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Global fixed-income markets, both securities and their derivatives, have registered phenomenal growth over the past two decades, yet many instruments and strategies are often misunderstood and, as a result, mishandled for the purposes of effective risk management.
This comprehensive new book explains and clarifies the essential building blocks underlying the pricing and risk analysis of fixed-income securities and derivatives-using mathematics lightly, to make things easier, not harder. The emphasis throughout is on how-to-do, on building operational knowledge from the ground up. There are more than 300 examples and exhibits based on current market data.
The international dimension is also an integral part of the analysis. A true global financial village has emerged, heavily dependent for its operations on real-time international telecommunications networks. The focus of this book is on instruments which can be freely traded internationally, generally without controls, taxes, or other restrictions. You will find essential information on:
* The global money market
* Foreign exchange transactions and foreign exchange derivatives
* Bonds and zero coupon bonds-including a risk management-driven discussion
of duration and convexity
* Interest rate swaps, currency swaps, and exchange-traded futures
* Stochastic models and option pricing
* Stochastic models of the yield curve
Written for a wide range of finance professionals and packed with a wealth of exhibits, this is the ideal resource for anyone seeking a firmer grasp of this important topic.
Would you like to receive monthly updates of new financial books from John Wiley & Sons? E-mail your request to: wileyfinance@wiley.com
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(out of 2 reviews)
List Price: $ 69.95
Price: $ 38.63
by admin
Contrary to popular opinion, markets rarely experience significant periods down; half of the time they do rise but the other half of the time they go nowhere – trading seemingly mindlessly in a range with quick ups and breathtaking downs, only to come back to where they were. These periods last far too long to just buy and hold, since that kind of a strategy leads to 0 returns or worse. What’s an investor to do when you have to save for college educations and retirement but the markets are going nowhere?
Vitaliy Katsenelson has the answer: a value investing strategy with a focus on when to sell will get you through the whipsaws of sideways markets and coming out well ahead. Vitaliy clearly explains the market cycles and then provides you with a simple strategy that Tevya the Milkman uses to invest that follows three simple rules for quality, growth, and value. Katsenelson also marks the traps and pitfalls that lay in wait so you can avoid them and take a look over the horizon at the oncoming crises in Japan and China. Sideways markets aren’t as fun as bull markets but once you understand how to make money in them, much like turning lemons into lemonade, you’ll find your portfolio grows nicely even when the market is stalled.
List Price: $ 19.95
Price: $ 13.57
by admin
In Financial Markets and Institutions, best-selling authors Mishkin and Eakins provide a practical introduction to prepare students for today’s changing landscape of financial markets and institutions. A unifying framework uses a few core principles to organize students’ thinking then examines the models as real-world scenarios from a practitioner’s perspective. By analyzing these applications, students develop the critical-thinking and problem-solving skills necessary to respond to challenging situations in their future careers. The Sixth Edition features new quantitative examples and ExcelA (R) screenshots to enhance student comprehension; enhanced coverage of ethics, behavioral finance, and arbitrage in markets; and additional examples and cases to extend theory into application.
Rating: 
(out of 14 reviews)
List Price: $ 194.00
Price: $ 120.13
