Auteur:
Salih Neftci Edition:
Elsevier pages: 697 Format :pdf language :English
Five
new chapters, numerous additions to existing chapters, and an expanded
collection of questions and exercises make this Second Edition an essential
part of everyone's library. Between defining swaps on its first page and
presenting a case study on its last, Neftci's introduction to financial
engineering shows readers how to create financial assets in static and dynamic
environments. Poised among intuition, actual events, and financial mathematics,
this book can be used to solve problems in risk management, taxation,
regulation, and above all, pricing.
- The Second Edition presents 5 new chapters on structured product
engineering, credit markets and instruments, and principle protection techniques,
among other topics
- Additions, clarifications, and illustrations throughout the volume
show these instruments at work instead of explaining how they should act
- The Solutions Manual enhances the text by presenting additional cases
and solutions to exercises