional financial qualifications.

There are no comments on this title.

to post a comment.