Opis: Fixed Income Finance - John A. McCone, Mark Wise, Vineer Bhansali

A complete guide forprofessionals with advancedmathematical skills but little orno financial knowledge ...You're smart. Logical. Mathematicallyadept. One of those people who canmake quick work of long, difficult equations.But when it comes to managing a financialportfolio and managing risk, you wonder ifyou're missing out. Fixed Income Finance is the book for you.It's the perfect introduction to the concepts,formulas, applications, and methodology,all derived from first principles, that youneed to succeed in the world of quantitativefinance-with a special emphasis on fixedincomes. Written by two of the sharpest analyticalminds in their fields, this instructiveguide takes you through the basics of fixedincome finance, including many new andoriginal results, to help you understand: Treasury Bonds and the Yield Curve The Macroeconomics behind TermStructure Models Structural Models for CorporateBonds and Portfolio Diversification Options Fixed Income Derivatives Numerical Techniques Filled with step-by-step equations, clearand concise concepts, and ready-to-useformulas, this essential workbook bridges thegap between basic beginners' primers andmore advanced surveys to provide hands-on tools you can begin to use immediately. It's allyou need to put your math skills to work-and make the money work for you. Brilliantly researched, impeccably detailed,and thoroughly comprehensive, Fixed IncomeFinance is applied mathematics at its best andmost useful.Section 1: Bond Basics: Treasury bonds and the Yield Curve/Corporate Bonds and Credit Risk/ Derivatives/ Mortgages/ Municipal Bonds/Real Return Bonds Section 2: Probability Theory and Stochastic Processes:Normal Random Variables/The Central Limit Theory/ The Probability Distribution for Corporate Bonds Returns/ Correlated Random Variables/ Random Walks/Survival Probabilities/ Correlated Random Walks/Simulation Section 3: Term Structure Models: One Factor Models and Two Factor Models/Bond Prices, Volatilities/Eurodollar Futures/Futures and Forward Contracts/ Macroeconomics and Two Factor Models Section 4: Options: Call and Put Options on a Stock/The Merton Model/Options on Interest Rate Sensitive SecuritiesSection 5: Portfolio Allocation: Utility Functions/The Sharpe Ratio/Beyond Mean and Variance/ Value at Risk/ Examples

Szczegóły: Fixed Income Finance - John A. McCone, Mark Wise, Vineer Bhansali

Tytuł: Fixed Income Finance
Autor: John A. McCone, Mark Wise, Vineer Bhansali
Producent: McGraw-Hill
ISBN: 9780071621205
Rok produkcji: 2010
Ilość stron: 256
Oprawa: Twarda
Waga: 0.51 kg

Recenzje: Fixed Income Finance - John A. McCone, Mark Wise, Vineer Bhansali