Derivatives Markets(2nd Edition)

Authors:

Robert L. McDonald

Free derivatives markets 2nd edition robert l. mcdonald 032128030x, 978-0321280305
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Book details

ISBN: 032128030X, 978-0321280305

Book publisher: Pearson; 2nd edition (December 25, 2005)

Book Price $0 : Robert L. McDonald's 'Derivatives Markets (2nd Edition)' stands as a comprehensive guide for understanding the intricate tapestry of derivatives and their markets. The book covers various derivative securities, such as options, futures, and swaps, alongside their applications in risk management and investment. It provides readers with an in-depth exploration of pricing models like the Black-Scholes model and binomial trees, essential for mastering the valuation of derivatives. The text is enriched with practical examples that illuminate these complex financial tools and illustrate their application in real-world scenarios. A table of content meticulously divides the complex topics, offering easy navigation and a clear learning path. For learners, a solution manual and Answer Key are invaluable resources that offer step-by-step guidance on how to tackle the end-of-chapter problems, reinforcing their understanding of concepts. The book also dives into financial engineering and arbitrage, showcasing how these strategies can lead to significant gains in the markets. 'Derivatives Markets' has been lauded for its clarity, rigorous detail, and practical approach, making it a critical asset for students, professionals, and anyone interested in finance. Within the evolving realm of finance, the knowledge imparted in this book is indispensable, catering significantly to those seeking proficiency in financial derivatives.