This text aims to cover all aspects of the valuation of options, futures and other derivative securities. It is structured so that it may be used with or without a knowledge of calculus, and to provide a clear, non-technical explanation of the Cox, Ingersoll and Ross equilibrium models. Other features include an explanation of the Heath, Jarrow and Morton work and a full discussion of yield-curve-based model. There is also expanded coverage of futures markets, hedging and duration. The book is designed for undergraduate and post-graduate courses in options and futures, derivative securities or speculative markets.
- ISBN10 0132643677
- ISBN13 9780132643672
- Publish Date August 1996 (first published January 1993)
- Publish Status Out of Print
- Out of Print 31 October 2009
- Publish Country US
- Imprint Pearson Education (US)
- Edition 3rd Revised edition
- Format Paperback
- Pages 456
- Language English