期刊全称 | A Course in Derivative Securities | 期刊简称 | Introduction to Theo | 影响因子2023 | Kerry Back | 视频video | | 发行地址 | The book is unusual in combining derivations of the pricing and hedging formulas, computer code implementing the formulas, and an introduction to computational methods.The computational tools suppleme | 学科分类 | Springer Finance | 图书封面 |  | 影响因子 | This book is an outgrowth of notes compiled by the author while teaching courses for undergraduate and masters/MBA ?nance students at Washi- ton University in St. Louis and the Institut fur ¨ H¨ ohere Studien in Vienna. At onetime,acourseinOptionsandFutureswasconsideredanadvanced?nance elective, but now such a course is nearly mandatory for any ?nance major and is an elective chosen by many non-?nance majors as well. Moreover, students are exposed to derivative securities in courses on Investments, International Finance, Risk Management, Investment Banking, Fixed Income, etc. This - pansion of education in derivative securities mirrors the increased importance of derivative securities in corporate ?nance and investment management. MBA and undergraduate courses typically (and appropriately) focus on the use of derivatives for hedging and speculating. This is su?cient for many students. However, the seller of derivatives, in addition to needing to und- standbuy-sidedemands,isconfrontedwiththeneedtopriceandhedge.Mo- over,thebuyerofderivatives,dependingonthedegreeofcompetitionbetween sellers, may very likely bene?t from some knowledge of pricing as well. It is “pricing and hedging” tha | Pindex | Textbook 2005 |
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