{"product_id":"principles-of-financial-engineering-9780123869685","title":"Principles of Financial Engineering","description":"\u003cp\u003ePrinciples of Financial Engineering  Third Edition  is a highly acclaimed text on the fast-paced and complex subject of financial engineering. This updated edition describes the \"engineering\" elements of financial engineering instead of the mathematics underlying it. It shows how to use financial tools to accomplish a goal rather than describing the tools themselves. It lays emphasis on the engineering aspects of derivatives (how to create them) rather than their pricing (how they act) in relation to other instruments  the financial markets  and financial market practices. This volume explains ways to create financial tools and how the tools work together to achieve specific goals. Applications are illustrated using real-world examples. It presents three new chapters on financial engineering in topics ranging from commodity markets to financial engineering applications in hedge fund strategies  correlation swaps  structural models of default  capital structure arbitrage  contingent convertibles  and how to incorporate counterparty risk into derivatives pricing. Poised midway between intuition  actual events  and financial mathematics  this book can be used to solve problems in risk management  taxation  regulation  and above all  pricing. A solutions manual enhances the text by presenting additional cases and solutions to exercises. This latest edition of Principles of Financial Engineering is ideal for financial engineers  quantitative analysts in banks and investment houses  and other financial industry professionals. It is also highly recommended to graduate students in financial engineering and financial mathematics programs. The Third Edition presents three new chapters on financial engineering in commodity markets  financial engineering applications in hedge fund strategies  correlation swaps  structural models of default  capital structure arbitrage  contingent convertibles and how to incorporate counterparty risk into derivatives pricing  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\u003c\/p\u003e","brand":"My Store","offers":[{"title":"Default Title","offer_id":45666263334965,"sku":"ByrdShop_0123869684","price":263.94,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0627\/8139\/0901\/files\/9780123869685.jpg?v=1782425697","url":"https:\/\/atxbooks.com\/products\/principles-of-financial-engineering-9780123869685","provider":"ATX Books","version":"1.0","type":"link"}