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Here is the first rigorous and accessible account of the mathematics behind the pricing, construction, and hedging of derivative securities. Prentice Hall Publication Date: They stress practicalities including examples from stock, currency options futures and other derivatives hull amazon interest rate markets, all accompanied by graphical illustrations with realistic data. The Fifth Edition continues to offer the most current topics in the field with the addition of seven NEW chapters: Along with all-new case studies that illustrate how valuation techniques and principles are applied in real-world situations, this comprehensive guide has been updated to reflect the events of the Internet bubble and its effect on stock markets, new developments in academic finance, changes in accounting rules both U.
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