Options, Futures, and Other Derivatives (9th Edition)

Here’s how:NEW! Available with a new version of DerivaGem software—including two Excel applications, the Options Calculator and the Applications BuilderBridges the gap between theory and practice—a best-selling college text, and considered “the bible” by practitioners, it provides the latest information in the industryProvides the right balance of mathematical sophistication—careful attention to mathematics and notation Offers outstanding ancillaries toround out the high quality of the teaching and learning package. Through its coverage of important topics such as the securitization and the credit crisis, the overnight indexed swap, the Black-Scholes-Merto

A Must Have for any Risk Manager's Library One cannot fully understand the quantitative aspects of risk management without having this book in your reference library. It's thorough, easy to read and has all the necessary mathematics for reproduce the risk measures, pricing and valuation for most exchange traded securities out there. I fails only in the introduction to cover the requisite history of ris. Not a easy read if you do not know about options Very well written. Not a easy read if you do not know about options. But covers the concepts very well , and not just on surface,. The end of the chapters problems are pretty helpful too.. classical book I was planning to buy this book for a few years.This is a classical book on Derivatives. A must have for anyone that is interested in learning how derivatives work and how to price them.It provides good reasoning and intuitive ideas on risk-neutral pricing. I tried learning that from other books before but the main ideas are so well explained here that now I c