{"product_id":"derivatives-isbn-9780471786320","title":"Derivatives","description":"Robert Whaley has more than twenty-five years of experience in the world of finance, and with this book he shares his hard-won knowledge in the field of derivatives with you. Divided into ten information-packed parts, \u003ci\u003eDerivatives\u003c\/i\u003e shows you how this financial tool can be used in practice to create risk management, valuation, and investment solutions that are appropriate for a variety of market situations. \u003cp\u003ePreface ix\u003c\/p\u003e \u003cp\u003eAcknowledgments xxv\u003c\/p\u003e \u003cp\u003eAbout the Author xxvii\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart One Derivative Markets 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 1 Derivative Contracts and Markets 3\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Two Fundamentals of Valuation 49\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 2 Assumptions and Interest Rate Mechanics 51\u003c\/p\u003e \u003cp\u003eChapter 3 Relation between Return and Risk 89\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Three Forwards\/Futures\/Swap Valuation 119\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 4 No-Arbitrage Price Relations: Forwards, Futures, Swaps 121\u003c\/p\u003e \u003cp\u003eChapter 5 Risk Management Strategies: Futures 143\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Four Option Valuation 173\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 6 No-Arbitrage Price Relations: Options 175\u003c\/p\u003e \u003cp\u003eChapter 7 Valuing Standard Options Analytically 201\u003c\/p\u003e \u003cp\u003eChapter 8 Valuing Nonstandard Options Analytically 261\u003c\/p\u003e \u003cp\u003eChapter 9 Valuing Options Numerically 303\u003c\/p\u003e \u003cp\u003eChapter 10 Risk Management Strategies: Options 347\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Five Stock Derivatives 381\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 11 Stock Products 383\u003c\/p\u003e \u003cp\u003eChapter 12 Corporate Securities 419\u003c\/p\u003e \u003cp\u003eChapter 13 Compensation Agreements 451\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Six Stock Index Derivatives 467\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 14 Stock Index Products: Futures and Options 469\u003c\/p\u003e \u003cp\u003eChapter 15 Stock Index Products: Strategy Based 517\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Seven Currency Derivatives 563\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 16 Currency Products 565\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Eight Interest Rate Derivatives 601\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 17 Interest Rate Products: Futures and Options 603\u003c\/p\u003e \u003cp\u003eChapter 18 Interest Rate Products: Swaps 637\u003c\/p\u003e \u003cp\u003eChapter 19 Credit Products 679\u003c\/p\u003e \u003cp\u003eChapter 20 Valuing Interest Rate Products Numerically 705\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Nine Commodity Derivatives 729\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 21 Commodity Products 731\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Ten Lessons Learned 771\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 22 Key Lessons 773\u003c\/p\u003e \u003cp\u003e\u003cb\u003eAppendices\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eA. Elementary Statistics 779\u003c\/p\u003e \u003cp\u003eB. Regression Analysis 821\u003c\/p\u003e \u003cp\u003eC. Statistical Tables 861\u003c\/p\u003e \u003cp\u003eD. Glossary 869\u003c\/p\u003e  \u003cp\u003e\u003cb\u003eROBERT E. WHALEY\u003c\/b\u003e is the Valere Blair Potter Professor of Management at the Owen Graduate School of Management, Vanderbilt University. His current research interests are in the areas of market microstructure, valuation of exotic options, stock splits, and executive stock option valuation. Professor Whaley's research has been published in top academic and practitioner journals, and he is a frequent presenter at major conferences and seminars. He holds a number of editorial positions, including Associate Editor of the \u003ci\u003eJournal of Futures Markets, Journal of Derivatives\u003c\/i\u003e, \u003ci\u003eJournal of Risk\u003c\/i\u003e, \u003ci\u003ePacific-Basin Finance Journal,\u003c\/i\u003e and \u003ci\u003eAdvances in Futures and Options Research\u003c\/i\u003e.   \u003c\/p\u003e\u003cp\u003eDerivatives markets continue to grow at a rapid rate, with thousands of new products or product variations being introduced every year. In order to make sense of this dynamic environment you need a firm understanding of derivative contract valuation and risk management as well as the structure of the markets within which they trade. \u003c\/p\u003e\u003cp\u003eAuthor Robert Whaley has more than twenty-five years of experience in the world of finance, and with this book he shares his hard-won knowledge in the field of derivatives with you. Divided into ten information-packed parts, \u003ci\u003eDerivatives\u003c\/i\u003e will show you how this financial tool can be used in practice to create risk management, valuation, and investment solutions that are appropriate for a variety of market situations. \u003c\/p\u003e\u003cul\u003e \u003cli\u003e\n\u003cb\u003ePart One\u003c\/b\u003e provides a broad overview of derivative contracts and the markets within which they trade\u003c\/li\u003e \u003cli\u003e\n\u003cb\u003ePart Two\u003c\/b\u003e reviews the basic principles of security valuation and helps prepare you for the upcoming discussion of derivative contract valuation and risk measurement\u003c\/li\u003e \u003cli\u003e\n\u003cb\u003ePart Three\u003c\/b\u003e focuses on the valuation of forward contracts and the risk management strategies associated with them\u003c\/li\u003e \u003cli\u003e\n\u003cb\u003ePart Four\u003c\/b\u003e focuses on the valuation of option contracts and the risk management strategies associated with them\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eWith a general valuation\/risk measurement framework in hand, you'll then be introduced to derivative contracts in specific asset categories. The remaining parts (5–9) of this comprehensive guide are arranged by the nature of the asset underlying the derivatives contract—stocks are discussed first, then stock indexes, currencies, interest rates or bonds, and finally, commodities. In each part, Whaley provides a flavor of the history of each derivatives market. He also examines any contract idiosyncrasies that may affect valuation principles and explores specific risk management strategies\/practices as they apply to the markets for particular asset categories. \u003c\/p\u003e\u003cp\u003eDerivatives can be used to manage the different types of risks faced by individuals, corporations, and governments. But to effectively implement them takes discipline. Filled with in-depth insights, practical advice, and a companion website that features OPTVAL™ Excel add-ins and spreadsheets, \u003ci\u003eDerivatives\u003c\/i\u003e offers valuable guidance on applying this key financial tool to a variety of real-world situations.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989041266917,"sku":"NP9780471786320","price":175.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780471786320.jpg?v=1761782547","url":"https:\/\/k12savings.com\/es\/products\/derivatives-isbn-9780471786320","provider":"K12savings","version":"1.0","type":"link"}