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Options, Futures, and Other Derivatives (4th Edition)

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Description

This fourth edition supplies a unifying solution to the valuation of all derivatives no longer just futures and options and includes new chapters on worth in danger and estimating volatilities and correlations. Hull (Joseph L. Rotman School of Management, U. of Toronto) assumes that the reader has taken introductory courses in finance and probability and statistics. The disk includes Excel-based totally software referred to as DerivaGem which can be utilized to calculate options prices, imply volatilities, and calculate Greek letters for options and rate of interest derivatives. For graduate and advanced undergraduate elective courses in business, economics, and monetary engineering. Annotation c. Book News, Inc., Portland, OR (booknews.com)

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