Financial Derivatives Hardback: Pricing, Applications, and Mathematics - Hardcover

Baz; Chacko

Hardcover

ISBN 10: 052181510X ISBN 13: 9780521815109

Verlag: Cambridge University Press, 2004

Inhaltsangabe

This book is a graduate level manual on the pricing of financial derivatives. It allows the reader with basic knowledge of finance, calculus, and probability and statistics to understand the most powerful tools in applied finance. The focus is on equity derivatives, interest rate markets, and the mathematics of pricing.

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Críticas:

'This introduction to the modeling of financial derivatives is ideal for quantitatively oriented traders, bank researchers, and masters or doctoral students in this field. The book has an elegant balance of concepts and applications that allows a full understanding of why the models work, without an overburden of technical details. Broader than its title suggests, the book contains a strong grounding in models of stochastic processes for financial applications, including portfolio choice and asset pricing theory.' Darrell Duffie, Stanford University

'In Financial Derivatives, Jamil Baz and George Chacko have shown their powerful command of the subject by combining a rigorous mathematical development with an intuitive presentation format that makes the complex analysis of derivative securities truly accessible to both the academic and practitioner who wants a deep foundation and breadth of applications. The discriminating choices of which financial instruments to include and the carefully selected examples to anchor each concept reflect their combined experiences as serious academic researchers, skilled practitioners, and seasoned teachers. The reader is in for a treat: Bon Appétit!' Robert Menton, Nobel Laureate, Harvard Business School

'Jamil Baz and George Chacko have written an invaluable book that combines the technical and the practical aspects of derivatives pricing, interest rate models, and pricing complex financial instruments in a manner that is accessible to the sophisticated and the lay reader. They handle the material in a pedagogical manner which makes it appropriate for graduate level finance courses and practitioners. This book is a must read for those looking to educate themselves on these topics.' Franco Modigliani, Nobel Laureate, MIT

'This book is a summa in the field of financial derivatives that will become the standard reference. The authors have masterfully written a reader-friendly book, accessible to graduate students in finance as well as the practitioner without sacrificing the rigor required to explain the underlying theory.' Sadek Wahba, Managing Director of Morgan Stanley, New York

'... altogether impressive ...' Zentralblatt MATH

Biografía del autor:

Jamil Baz is the chief investment strategist of GLG, a London-based hedge fund. Prior to holding this position, he was a portfolio manager with PIMCO in London, a managing director in the Proprietary Trading Group of Goldman Sachs, chief investment strategist of Deutsche Bank, and executive director of Lehman Brothers fixed income research division. Dr Baz teaches financial economics at Oxford University. He has degrees from the London School of Economics (M.Sc.), MIT (S.M.), and Harvard University (A.M., Ph.D.).

Über diese Auflage

• Verlag: Cambridge University Press
• Erscheinungsdatum: 2004
• ISBN 10: 052181510X
• ISBN 13: 9780521815109
• Einband: Tapa dura
• Anzahl der Seiten: 350