An Introduction to Derivative Securities, Financial Markets, and Risk Management
| Author | : | |
| Rating | : | 4.67 (590 Votes) |
| Asin | : | 0393913074 |
| Format Type | : | paperback |
| Number of Pages | : | 880 Pages |
| Publish Date | : | 2015-01-28 |
| Language | : | English |
DESCRIPTION:
. Jarrow is Chaired Professor of Finance at Cornell University. He is the co-developer of one of the most widely used pricing models in all of finance, the Heath-Jarrow-Morton (HJM) model for pricing interest-rate derivatives. He is the author of two advanced books, Modelling Fixed Income Securities and Interest Rate Options (McGraw, 1996) and Derivative Securities (with Stuart Turnbull, Southwest
And, as one of the developers of the Heath-Jarrow-Morton Model, Robert Jarrow presents a novel, accessible way to understand this important topic.. The math is presented at the right level and is always motivated by what’s happening in the financial markets. The first real introductory text in derivatives. Written by Robert Jarrow, one of the true titans of finance, and his former student Arkadev Chatterjea, Introduction to Derivatives is the first text developed from the ground up for students taking the introductory derivatives course
Rinald Murataj said Concise, talks about usage of models (why and how to use BS), market manipulation and price bubbles. Much better than Hull. This is a superb book for many reasons but the most important one is it makes you think properly about Derivatives and Financial Markets.Since Hull's book is considered as the "bible" in many business school, I would like to mention some characteristics that you have her. Amazing book! It is both rigorous mathematically Wow! Amazing book! It is both rigorous mathematically, as well as, extremely-well organized and written. This book is an order of magnitude better than the famous, popular options texts and has no hand waving or short cuts. It reduces the effort required to learn the mat. Amazon Customer said but the book itself was easy to follow and. Overpriced as usual for the school textbook industry, but the book itself was easy to follow and understand
Jarrow is Chaired Professor of Finance at Cornell University. Cornell) is a former student of Robert Jarrow’s and is currently a Research Fellow at the Center for Excellence in Investment Management at the Kenan-Flagler Business School at the University of North Carolina, Chapel Hill. He is the author of two advanced books, Modelling Fixed Income Securities and Interest Rate Options (McGraw, 1996) and Derivative Securities (with Stuart Turnbull, Southwestern, 2000).Arka Chatterjea (Ph.D. He is the co-developer of one of the most widely used pricing models in all of finance, the Heath-Jarrow-Morton (HJM) model for pricing interest-rate derivatives. About the Author Robert A. . Profess