Description
Book SynopsisFor Finance and Treasury professionals to effectively pitch, sell,and comprehend the true appeal and relevance of a particularsecurity, there is nothing more important than knowing how thevalue of said security has been determined. While punching numbersinto a computer may provide the information needed, it isnevertheless essential to have a firm grasp of the valuationconcepts in order to make the best, most informed decisions.Offering a straightforward, accessible approach not found anywhereelse, this comprehensive new book provides a clear-cut road mapthrough the mathematical concepts associated with the investmentssector of Treasury management.
Written by an expert in the field, Investment Mathematics forFinance and Treasury Professionals explains the principles andformulae used in the fixedincome cash markets. It presents anin-depth, yet practical look at the applications associated withthese money and capital markets instruments. The book also coverscalculations and appli
Table of ContentsInstruments in the Band.
The Concept of Yield.
Yield Spread Analysis.
Price/Yield Sensitivity.
Term Structure of Interest Rates.
Securities with Contingent Cash Flows.
Interest Rate Futures Contracts.
Foreign Exchange.
Options.
Exotic Options, Interest Rate Swaps, and Other Interest RateDerivatives.
Risk/Return.
Information Location.
Appendices.
Glossary.
Index.
