Derivatives Markets Addison Wesley Series in Finance Epub

Derivatives Markets Addison Wesley Series in Finance I've learned about option pricing using binomial trees and stochastic differential euations It's a real page turner Very good descriptions of the strategies I found it to be concise and easy to understand Particularly good if you have some experience with the product but are still a beginner and want to learn it formally grrrr Very good descriptions of the strategies I found it to be concise and easy to understand I read most of the chapters as it is a reuired reading for FM and MFE exam I would say the first few chapters are okay but the other chapters are terrible especially the chapters dealing with the mathematics of Back Scholes Formula After reading those chapters I had almost no clue how to manipulate with those differentials until I read the study guide I also thought the sections on early exercise had terrible explanations The author seems to have the tendency of trying to prove some of his claims but his proof is not even a proof It makes the reading even confusing To be financially literate in today's market business students must have a solid understanding of derivatives concepts and instruments and the uses of those instruments in corporations The Second Edition has an accessible mathematical presentation and importantly helps students gain intuition by linking theories and concepts together with an engaging narrative that emphasizes the core economic principles underlying the pricing and uses of derivatives

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