Sale!

Option, futures and other derivatives, 11e John C.Hull

Original price was: ₹925.00.Current price is: ₹786.00.

  • Publisher ‏ : ‎ Pearson Education; Eleventh edition (1 April 2022); Pearson Education,15th Floor World Trade Tower, C01, Sector 16, Noida, Uttar Pradesh 201301
  • Language ‏ : ‎ English
  • Paperback ‏ : ‎ 920 pages
  • ISBN-10 ‏ : ‎ 939297096X
  • ISBN-13 ‏ : ‎ 978-9392970962
SKU: 9789392970962 Category: Tags: , ,

The first edition of this book was published in 1988, and in the last two decades, massive changes and developments have happened in the options and the derivatives markets. The 11th edition of Options, Futures, and Other Derivatives takes in to account these changes, and presents the reader with an up-to- date scenario. Like earlier editions, this edition has also been designed to address the needs of a wide spectrum of the market. The book will be appropriate for students pursuing graduate courses in business, finance, economics, and financial engineering. It can be used for advanced undergraduate courses involving quantitative skills. Many practitioners who are involved in derivatives markets should also find the book useful.

Features :

• A major change in financial markets will be the phase-out of LIBOR. This has led to important changes throughout the 11th edition. The overnight reference rates that will replace LIBOR, and the way they are used to determine zero curves, are discussed carefully.

• The new reference rates are considered to be risk-free whereas LIBOR incorporates a time-varying credit spread. The book discusses the desire on the part of banks to augment the new reference rates with a measure of the level of credit spreads in the market.

• The chapter on Wiener processes now covers fractional Brownian motion. This is becoming increasingly used in modeling volatility.

• Rough volatility models which have in the last few years been found to fit volatility surfaces well are added to the models considered in Chapter 27.

Reviews

There are no reviews yet.

Be the first to review “Option, futures and other derivatives, 11e John C.Hull”

Your email address will not be published. Required fields are marked *

Shopping Basket