An Introduction to Derivatives and Risk Management
Abstract
Coupling real business examples with minimal technical mathematics, market-leading INTRODUCTION TO DERIVATIVES AND RISK MANAGEMENT, 10e blends institutional material, theory, and practical applications to give students a solid understanding of how derivatives are used to manage the risks of financial decisions.
The book delivers detailed coverage of options, futures, forwards, swaps, and risk management as well as a balanced introduction to pricing, trading, and strategy. New ““Taking Risk in Life”” features illustrate the application of risk management in real-world financial decisions. In addition, the financial information throughout the Tenth Edition reflects the most recent changes in the derivatives market–one of the most volatile sectors in the financial world.
Robert E. Brooks
Wallace D. Malone, Jr. Professor of Financial Management
My research interests include financial derivatives, enterprise risk management, performance attribution, options, futures, swaps, and financial philosophy.