Money and Capital Markets (2nd Ed.) Pricing, yields and analysis
Auteur : Sherris Michael
Money and Capital Markets provides the most up-to-date, practical coverage of the pricing and analysis of financial instruments and transactions available for Australian and international capital markets.
Here you have the underlying tools and techniques for the valuation and risk management of short-term money market and capital market securities and their derivatives. In a clear and direct way, Michael Sherris covers fixed interest securities, forwards, futures, swaps, options and interest rate derivatives (new in the Second Edition). Everything - from yield calculations to tax and horizon effects to interest rate risk measures - is lucidly explained and extensively illustrated with examples.
An invaluable reference for money market professionals, Money and Capital Markets is essential reading for tertiary students of finance, accounting and actuarial studies.
Diagrams
Tables
Preface
Acknowledgements
1 Price calculations for short-term securities
2 Yield calculations for short-term securities
3 Pricing of long-term securities
4 Yield calculations for long-term securities
5 Interest rate risk analysis for fixed-interest securities
6 Forwards and futures
7 Swaps
8 Options
9 Interest rate derivatives
Glossary of securities
Bibliography
Index
Date de parution : 08-1996
15.6x23.4 cm
Date de parution : 03-2021
15.6x23.4 cm
Thèmes de Money and Capital Markets :
Mots-clés :
Coupon Bonds; Coupon Date; Coupon Payment; Forward Interest Rates; Black Scholes Formula; Binomial Model; Floating Rate Securities; Bank Bill Rate; Short Term Securities; Cross Currency Swap; Period Interest Rates; Binomial Lattice; Interest Rate Derivatives; Interest Rate Swap; Floating Rate Payments; Bond Equivalent Yield; Forward Rate; Bill Swap; Forward Contract; Fixed Interest Securities; Futures Contract; Call Option; Margin Calls; Exercise Price; Foreign Currency Swap