Title: Valuation of Interest-Sensitive Financial Instruments: SOA Monograph M-FI96-1
Publisher: Wiley
Publication Date: 1996
Language: English
ISBN 10: 1883249155
ISBN 13: 9781883249151
Binding: Paperback
Condition: New
Weight: 16 ounces

About this title

Synopsis

Valuations of Interest-Sensitive Financial Instruments provides in-depth analysis of the development and underpinnings of models that are essential to the financial analyst or valuation actuary. Complete coverage includes: spot and forward interest rates, discrete- and continuous-time one-factor models, multi-factor discrete- and continuous-time models, and simulation approaches.

About the Author

David F. Babbel is a professor at the Wharton School at the University of Pennsylvania, a financial consultant for several large insurance companies. He has published prolifically in the academic and professional literature on asset/liability management, insurance, and fixed income investments.
Craig B. Merrill is Associate Professor at Brigham Young University and the Grant Taggart Fellow of Insurance, Risk Management, and Financial Services.

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