Introduction to Futures and Options Markets (3rd Edition)

About this book

A text/disk package for undergraduate and graduate students in elective courses in business and economics covering much of the same material as the authors previous text Options Futures and Other Derivatives but in a way that readers with limited training in mathematics will find easier to understand. Part I covers futures and swaps markets and Part II the bulk of the book covers options markets. Includes chapter quiz questions and explained answers additional questions and problems mathematical appendices and a glossary. This third edition features a new chapter on value at risk and new material on swaps volatility smiles and standard market models for bond options interest-rate caps and floors and European swap options. The accompanying disk contains new Windows-based software specifically designed to complement the text allowing readers to value different options display binomial trees and plot relationships between variables. Annotation c. by Book News Inc. Portland Or.