Options, Futures, and Other Derivatives. Global Edition
Par :Formats :
- Réservation en ligne avec paiement en magasin :
- Indisponible pour réserver et payer en magasin
- Nombre de pages880
- PrésentationBroché
- FormatGrand Format
- Poids1.698 kg
- Dimensions20,1 cm × 25,4 cm × 4,7 cm
- ISBN978-1-292-41065-4
- EAN9781292410654
- Date de parution17/06/2021
- ÉditeurPearson
Résumé
This is a special edition of an established tide widely used by colleges and universities throughout the world. Pearson published this exclusive edition for the benefit of students outside the United States and Canada. If you purchased this book within the United States or Canada, you should be aware that it has …
This is a special edition of an established tide widely used by colleges and universities throughout the world. Pearson published this exclusive edition for the benefit of students outside the United States and Canada. If you purchased this book within the United States or Canada, you should be aware that it has been imported without the approval of the Publisher or Author. A perennial best-seller and a go-to book not only for instructors and students but also for business and economics professionals, Options, Futures, and Other Derivatives gives readers a modern look at the derivatives market.
By incorporating the industry's hottest topics, such as the securitization and credit crisis, author John C. Hull helps bridge the gap between theory and practice. The eleventh edition covers the latest regulations and trends in the field, including around the Black-Scholes-Merton formulas, overnight indexed swaps, and the valuation of commodity derivatives. The blending of content useful for industry practitioners with content appropriate for university courses, with contemporary examples and discussions, makes this the definitive guide to the derivatives market.
New to This Edition. - The phase-out of the London Interbank Offered Rate (LIBOR), a major change across financial markets, is incorporated throughout the eleventh edition. - There are discussions on the overnight reference rates that will replace LIBOR, the way they are used to determine zero curves, and their impact on valuation models. - In-chapter examples and end-of-chapter problems that were based on LIBOR have been largely replaced by examples based on the new reference rates.
- The DerivaGem software, the latest version of which is now available for download from the author website, is less LIBOR-focused. - The chapter on Wiener processes now includes a brand new section on fractional Brownian motion, which is being increasingly used in modeling volatility. - Rough volatility models, which in the last few years have been found to fit volatility surfaces well, have been added to the models considered the chapter on models and numerical procedures.
- More than 30 percent of the tables, charts, market data, and examples have been updated throughout the book.
By incorporating the industry's hottest topics, such as the securitization and credit crisis, author John C. Hull helps bridge the gap between theory and practice. The eleventh edition covers the latest regulations and trends in the field, including around the Black-Scholes-Merton formulas, overnight indexed swaps, and the valuation of commodity derivatives. The blending of content useful for industry practitioners with content appropriate for university courses, with contemporary examples and discussions, makes this the definitive guide to the derivatives market.
New to This Edition. - The phase-out of the London Interbank Offered Rate (LIBOR), a major change across financial markets, is incorporated throughout the eleventh edition. - There are discussions on the overnight reference rates that will replace LIBOR, the way they are used to determine zero curves, and their impact on valuation models. - In-chapter examples and end-of-chapter problems that were based on LIBOR have been largely replaced by examples based on the new reference rates.
- The DerivaGem software, the latest version of which is now available for download from the author website, is less LIBOR-focused. - The chapter on Wiener processes now includes a brand new section on fractional Brownian motion, which is being increasingly used in modeling volatility. - Rough volatility models, which in the last few years have been found to fit volatility surfaces well, have been added to the models considered the chapter on models and numerical procedures.
- More than 30 percent of the tables, charts, market data, and examples have been updated throughout the book.
