Updated and revised to reflect the most current information, this introduction to futures and options markets is ideal for those with a limited background in mathematics. Based on Hull's Options, Futures and Other Derivatives, one of the best-selling books on Wall Street, this book presents an accessible overview of the topic without the use of calculus. Packed with numerical samples and accounts of real-life situations, the Fifth Edition effectively guides readers through the material while providing them with a host of tangible examples. For professionals with a career in futures and options markets, financial engineering and/or risk management.

From the Back Cover

Again, John Hull has done a great job revising and updating this best-selling book. Changes in the fifth edition include:

A new chapter on credit derivatives (Chapter 21).
New! Business Snapshots highlight real-world situations and relevant issues.
The first six chapters have been -reorganized to better meet the needs of students and .instructors.
A new release of the Excel-based software, DerivaGem, is included with each text.

A useful Solutions Manual/Study Guide, which includes the worked-out answers to the "Questions and Problems" sections of each chapter, can be purchased separately (ISBN: 0-13-144570-7).

"About this title" may belong to another edition of this title.

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