{"product_id":"financial-derivatives-isbn-9780470499108","title":"Financial Derivatives","description":"\u003cp\u003eEssential insights on the various aspects of financial derivatives\u003c\/p\u003e \u003cp\u003eIf you want to understand derivatives without getting bogged down by the mathematics surrounding their pricing and valuation, \u003ci\u003eFinancial Derivatives\u003c\/i\u003e is the book for you. Through in-depth insights gleaned from years of financial experience, Robert Kolb and James Overdahl clearly explain what derivatives are and how you can prudently use them within the context of your underlying business activities.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eFinancial Derivatives\u003c\/i\u003e introduces you to the wide range of markets for financial derivatives. This invaluable guide offers a broad overview of the different types of derivatives-futures, options, swaps, and structured products-while focusing on the principles that determine market prices. This comprehensive resource also provides a thorough introduction to financial derivatives and their importance to risk management in a corporate setting. Filled with helpful tables and charts, \u003ci\u003eFinancial Derivatives\u003c\/i\u003e offers a wealth of knowledge on futures, options, swaps, financial engineering, and structured products.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eDiscusses what derivatives are and how you can prudently implement them within the context of your underlying business activities\u003c\/li\u003e \u003cli\u003eProvides thorough coverage of financial derivatives and their role in risk management\u003c\/li\u003e \u003cli\u003eExplores financial derivatives without getting bogged down by the mathematics surrounding their pricing and valuation\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eThis informative guide will help you unlock the incredible potential of financial derivatives.\u003c\/p\u003e  \u003cp\u003eIntroduction xxii\u003c\/p\u003e \u003cp\u003eAcknowledgments xxiv\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART I Overview of Financial Derivatives 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e1 Derivative Instruments: Forwards, Futures, Options, Swaps, and Structured Products 3\u003cbr\u003e \u003ci\u003eG. D. Koppenhaver\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e2 The Derivatives Marketplace: Exchanges and the Over-the-Counter Market 21\u003cbr\u003e \u003ci\u003eSharon Brown-Hruska\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e3 Speculation and Hedging 43\u003cbr\u003e \u003ci\u003eGreg Kuserk\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e4 The Social Functions of Financial Derivatives 57\u003cbr\u003e \u003ci\u003eChristopher L. Culp\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART II Types of Financial Derivatives 73\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e5 Agricultural and Metallurgical Derivatives: Pricing 77\u003cbr\u003e \u003ci\u003eJoan C. Junkus\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e6 Agricultural and Metallurgical Derivatives: Speculation and Hedging 89\u003cbr\u003e \u003ci\u003eJoan C. Junkus\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e7 Equity Derivatives 103\u003cbr\u003e \u003ci\u003eJeffrey H. Harris and L. Mick Swartz\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e8 Foreign Exchange Derivatives 115\u003cbr\u003e \u003ci\u003eRobert W. Kolb\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e9 Energy Derivatives 125\u003cbr\u003e \u003ci\u003eCraig Pirrong\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e10 Interest Rate Derivatives 135\u003cbr\u003e \u003ci\u003eIan Lang\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e11 Exotic Options 143\u003cbr\u003e \u003ci\u003eRobert W. Kolb\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e12 Event Derivatives 157\u003cbr\u003e \u003ci\u003eJustin Wolfers and Eric Zitzewitz\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e13 Credit Default Swaps 177\u003cbr\u003e \u003ci\u003eSteven Todd\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e14 Structured Credit Products 199\u003cbr\u003e \u003ci\u003eSteven Todd\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e15 Executive Stock Options 211\u003cbr\u003e \u003ci\u003eRobert W. Kolb\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e16 Emerging Derivative Instruments 221\u003cbr\u003e \u003ci\u003eSteve Swidler\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART III The Structure of Derivatives Markets and Institutions 231\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e17 The Development and Current State of Derivatives Markets 233\u003cbr\u003e \u003ci\u003eMichael A. Penick\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e18 Derivatives Markets Intermediaries: Brokers, Dealers, Pools, and Funds 249\u003cbr\u003e \u003ci\u003eJames L. Carley\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e19 Clearing and Settlement 263\u003cbr\u003e \u003ci\u003eJames T. Moser and David Reiffen\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e20 Counterparty Credit Risk 283\u003cbr\u003e \u003ci\u003eJames Overdahl\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e21 The Regulation of U.S. Commodity Futures and Options 295\u003cbr\u003e \u003ci\u003eWalter L. Lukken\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e22 Accounting for Financial Derivatives 305\u003cbr\u003e \u003ci\u003eIra G. Kawaller\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e23 Derivative Scandals and Disasters 313\u003cbr\u003e \u003ci\u003eJohn E. Marthinsen\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART IV Pricing of Derivatives: Essential Concepts 333\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e24 No-Arbitrage Pricing 335\u003cbr\u003e \u003ci\u003eRobert A. Strong\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e25 The Pricing of Forward and Futures Contracts 351\u003cbr\u003e \u003ci\u003eDavid Dubofsky\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e26 The Black-Scholes Option Pricing Model 371\u003cbr\u003e \u003ci\u003eA. G. Malliaris\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e27 The Black-Scholes Legacy: Closed-Form Option PricingModels 387\u003cbr\u003e \u003ci\u003eAntónio Câmara\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e28 The Pricing and Valuation of Swaps 405\u003cbr\u003e \u003ci\u003eGerald Gay and Anand Venkateswaran\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART V Advanced Pricing Techniques 423\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e29 Monte Carlo Techniques in Pricing and Using Derivatives 425\u003cbr\u003e \u003ci\u003eCara M. Marshall\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e30 Valuing Derivatives Using Finite Difference Methods 441\u003cbr\u003e \u003ci\u003eCraig Pirrong\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e31 Stochastic Processes and Models 455\u003cbr\u003e \u003ci\u003eGeorge Chalamandaris and A. G. Malliaris\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e32 Measuring and Hedging Option Price Sensitivities 477\u003cbr\u003e \u003ci\u003eR. Brian Balyeat\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART VI Using Financial Derivatives 501\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e33 Option Strategies 503\u003cbr\u003e \u003ci\u003eStewart Mayhew\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e34 The Use of Derivatives in Financial Engineering: Hedge Fund Applications 525\u003cbr\u003e \u003ci\u003eJohn F. Marshall and Cara M. Marshall\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e35 Hedge Funds and Financial Derivatives 541\u003cbr\u003e \u003ci\u003eTom Nohel\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e36 Real Options and Applications in Corporate Finance 559\u003cbr\u003e \u003ci\u003eBetty Simkins and Kris Kemper\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e37 Using Derivatives to Manage Interest Rate Risk 575\u003cbr\u003e \u003ci\u003eSteven L. Byers\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eIndex 591\u003c\/p\u003e \u003cp\u003e\u003cb\u003eRobert W. Kolb\u003c\/b\u003e (Chicago, IL) is the Frank W. Considine Chair of Applied Ethics and Professor of Finance at Loyola University Chicago. Before this, he was the Assistant Dean, Business and Society, and Director, Center for Business and Society, at the University of Colorado at Boulder, and department chairman at the University of Miami. Kolb is also the author of over twenty books on finance, derivatives, and futures, and has authored numerous articles in leading finance journals.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eJames A. Overdhal\u003c\/b\u003e (Washington, DC) a specialist in financial derivatives, is the Chief Economist of the United States Securities and Exchange Commission. He had previously served as chief economist of the Commodity Futures Trading Commission and has nearly two decades of experience in senior positions at various federal financial regulatory agencies.  He has taught economics and finance at the University of Texas at Dallas, Georgetown University, Johns Hopkins University, and George Washington University. Overdahl earned his PhD in economics from Iowa State University.\u003c\/p\u003e  \u003cp\u003e\u003cb\u003ePRAISE FOR\u003c\/b\u003e FINANCIAL DERIVATIVES\u003c\/p\u003e \u003cp\u003eThe Robert W. Kolb Series in Finance is an unparalleled source of information dedicated to the most important issues in modern finance. Each book focuses on a specific topic in the field of finance, and contains contributed chapters from both respected academics and experienced financial professionals. As part of the Robert W. Kolb Series in Finance, Financial Derivatives aims to provide a comprehensive understanding of financial derivatives and how you can prudently use them within the context of your underlying business activities.\u003c\/p\u003e \u003cp\u003eFor the public at large, financial derivatives have long been the most mysterious and least understood of all financial instruments. Through in-depth insights gleaned from years of financial experience, the contributors in this collection clearly explain what derivatives are without getting bogged down by the mathematics surrounding their pricing and valuation.\u003c\/p\u003e \u003cp\u003eFinancial Derivatives offers a broad overview of the different types of derivatives—futures, options, swaps, and structured products—while focusing on the principles that determine market prices. This comprehensive resource also provides a thorough introduction to financial derivatives and their importance to risk management in a corporate setting. Filled with in-depth analysis and examples, Financial Derivatives offers readers a wealth of knowledge on futures, options, swaps, financial engineering, and structured products.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989209628901,"sku":"NP9780470499108","price":95.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780470499108.jpg?v=1761783217","url":"https:\/\/k12savings.com\/es\/products\/financial-derivatives-isbn-9780470499108","provider":"K12savings","version":"1.0","type":"link"}