Managing Financial Risk: A Guide to Derivative Products, Financial Engineering, and Value Maximization - Hardcover

Clifford W. Smith

Hardcover

ISBN 10: 0786304332 ISBN 13: 9780786304332

Publisher: Irwin Professional Publishing, 1994

Synopsis

Managing Financial Risk provides an up-to-date, comprehensive look at how derivatives can be used to manage risk and maximize value within today's highly volatile financial environment. The authors provide in-depth explanations of forwards, futures, swaps, options and "exotic" derivatives, showing how to use these instruments to hedge a firm against unexpected movements in foreign exchange rates, interest rates, and commodity prices. Invaluable to every corporate financial professional, Managing Financial Risk explains: How risk management can increase a firm's value; The variety of risk management products, including forwards, futures, swaps, options, and hybrid securites-as well as a practical approach to implementing these products in a firm; The essentials of financial engineering including how to build customized hedging instruments that accomplish an organization's specific risk management objectives.

Edition details

• Publisher: Irwin Professional Publishing
• Publication date: 1994
• Language: English
• ISBN 10: 0786304332
• ISBN 13: 9780786304332
• Binding: Hardcover