Mastering financial calculations : a step-by-step guide to the mathematics of financial market instruments / Bob Steiner.

Format:

Book

Author/Creator:

Steiner, Bob, author.

Series:

Mastering Series.

The Mastering Series

Language:

English

Subjects (All):

Business mathematics.

Physical Description:

1 online resource (xvi, 598 p. ) ill.

Edition:

3rd ed.

Place of Publication:

Harlow, England : Pearson, [2012]

Language Note:

English

Summary:

Giving readers a firm understanding of key financial concepts and mathematical techniques 'Mastering Financial Calculations' introduces the fundamentals of financial market arithmetic, including core concepts of discounting, net present value and foreign exchange. Success in today's sophisticated financial markets depends on a firm understanding of key financial concepts and mathematical techniques. Mastering Financial Calculations explains them in a clear, comprehensive way - so even if your mathematical background is limited, you'll thoroughly grasp what you need to know. Mastering Financial Calculations starts by introducing the fundamentals of financial market arithmetic, including the core concepts of discounting, net present value, effective yields, and cash flow analysis. Next, walk step-by-step through the essential calculations and financial techniques behind money markets and futures, zero-coupon analysis, interest rate and currency swaps, bonds, foreign exchange, options, and more. Making use of many worked examples and practical exercises, the book explains challenging concepts such as forward pricing, duration analysis, swap valuation, and option pricing - all with exceptional clarity. Whether you are a trader, fund manager, corporate treasurer, programmer, accountant, risk manager, or market student, you'll gain the ability to manipulate and apply these techniques with speed and confidence.

Contents:

Contents Part 1 The Basics Chapter 1: Financial Arithmetic Basics Part 2 Interest Rate Instruments Chapter 2: The Money Market Chapter 3: Forward-Forwards and Forward Rate Agreements Chapter 4: Interest Rate Structures Chapter 5: Bond Market Calculations Chapter 6: Repos, But/Sell-backs and Securities Lending Chapter 7: Zero-Coupon Rates and Yield Curves Part 3 Foreign Exchange Chapter 8: Foreign Exchange Part 4 Swaps and Options Chapter 9: Interest Rate and Currency Swaps Chapter 10: Options Part 5 Gold and other commodities Chapter 11: Gold and other commodities Part 6 Hints and Answers to Exercises Chapter 12: Hints and Answers to Exercises

Notes:

Includes index.

Includes bibliographical references (pages 585-586) and index.

Description based on print version record.

Description based on publisher supplied metadata and other sources.

ISBN:

9780273750604

0273750607

9781283733564

1283733560

9780273750598

0273750593

OCLC:

1015876637