Author: Robert Tompkins
Publisher: Springer
ISBN: 1349136360
Category : Business & Economics
Languages : en
Pages : 603
Book Description
Unlike most books on derivative products, Options Explained 2 is a practical guide, covering theoretical concepts only where they are essential to applying options on a wide variety of assets. Written with the emphasis on a practical, straightforward approach, Options Explained succeeds in demystifying what has traditionally been treated as a highly complex product. The second edition also includes over 100 pages of new material, with sections on exotic options, worldwide accounting practices and issues in volatility estimation.
Exotic Options and Hybrids
Author: Mohamed Bouzoubaa
Publisher: John Wiley & Sons
ISBN: 0470688033
Category : Business & Economics
Languages : en
Pages : 405
Book Description
The recent financial crisis brought to light many of the misunderstandings and misuses of exotic derivatives. With market participants on both the buy and sell-side having been found guilty of not understanding the products they were dealing with, never before has there been a greater need for clarification and explanation. Exotic Options and Hybrids is a practical guide to structuring, pricing and hedging complex exotic options and hybrid derivatives that will serve readers through the recent crisis, the road to recovery, the next bull market and beyond. Written by experienced practitioners, it focuses on the three main parts of a derivative’s life: the structuring of a product, its pricing and its hedging. Divided into four parts, the book covers a multitude of structures, encompassing many of the most up-to-date and promising products from exotic equity derivatives and structured notes to hybrid derivatives and dynamic strategies. Based on a realistic setting from the heart of the business, inside a derivatives operation, the practical and intuitive discussions of these aspects make these exotic concepts truly accessible. Adoptions of real trades are examined in detail, and all of the numerous examples are carefully selected so as to highlight interesting and significant aspects of the business. The introduction of payoff structures is accompanied by scenario analysis, diagrams and lifelike sample term sheets. Readers learn how to spot where the risks lie to pave the way for sound valuation and hedging of such products. There are also questions and accompanying discussions dispersed in the text, each exploited to illustrate one or more concepts from the context in which they are set. The applications, the strengths and the limitations of various models are highlighted, in relevance to the products and their risks, rather than the model implementations. Models are de-mystified in separately dedicated sections, but their implications are alluded to throughout the book in an intuitive and non-mathematical manner. By discussing exotic options and hybrids in a practical, non-mathematical and highly intuitive setting, this book will blast through the misunderstanding of exotic derivatives, enabling practitioners to fully understand and correctly structure, price and hedge theses products effectively, and stand strong as the only book in its class to make these “exotic” concepts truly accessible.
Publisher: John Wiley & Sons
ISBN: 0470688033
Category : Business & Economics
Languages : en
Pages : 405
Book Description
The recent financial crisis brought to light many of the misunderstandings and misuses of exotic derivatives. With market participants on both the buy and sell-side having been found guilty of not understanding the products they were dealing with, never before has there been a greater need for clarification and explanation. Exotic Options and Hybrids is a practical guide to structuring, pricing and hedging complex exotic options and hybrid derivatives that will serve readers through the recent crisis, the road to recovery, the next bull market and beyond. Written by experienced practitioners, it focuses on the three main parts of a derivative’s life: the structuring of a product, its pricing and its hedging. Divided into four parts, the book covers a multitude of structures, encompassing many of the most up-to-date and promising products from exotic equity derivatives and structured notes to hybrid derivatives and dynamic strategies. Based on a realistic setting from the heart of the business, inside a derivatives operation, the practical and intuitive discussions of these aspects make these exotic concepts truly accessible. Adoptions of real trades are examined in detail, and all of the numerous examples are carefully selected so as to highlight interesting and significant aspects of the business. The introduction of payoff structures is accompanied by scenario analysis, diagrams and lifelike sample term sheets. Readers learn how to spot where the risks lie to pave the way for sound valuation and hedging of such products. There are also questions and accompanying discussions dispersed in the text, each exploited to illustrate one or more concepts from the context in which they are set. The applications, the strengths and the limitations of various models are highlighted, in relevance to the products and their risks, rather than the model implementations. Models are de-mystified in separately dedicated sections, but their implications are alluded to throughout the book in an intuitive and non-mathematical manner. By discussing exotic options and hybrids in a practical, non-mathematical and highly intuitive setting, this book will blast through the misunderstanding of exotic derivatives, enabling practitioners to fully understand and correctly structure, price and hedge theses products effectively, and stand strong as the only book in its class to make these “exotic” concepts truly accessible.
Options Explained2
Author: Robert Tompkins
Publisher: Springer
ISBN: 1349136360
Category : Business & Economics
Languages : en
Pages : 603
Book Description
Unlike most books on derivative products, Options Explained 2 is a practical guide, covering theoretical concepts only where they are essential to applying options on a wide variety of assets. Written with the emphasis on a practical, straightforward approach, Options Explained succeeds in demystifying what has traditionally been treated as a highly complex product. The second edition also includes over 100 pages of new material, with sections on exotic options, worldwide accounting practices and issues in volatility estimation.
Publisher: Springer
ISBN: 1349136360
Category : Business & Economics
Languages : en
Pages : 603
Book Description
Unlike most books on derivative products, Options Explained 2 is a practical guide, covering theoretical concepts only where they are essential to applying options on a wide variety of assets. Written with the emphasis on a practical, straightforward approach, Options Explained succeeds in demystifying what has traditionally been treated as a highly complex product. The second edition also includes over 100 pages of new material, with sections on exotic options, worldwide accounting practices and issues in volatility estimation.
The Rainbow Book
Author: Kate Ohrt
Publisher: Accord Publishing, a division of Andrews McMeel
ISBN: 9781449401719
Category : Juvenile Fiction
Languages : en
Pages : 0
Book Description
A whole rainbow of feelings, combined with beautiful cut-paper pages make the perfect gift for any girl. Emotions are as bright and unique as rainbows. The Rainbow Book explores the relationship between colors and sentiments they might inspire. Does yellow suggest happiness? Is blue peaceful? Set against a deep black background, each page reveals an intricate paper-cutting in a single color and the emotion it suggests: "When I feel RED, I am fiery and bold." Each turn of the page reveals another color, leading to a bright rainbow of feelings. A thoughtful gift for everyone from kids to grads, The Rainbow Book culminates with a bright, fold-out rainbow that lets all its colors show.
Publisher: Accord Publishing, a division of Andrews McMeel
ISBN: 9781449401719
Category : Juvenile Fiction
Languages : en
Pages : 0
Book Description
A whole rainbow of feelings, combined with beautiful cut-paper pages make the perfect gift for any girl. Emotions are as bright and unique as rainbows. The Rainbow Book explores the relationship between colors and sentiments they might inspire. Does yellow suggest happiness? Is blue peaceful? Set against a deep black background, each page reveals an intricate paper-cutting in a single color and the emotion it suggests: "When I feel RED, I am fiery and bold." Each turn of the page reveals another color, leading to a bright rainbow of feelings. A thoughtful gift for everyone from kids to grads, The Rainbow Book culminates with a bright, fold-out rainbow that lets all its colors show.
Derivatives and Risk Management:
Author: Madhumathi
Publisher: Pearson Education India
ISBN: 9332506817
Category :
Languages : en
Pages : 542
Book Description
Through the incorporation of real-life examples from Indian organizations, Derivatives and Risk Management provides cutting-edge material comprising new and unique study tools and fresh, thought-provoking content. The organization of the text is designed to conceptually link a firm’s actions to its value as determined in the derivatives market. It addresses the specific needs of Indian students and managers by successfully blending the best global derivatives and risk management practices with an in-depth coverage of the Indian environment.
Publisher: Pearson Education India
ISBN: 9332506817
Category :
Languages : en
Pages : 542
Book Description
Through the incorporation of real-life examples from Indian organizations, Derivatives and Risk Management provides cutting-edge material comprising new and unique study tools and fresh, thought-provoking content. The organization of the text is designed to conceptually link a firm’s actions to its value as determined in the derivatives market. It addresses the specific needs of Indian students and managers by successfully blending the best global derivatives and risk management practices with an in-depth coverage of the Indian environment.
What Makes a Rainbow?
Author: Betty Ann Schwartz
Publisher: Intervisual/Piggy Toes
ISBN: 9781581172201
Category : Juvenile Fiction
Languages : en
Pages : 14
Book Description
A different colored ribbon magically appears with each turn of the page in a story about a rabbit who wants to know all about the colors of the rainbow.
Publisher: Intervisual/Piggy Toes
ISBN: 9781581172201
Category : Juvenile Fiction
Languages : en
Pages : 14
Book Description
A different colored ribbon magically appears with each turn of the page in a story about a rabbit who wants to know all about the colors of the rainbow.
Progress in Cryptology - INDOCRYPT 2011
Author: Daniel J. Bernstein
Publisher: Springer Science & Business Media
ISBN: 3642255779
Category : Computers
Languages : en
Pages : 412
Book Description
This book constitutes the refereed proceedings of the 12th International Conference on Cryptology in India, INDOCRYPT 2011, held in Chennai, India, in December 2011. The 22 revised full papers presented together with the abstracts of 3 invited talks and 3 tutorials were carefully reviewed and selected from 127 submissions. The papers are organized in topical sections on side-channel attacks, secret-key cryptography, hash functions, pairings, and protocols.
Publisher: Springer Science & Business Media
ISBN: 3642255779
Category : Computers
Languages : en
Pages : 412
Book Description
This book constitutes the refereed proceedings of the 12th International Conference on Cryptology in India, INDOCRYPT 2011, held in Chennai, India, in December 2011. The 22 revised full papers presented together with the abstracts of 3 invited talks and 3 tutorials were carefully reviewed and selected from 127 submissions. The papers are organized in topical sections on side-channel attacks, secret-key cryptography, hash functions, pairings, and protocols.
Derivatives
Author: T. V. Somanathan
Publisher: Cambridge University Press
ISBN: 1108416209
Category : Business & Economics
Languages : en
Pages : 347
Book Description
A comprehensive, concise treatment of the subject of derivatives focusing on making essential concepts accessible to wider audiences.
Publisher: Cambridge University Press
ISBN: 1108416209
Category : Business & Economics
Languages : en
Pages : 347
Book Description
A comprehensive, concise treatment of the subject of derivatives focusing on making essential concepts accessible to wider audiences.
Mergers & Acquisitions - a Real Option valuation approach of investment decision under uncertainty
Author: Marc Zajicek
Publisher: diplom.de
ISBN: 3832475753
Category : Business & Economics
Languages : en
Pages : 78
Book Description
Inhaltsangabe:Abstract: The objective of this dissertation is to examine the application of Real Options for the evaluation of companies with regard to acquisitions. There has been an intensive scientific discussion in the past years about the Real Options method for the evaluation of investments and mergers & acquisitions as in practice usually the management tries to capture future developments with static methods of capital budgeting. For example, future cash-flows are discounted with a fixed risk-adjusted discount rate. Therefore, the Real Options approach has been applied very rarely as it has the reputation of high complexity and poor practicability in daily business. However, the use of present values and capitalized values may produce pitfalls in acquisition decisions as strategic investment decisions might be characterized by a wide range of possibilities to react flexibly to a fast changing environment. In chapter 1, the term Mergers & Acquisitions (M&A) is defined and the motives as well as the relevance of M&A transactions for different branches are described in detail. Furthermore, the process and the different phases of a merger or an acquisition are explained. Chapter 2 presents traditional evaluation methods of static net present value, sensitivity analysis, Monte Carlo and decision tree. These classic methods are discussed and a comparison is drawn among these techniques in regard to practicability. At the end of this chapter, a evaluation is presented in regard to specific situations with the mayor parameter of uncertainty and flexibility for the application of these classic methods. The basic concept of option pricing is described in chapter 3. In addition, the Black-Scholes equation and the underlying assumptions are explained in detail in order to understand financial options, which are the basic for the Real Options approach. At the end of the chapter, an example of a call and put option is discussed in order to understand the functioning of options. Chapter 4 presents an introduction and definition of the Real Options method. Furthermore, the value drivers and the value creation due to the application of Real Options are discussed and analyzed in detail. After the discussion of the functioning of Real Options, a comparison of the analogy between financial Options and Real Options is done in order to possible differences. In this context, the limitations of the analogy of financial and Real Options are presented. Finally, [...]
Publisher: diplom.de
ISBN: 3832475753
Category : Business & Economics
Languages : en
Pages : 78
Book Description
Inhaltsangabe:Abstract: The objective of this dissertation is to examine the application of Real Options for the evaluation of companies with regard to acquisitions. There has been an intensive scientific discussion in the past years about the Real Options method for the evaluation of investments and mergers & acquisitions as in practice usually the management tries to capture future developments with static methods of capital budgeting. For example, future cash-flows are discounted with a fixed risk-adjusted discount rate. Therefore, the Real Options approach has been applied very rarely as it has the reputation of high complexity and poor practicability in daily business. However, the use of present values and capitalized values may produce pitfalls in acquisition decisions as strategic investment decisions might be characterized by a wide range of possibilities to react flexibly to a fast changing environment. In chapter 1, the term Mergers & Acquisitions (M&A) is defined and the motives as well as the relevance of M&A transactions for different branches are described in detail. Furthermore, the process and the different phases of a merger or an acquisition are explained. Chapter 2 presents traditional evaluation methods of static net present value, sensitivity analysis, Monte Carlo and decision tree. These classic methods are discussed and a comparison is drawn among these techniques in regard to practicability. At the end of this chapter, a evaluation is presented in regard to specific situations with the mayor parameter of uncertainty and flexibility for the application of these classic methods. The basic concept of option pricing is described in chapter 3. In addition, the Black-Scholes equation and the underlying assumptions are explained in detail in order to understand financial options, which are the basic for the Real Options approach. At the end of the chapter, an example of a call and put option is discussed in order to understand the functioning of options. Chapter 4 presents an introduction and definition of the Real Options method. Furthermore, the value drivers and the value creation due to the application of Real Options are discussed and analyzed in detail. After the discussion of the functioning of Real Options, a comparison of the analogy between financial Options and Real Options is done in order to possible differences. In this context, the limitations of the analogy of financial and Real Options are presented. Finally, [...]
Microdynamics Simulation
Author: Paul Bons
Publisher: Springer Science & Business Media
ISBN: 3540447938
Category : Science
Languages : en
Pages : 407
Book Description
A complete starting package for students and researchers of the earth science community interested in numerical modeling of microstructures. This excellent book deals with the numerical simulation of such microstructures in rocks. It starts with an introduction to existing methods and techniques for optical and electron microscopic analysis. The main part of the book contains examples of numerical modeling of processes and microstructures in rocks, using the software package "ELLE".
Publisher: Springer Science & Business Media
ISBN: 3540447938
Category : Science
Languages : en
Pages : 407
Book Description
A complete starting package for students and researchers of the earth science community interested in numerical modeling of microstructures. This excellent book deals with the numerical simulation of such microstructures in rocks. It starts with an introduction to existing methods and techniques for optical and electron microscopic analysis. The main part of the book contains examples of numerical modeling of processes and microstructures in rocks, using the software package "ELLE".
Investment Valuation
Author: Aswath Damodaran
Publisher: John Wiley & Sons
ISBN: 9780471414902
Category : Business & Economics
Languages : en
Pages : 1014
Book Description
Valuation is a topic that is extensively covered in business degree programs throughout the country. Damodaran's revisions to "Investment Valuation" are an addition to the needs of these programs.
Publisher: John Wiley & Sons
ISBN: 9780471414902
Category : Business & Economics
Languages : en
Pages : 1014
Book Description
Valuation is a topic that is extensively covered in business degree programs throughout the country. Damodaran's revisions to "Investment Valuation" are an addition to the needs of these programs.