Financial Derivatives(English, Paperback, Kolb Robert W.)

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Financial Derivatives(English, Paperback, Kolb Robert W.) is written by Kolb Robert W. and published by John Wiley and Sons Ltd. It's available with International Standard Book Number or ISBN identification 1557869308 (ISBN 10) and 9781557869302 (ISBN 13).

Financial Derivatives- financial instruments whose value depends onm other basic instruments, such as stocks or bonds- have emerged as imporatnat risk-mangement tools in the corporate world. Financial Derivatives offers a broad overview of the different types of derivatives (futures, options on futures, and swaps), while focussing on the principles that determine market prices. This introduction presents financial derivatives as tools for managing risk in a corporate setting, rather than instruments of speculation. The approach reflects today's emergence of corporations and financial institutions as dominant forces in finacial derivative markets. A new chapter, Risk Management and Financial Engineering, reflects the maturation of financial engineering as a financial specialty and illustrates how financial engineers use derivatives to manage risk.