An Introduction to Derivatives and Risk Management

ISBN: 9781305104969 出版年：2015 页码：642 Don M Chance Robert Brooks Cengage

Coupling real business examples with minimal technical mathematics, market-leading INTRODUCTION TO DERIVATIVES AND RISK MANAGEMENT (WITH STOCK-TRAK COUPON), 10e blends institutional material, theory, and practical applications to give students a solid understanding of how derivatives are used to manage the risks of financial decisions. It delivers detailed coverage of options, futures, forwards, swaps, and risk management as well as a balanced introduction to pricing, trading, and strategy. The financial information throughout the Tenth Edition reflects the most recent changes in the derivatives market--one of the most volatile sectors in the financial world. New "Taking Risk in Life" features illustrate the application of risk management in real-world financial decisions. Available with each new text, Stock-Trak software enables students to put what they learn into action with hands-on practice managing a hypothetical portfolio. The Tenth Edition also includes Cengage Learning Testing Powered by Cognero, a flexible, online testing resource that gives instructors limitless testing possibilities.