An introduction to derivatives and risk management/
by Don M. Chance, Robert Edwin Brooks and Sanjay Dhamija
- 10th ed.
- New Delhi ; 2019 Cengage,
- 610 p.: ill.; 23 cm
Includes bibliography and index.
1. Introduction 2. Structure of derivatives markets 3. Principles of option pricing 4. Option pricing models: the binomial model 5. Option pricing models: the Black-Scholes-Merton model 6. Basic option strategies 7. Advanced option strategies 8. Principles of pricing forwards, futures, and options on futures 9. Futures arbitrage strategies 10. Forward and futures hedging, spread, and target strategies 11. Swaps 12. Interest rate forwards and options 13. Advanced derivatives and strategies 14. Financial risk management techniques and applications 15. Managing risk in an organisation
One book gives you a solid understanding of how derivatives are used to manage the risks of financial decisions. Extremely reader friendly, market-leading INTRODUCTION TO DERIVATIVES AND RISK MANAGEMENT (WITH STOCK-TRAK COUPON), 10e is packed with real-world examples while keeping technical mathematics to a minimum. With a blend of institutional material, theory, and practical applications, the book delivers detailed coverage of options, futures, forwards, swaps, and risk management as well as a balanced introduction to pricing, trading, and strategy. The financial information throughout reflects the most recent changes in the derivatives market--one of the most volatile sectors in the financial world. New "Taking Risk in Life" features illustrate the application of risk management in real-world financial decisions. In addition, Stock-Trak software is available with each new text, giving you hands-on practice managing a hypothetical portfolio