This introduction to futures and options markets is ideal for those with limited background in mathematics. Based on Hull's Options, Futures and Other Derivatives, one of the best-selling books on Wall Street and in the college market, this text offers an accessible presentation of the topic without the use of calculus. Offers accessible, detailed analysis of futures and forward markets, interest-rate markets, swaps, options markets, binomial trees, stock indices and currencies, volatility smiles, with new coverage of exotic options and other non-standard instruments, insurance, weather, energy, and credit derivatives and derivatives disasters. For risk managers, options traders, options analysts, accountants, corporate treasurers and investment bankers.
"synopsis" may belong to another edition of this title.
Thoroughly revised and updated, the Fourth Edition includes:
"About this title" may belong to another edition of this title.
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