Price: $98.95

Format:
Hardback 656 pp.
200 line illus., 7" x 10"

ISBN-10:
019530165X

ISBN-13:
9780195301656

Publication date:
April 2008

Imprint: OUP US

Share on Facebook

Add to Favourites Tell a Friend


Introduction to Derivatives

Options, Futures, and Swaps

R. Stafford Johnson

Introduction to Derivatives: Options, Futures, and Swaps offers a comprehensive coverage of derivatives. The text covers a broad range of topics, including basic and advanced option and futures strategies, the binomial option pricing model, the Black-Scholes-Merton model, exotic options, binomial interest rate trees, dynamic portfolio insurance, the management of equity, currency, and fixed-income positions with derivatives, interest rate, currency, and credit default swaps, embedded options, and asset-backed securities and their derivatives.

With over 300 end-of-chapter problems and web exercises, an appendix explaining Bloomberg derivative information and functions, and an accompanying software derivatives program, this book has a strong pedagogical content that will take students from a fundamental to an advanced understanding of derivatives.

Readership : Suitable for courses in Investments, Theory, Introduction to Derivatives, and Derivatives and Financial Markets.

Part I: Option Strategies and Markets
Part II: Option Pricing
Part III: Futures and Futures Option Contracts
Part IV: Managing Equity, Currency, and Debt Positions with Derivatives
Part V: Swaps
Part VI: Embedded Options and Asset-Backed Securities
Answers to Selected End-of-the-Chapter Problems
Glossary of Terms
Index

Instructor's Manual and PowerPoint Slides 9780195369403
In-Text CD

R. Stafford Johnson is a Professor of Finance at Williams College of Business at Xavier University.

There are no related titles available at this time.

Special Features

  • Web exercises at the end of most chapters; More than 300 end-of-the chapter problems.
  • Extensive coverage devoted of debt derivatives, including managing fixed-income positions with OTC interest rate products and the derivation and use of the binomial interest rate tree.
  • Three chapters on the binomial model, covering the model's derivation and the binomial pricing of American and European options on stocks, stocks with dividends, indexes, and currency.
  • Option Strategies based on the Black-Scholes model.
  • Coverage of the use and pricing of Exotic Options.
  • Three supplemental appendices on exponents and logarithms, statistics, and bond fundamentals to help students who need a review.