{"product_id":"fixed-income-securities-dynamic-methods-for-interest-rate-risk-pricing-and-hedging-hardback-9780471495024","title":"Fixed-Income Securities; Dynamic Methods for Interest Rate Risk Pricing and Hedging (Hardback) 9780471495024","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eFixed-Income Securities\u003c\/font\u003e\u003cbr\u003e\r\n\u003cfont size=\"5\"\u003eDynamic Methods for Interest Rate Risk Pricing and Hedging\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eLionel Martellini (Author), Philippe Priaulet (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9780471495024, Wiley\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eHardback, published 29 November 2000\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e275 pages\u003cbr\u003e24 x 16.1 x 2.2 cm, 0.567 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cem\u003e\u003cfont size=\"3\"\u003e\"This is the first book I have seen to carefully cover such a wideset of topics in both theoretical and applied fixed-incomemodelling, ranging from the use of market information to obtainyield curves, to the pricing and hedging of bonds and fixed-incomederivatives, to the currently active topic of defaultableyield-curve modelling. It will be particularly useful topractitioners.\" - Darrell Duffie, Stanford University\u003cbr\u003e \"This is the most comprehensive theoretical treatment of thesubject I've ever seen.\" - Mark Rubinstein, Haas School ofBusiness, University of California\u003cbr\u003e \"An excellent review of interest rate models and of the pricingand hedging principles in the fixed-income area. \" - Oldrich AlfonsVasicek, KMV Corporation\u003c\/font\u003e\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003eDynamic methods for interest rate risk pricing and hedging.\u003cbr\u003e \u003cbr\u003e Fixed-Income Securities provides a survey of modern methods forpricing and hedging fixed-income securities in the presence ofinterest rate risk. Modern theory of finance provides a wealth ofnew approaches to the important question of interest rate riskmanagement, and this book brings them together, in a comprehensiveand thorough treatment of the subject.\u003cbr\u003e \u003cbr\u003e Structured in an accessible manner, the authors begin by focusingon pricing and hedging certain cash flows, before moving on toconsider pricing and hedging uncertain cash flows. In addition tothe theoretical explanation, the authors provide numerousreal-world examples and applications throughout.\u003cbr\u003e \u003cbr\u003e This is the first book I have seen to carefully cover such a wideset of topics in both theoretical and applied fixed-incomemodelling, ranging from the use of market information to obtainyield curves, to the pricing and hedging of bonds and fixed-incomederivatives, to the currently active topic of defaultableyield-curve modelling. It will be particularly useful topractitioners.Darrell Duffie, Stanford University\u003cbr\u003e \u003cbr\u003e This is the most comprehensive theoretical treatment of thesubject I ve ever seen. Mark Rubinstein, Haas School of Business,University of California\u003cbr\u003e \u003cbr\u003e An excellent review of interest rate models and of the pricing andhedging principles in the fixed-income area.Oldrich Alfons Vasicek,KMV Corporation\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eIntroduction.\u003cbr\u003e \u003cbr\u003e Acknowledgments.\u003cbr\u003e \u003cbr\u003e Standard Notation.\u003cbr\u003e \u003cbr\u003e PRICING AND HEDGING CERTAIN CASH-FLOWS\u003cbr\u003e \u003cbr\u003e Deriving the Current Zero-Coupon Rate Curve.\u003cbr\u003e \u003cbr\u003e Basic Assets Pricing and Hedging.\u003cbr\u003e \u003cbr\u003e PRICING AND HEDGING UNCERTAIN CASH-FLOWS.\u003cbr\u003e \u003cbr\u003e Modelling the Zero-Coupon Yield Curve Dynamics.\u003cbr\u003e \u003cbr\u003e Pricing and Hedging Fixed-Income Derivatives.\u003cbr\u003e \u003cbr\u003e MATHEMATICAL APPENDICES.\u003cbr\u003e \u003cbr\u003e Appendix A: An Introduction to Stochastic Processes in ContinuousTime.\u003cbr\u003e \u003cbr\u003e Appendix B: Numerical Methods.\u003cbr\u003e \u003cbr\u003e References.\u003cbr\u003e \u003cbr\u003e Index.\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Finance \u0026amp; accounting [\u003ca title=\"See our other books on Finance \u0026amp; accounting\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Finance%20\u0026amp;%20accounting%20%5BKF%5D%22\"\u003eKF\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Wiley","offers":[{"title":"Brand New","offer_id":52507208188184,"sku":"9780471495024","price":85.89,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/files\/9780471495024.jpg?v=1786439731","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/fixed-income-securities-dynamic-methods-for-interest-rate-risk-pricing-and-hedging-hardback-9780471495024","provider":"Freshly Printed Books","version":"1.0","type":"link"}