000			01822nam a2200169Ia 4500
020			_a978-0-521-68222-0
100			_aDalton, Bill
245			_aFinancial Products: an introduction using mathematics and excel
260			_c2008 _bCambridge University Press _aCambridge
300			_a399 p. _b25 cm ; Pbk
500			_a1799.25 3/13/2009 12:00:00 AM Bill No.2008/CRB/0002898, dt:10/03/2009 Cambridge University Press
505			_aIntroduction; 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
520			_aFinancial 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.
650			_aFinance Management _aBanks and banking _aFinance - Mathematical Models _aInvestments
700			_aBill Dalton
942			_cBK
999			_c96807 _d96807