{"product_id":"essays-in-derivatives-9780470086254","title":"Essays in Derivatives","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003eIn the updated second edition of Don Chance's well-received  Essays in Derivatives,  the author once again keeps derivatives simple enough for the beginner, but offers enough in-depth information to satisfy even the most experienced investor.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003e\u003cp\u003ePreface to the New Edition xiii\u003c\/p\u003e \u003cp\u003ePreface to the First Edition xv\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSECTION ONE Derivatives and Their Markets 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eESSAY 1 The Structure of Derivative Markets 3\u003c\/p\u003e \u003cp\u003eESSAY 2 A Brief History of Derivatives 7\u003c\/p\u003e \u003cp\u003eESSAY 3 Why Derivatives? 15\u003c\/p\u003e \u003cp\u003eESSAY 4 Forward Contracts and Futures Contracts 25\u003c\/p\u003e \u003cp\u003eESSAY 5 Options 29\u003c\/p\u003e \u003cp\u003eESSAY 6 Swaps 33\u003c\/p\u003e \u003cp\u003eESSAY 7 Types of Risks 37\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSECTION TWO The Basic Instruments 41\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eESSAY 8 Interest Rate Derivatives: FRAs and Options 43\u003c\/p\u003e \u003cp\u003eESSAY 9 Interest Rate Derivatives: Swaps 49\u003c\/p\u003e \u003cp\u003eESSAY 10 Currency Swaps 53\u003c\/p\u003e \u003cp\u003eESSAY 11 Structured Notes 57\u003c\/p\u003e \u003cp\u003eESSAY 12 Securitized Instruments 61\u003c\/p\u003e \u003cp\u003eESSAY 13 Equity Swaps 67\u003c\/p\u003e \u003cp\u003eESSAY 14 Equity-Linked Debt 71\u003c\/p\u003e \u003cp\u003eESSAY 15 Commodity Swaps 75\u003c\/p\u003e \u003cp\u003eESSAY 16 American versus European Options 79\u003c\/p\u003e \u003cp\u003eESSAY 17 Swaptions 83\u003c\/p\u003e \u003cp\u003eESSAY 18 Credit Derivatives 89\u003c\/p\u003e \u003cp\u003eESSAY 19 Volatility Derivatives 95\u003c\/p\u003e \u003cp\u003eESSAY 20 Weather and Environmental Derivatives 99\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSECTION THREE Derivative Pricing 103\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eESSAY 21 Forward and Futures Pricing 105\u003c\/p\u003e \u003cp\u003eESSAY 22 Put-Call Parity for European Options on Assets 111\u003c\/p\u003e \u003cp\u003eESSAY 23 Put-Call Parity for American Options on Assets 115\u003c\/p\u003e \u003cp\u003eESSAY 24 Call Options as Insurance and Margin 119\u003c\/p\u003e \u003cp\u003eESSAY 25 A Nontechnical Introduction to Brownian Motion 123\u003c\/p\u003e \u003cp\u003eESSAY 26 Building a Model of Brownian Motion in the Stock Market 129\u003c\/p\u003e \u003cp\u003eESSAY 27 Option Pricing: The Black-Scholes-Merton Model 133\u003c\/p\u003e \u003cp\u003eESSAY 28 Option Pricing: The Binomial Model 139\u003c\/p\u003e \u003cp\u003eESSAY 29 Option Pricing: Numerical Methods 143\u003c\/p\u003e \u003cp\u003eESSAY 30 Dynamic Option Replication 147\u003c\/p\u003e \u003cp\u003eESSAY 31 Risk-Neutral Pricing of Derivatives: I 153\u003c\/p\u003e \u003cp\u003eESSAY 32 Risk-Neutral Pricing of Derivatives: II 159\u003c\/p\u003e \u003cp\u003eESSAY 33 It’s All Greek to Me 165\u003c\/p\u003e \u003cp\u003eESSAY 34 Implied Volatility 169\u003c\/p\u003e \u003cp\u003eESSAY 35 American Call Option Pricing 175\u003c\/p\u003e \u003cp\u003eESSAY 36 American Put Option Pricing 181\u003c\/p\u003e \u003cp\u003eESSAY 37 Swap Pricing 185\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSECTION FOUR Derivative Strategies 191\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eESSAY 38 Asset Allocation with Derivatives 193\u003c\/p\u003e \u003cp\u003eESSAY 39 Protective Puts and Portfolio Insurance 197\u003c\/p\u003e \u003cp\u003eESSAY 40 Misconceptions about Covered Call Writing 201\u003c\/p\u003e \u003cp\u003eESSAY 41 Hedge Funds and Other Privately Managed Accounts 205\u003c\/p\u003e \u003cp\u003eESSAY 42 Spreads, Collars, and Prepaid Forwards 209\u003c\/p\u003e \u003cp\u003eESSAY 43 Box Spreads 213\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSECTION FIVE Exotic Instruments 217\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eESSAY 44 Barrier Options 219\u003c\/p\u003e \u003cp\u003eESSAY 45 Straddles and Chooser Options 223\u003c\/p\u003e \u003cp\u003eESSAY 46 Compound and Installment Options 227\u003c\/p\u003e \u003cp\u003eESSAY 47 Digital Options 231\u003c\/p\u003e \u003cp\u003eESSAY 48 Geographic Options 235\u003c\/p\u003e \u003cp\u003eESSAY 49 Multi-Asset Options 239\u003c\/p\u003e \u003cp\u003eESSAY 50 Range Forwards and Break Forwards 243\u003c\/p\u003e \u003cp\u003eESSAY 51 Lookback Options 249\u003c\/p\u003e \u003cp\u003eESSAY 52 Deferred Start and Contingent Premium Options 253\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSECTION SIX Fixed Income Securities and Derivatives 257\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eESSAY 53 Duration 259\u003c\/p\u003e \u003cp\u003eESSAY 54 Limitations of Duration and the Concept of Convexity 263\u003c\/p\u003e \u003cp\u003eESSAY 55 The Term Structure of Interest Rates 269\u003c\/p\u003e \u003cp\u003eESSAY 56 Theories of the Term Structure: I 273\u003c\/p\u003e \u003cp\u003eESSAY 57 Theories of the Term Structure: II 279\u003c\/p\u003e \u003cp\u003eESSAY 58 Simple Models of the Term Structure: Vasicek and Cox-Ingersoll-Ross 285\u003c\/p\u003e \u003cp\u003eESSAY 59 No-Arbitrage Models of the Term Structure: Ho-Lee and Heath-Jarrow-Morton 291\u003c\/p\u003e \u003cp\u003eESSAY 60 Tree Pricing of Bonds and Interest Rate Derivatives: I 297\u003c\/p\u003e \u003cp\u003eESSAY 61 Tree Pricing of Bonds and Interest Rate Derivatives: II 301\u003c\/p\u003e \u003cp\u003eESSAY 62 Tree Pricing of Bonds and Interest Rate Derivatives: III 307\u003c\/p\u003e \u003cp\u003eESSAY 63 Tree Pricing of Bonds and Interest Rate Derivatives: IV 313\u003c\/p\u003e \u003cp\u003eESSAY 64 Tree Pricing of Bonds and Interest Rate Derivatives: V 319\u003c\/p\u003e \u003cp\u003e\u003cb\u003eSECTION SEVEN Other Topics and Issues 325\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eESSAY 65 Stock Options 327\u003c\/p\u003e \u003cp\u003eESSAY 66 Value at Risk 335\u003c\/p\u003e \u003cp\u003eESSAY 67 Stock as an Option 341\u003c\/p\u003e \u003cp\u003eESSAY 68 The Credit Risk of Derivatives 345\u003c\/p\u003e \u003cp\u003eESSAY 69 Operational Risk 349\u003c\/p\u003e \u003cp\u003eESSAY 70 Risk Management in an Organization 355\u003c\/p\u003e \u003cp\u003eESSAY 71 Accounting and Disclosure of Derivatives 361\u003c\/p\u003e \u003cp\u003eESSAY 72 Worst Practices in Derivatives 367\u003c\/p\u003e \u003cp\u003eESSAY 73 Best Practices in Derivatives 375\u003c\/p\u003e \u003cp\u003eRecommended Reading 379\u003c\/p\u003e \u003cp\u003eAnswers to End-of-Essay Questions 381\u003c\/p\u003e","brand":"John Wiley \u0026 Sons Inc","offers":[{"title":"Default Title","offer_id":49402281591127,"sku":"9780470086254","price":31.88,"currency_code":"GBP","in_stock":false}],"url":"https:\/\/bookcurl.com\/products\/essays-in-derivatives-9780470086254","provider":"Book 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