Financial Derivatives in Theory and Practice by Philip Hunt, ... - 9780470863589

Financial Derivatives in Theory and PracticeAuthor(s): Philip Hunt, Joanne Kennedy\nFormat: Hardback\nPublisher: John Wiley & Sons Inc, United States\nImprint: John Wiley & Sons Inc\nISBN-13: 9780470863589, 978-0470863589\nSynopsis\nThe term Financial Derivative is a very broad term which has come to mean any financial transaction whose value depends on the underlying value of the asset concerned. Sophisticated statistical modelling of derivatives enables practitioners in the banking industry to reduce financial risk and ultimately increase profits made from these transactions. The book originally published in March 2000 to widespread [url] edition has been updated with minor corrections and new references, and now includes a chapter of exercises and solutions, enabling use as a course text.\nComprehensive introduction to the theory and practice of financial derivatives. Discusses and elaborates on the theory of interest rate derivatives, an area of increasing interest. Divi.