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Derivatives Markets (Pearson Series in Finance)
Includes CD which contains Microsoft Excel Spreadsheets with Option Pricing Functions and Selected Data
To be financially literate in today’s market, one must have a solid understanding of derivatives concepts and instruments and the uses of those instruments in corporations. The Third Edition has an accessible mathematical presentation, and more importantly, helps readers gain intuition by linking theories and concepts together with an engaging narrative that emphasizes the core economic principles underlying the pricing and uses of derivatives.