{"product_id":"risk-transfer-9780471464983","title":"Risk Transfer","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003eBased on an enormously popular derivative instruments and applications course taught by risk expert Christopher Culp at the University of Chicago, Risk Transfer will prepare both current practitioners and students alike for many of the issues and problems they will face in derivative markets. Filled with in-depth insight and practical advice, this book is an essential resource for those who want a comprehensive education and working knowledge of this major field in finance, as well as professionals studying to pass the GARP FRM exam.  \u003cp\u003eChristopher L. Culp, PhD (Chicago, IL), is a Principal at CP Risk Management LLC and is also Adjunct Professor of Finance at the University of Chicago. He is the author of Corporate Aftershock (0-471-43002-1) and The ART of Risk Management (0-471-12495-8).\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003ePreface: The Demonization of Derivatives.  \u003cp\u003eIntroduction and Structure of the Book.\u003c\/p\u003e \u003cp\u003eMathematical Notation.\u003c\/p\u003e \u003cp\u003ePART ONE: The Economics of Risk Transfer.\u003c\/p\u003e \u003cp\u003eCHAPTER 1: The Determinants of Financial Innovation.\u003c\/p\u003e \u003cp\u003eCHAPTER 2: Risk, Uncertainty, and Profit.\u003c\/p\u003e \u003cp\u003eCHAPTER 3: Methods of Controlling Risk and Uncertainty.\u003c\/p\u003e \u003cp\u003eCHAPTER 4: Risk Transfer and Contracting Structures.\u003c\/p\u003e \u003cp\u003eCHAPTER 5: The Evolution of Derivatives Activity.\u003c\/p\u003e \u003cp\u003eCHAPTER 6: Derivatives Trading, Clearance, and Settlement.\u003c\/p\u003e \u003cp\u003ePART TWO: Derivatives Valuation and Asset Lending.\u003c\/p\u003e \u003cp\u003eCHAPTER 7: Principles of Derivatives Valuation.\u003c\/p\u003e \u003cp\u003eCHAPTER 8: Own Rates of Interest and the Cost of Carry Model.\u003c\/p\u003e \u003cp\u003eCHAPTER 9: The Supply of Storage and the Term Structure of Forward Prices.\u003c\/p\u003e \u003cp\u003eCHAPTER 10: The Term Structure of Interest Rates.\u003c\/p\u003e \u003cp\u003eCHAPTER 11: Basis Relations and Spreads.\u003c\/p\u003e \u003cp\u003ePART THREE: Speculation and Hedging.\u003c\/p\u003e \u003cp\u003eCHAPTER 12: Speculation and the Speculative Risk Premium.\u003c\/p\u003e \u003cp\u003eCHAPTER 13: Hedging Objectives.\u003c\/p\u003e \u003cp\u003eCHAPTER 14: Hedge Ratios.\u003c\/p\u003e \u003cp\u003eCHAPTER 15: Quality Basis Risk.\u003c\/p\u003e \u003cp\u003eCHAPTER 16: Calendar Basis Risk.\u003c\/p\u003e \u003cp\u003ePART FOUR: Appendixes.\u003c\/p\u003e \u003cp\u003eAPPENDIX 1: Economic Theory and Equilibrium.\u003c\/p\u003e \u003cp\u003eAPPENDIX 2: Derivation of the Fundamental Value Equation.\u003c\/p\u003e \u003cp\u003eAPPENDIX 3: Relation between the Cost of Carry Model and the Fundamental Value Equation.\u003c\/p\u003e \u003cp\u003eReferences.\u003c\/p\u003e \u003cp\u003eIndex.\u003c\/p\u003e","brand":"John Wiley \u0026 Sons Inc","offers":[{"title":"Default Title","offer_id":49402599768407,"sku":"9780471464983","price":77.57,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9780471464983.jpg?v=1730480923","url":"https:\/\/bookcurl.com\/products\/risk-transfer-9780471464983","provider":"Book Curl","version":"1.0","type":"link"}