Options, futures and other derivatives, 8th edition

Abstract

The eight edition of Options, Futures and Other Derivatives (with CD) is packed with revised and updated information on the derivatives market. The book offers a crisp introduction to options markets and futures. Since the study of derivatives requires plenty of mathematics and because all the readers might not have a solid mathematical background, the authors have tried to strike a balance between essential and non-essential mathematics and present many numerical problems for better and thorough understanding. The book is tailored for beginners and no prior knowledge of options markets and futures is required. The seventh edition of the book is new and improved and contains a variety of newly introduced topics. For instance, it discusses many issues pertaining to the Indian market. Other topics covered include credit derivatives, swaps, Greek letters, binomial trees, volatility smiles, and interest rate futures. The CD that comes with this edition is an added bonus and lets the users create useful applications in a few simple steps. The numerical examples and practice questions help in easily understanding the concepts that have been explained. The minimal text in the book offers extensive knowledge and information in the form of theory. The book also features real-life accounts and sound logical reasoning.