Understanding Arbitrage - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Understanding Arbitrage write by Randall Billingsley. This book was released on 2005-10-05. Understanding Arbitrage available in PDF, EPUB and Kindle. Arbitrage is central both to corporate risk management and to a wide range of investment strategies. Thousands of financial executives, managers, and sophisticated investors want to understand it, but most books on arbitrage are far too abstract and technical to serve their needs. Billingsley addresses this untapped market with the first accessible and realistic guide to the concepts and modern practice of arbitrage. It relies on intuition, not advanced math: readers will find basic algebra sufficient to understand it and begin using its methods. The author starts with a lucid introduction to the fundamentals of arbitrage, including the Laws of One Price and One Expected Return. Using realistic examples, he shows how to identify assets and portfolios ripe for exploitation: mispriced commodities, securities, misvalued currencies; interest rate differences; and more. You'll learn how to establish relative prices between underlying stock, puts, calls, and 'riskless' securities like Treasury bills -- and how these techniques support derivatives pricing and hedging. Billingsley then illuminates options pricing, the heart of modern risk management and financial engineering. He concludes with an accessible introduction to the Nobel-winning Modigliani-Miller theory, and its use in analyzing capital structure.
Understanding Arbitrage
Understanding Arbitrage - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Understanding Arbitrage write by Billingsley. This book was released on 2005. Understanding Arbitrage available in PDF, EPUB and Kindle.
Introduction To Quantitative Finance, An: A Three-principle Approach
Introduction To Quantitative Finance, An: A Three-principle Approach - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Introduction To Quantitative Finance, An: A Three-principle Approach write by Christopher Hian-ann Ting. This book was released on 2015-09-16. Introduction To Quantitative Finance, An: A Three-principle Approach available in PDF, EPUB and Kindle. This concise textbook provides a unique framework to introduce Quantitative Finance to advanced undergraduate and beginning postgraduate students. Inspired by Newton's three laws of motion, three principles of Quantitative Finance are proposed to help practitioners also to understand the pricing of plain vanilla derivatives and fixed income securities.The book provides a refreshing perspective on Box's thesis that 'all models are wrong, but some are useful.' Being practice- and market-oriented, the author focuses on financial derivatives that matter most to practitioners.The three principles of Quantitative Finance serve as buoys for navigating the treacherous waters of hypotheses, models, and gaps between theory and practice. The author shows that a risk-based parsimonious model for modeling the shape of the yield curve, the arbitrage-free properties of options, the Black-Scholes and binomial pricing models, even the capital asset pricing model and the Modigliani-Miller propositions can be obtained systematically by applying the normative principles of Quantitative Finance.
International Corporate Finance
International Corporate Finance - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook International Corporate Finance write by Laurent L. Jacque. This book was released on 2014-03-07. International Corporate Finance available in PDF, EPUB and Kindle. A thorough introduction to corporate finance from a renowned professor of finance and banking As globalization redefines the field of corporate finance, international and domestic finance have become almost inseparably intertwined. It's increasingly difficult to understand what is happening in capital markets without a firm grasp of currency markets, the investment strategies of sovereign wealth funds, carry trade, and foreign exchange derivatives products. International Corporate Finance offers thorough coverage of the international monetary climate, including Islamic finance, Asian banking, and cross-border mergers and acquisitions. Additionally, the book offers keen insight on global capital markets, equity markets, and bond markets, as well as foreign exchange risk management and how to forecast exchange rates. Offers a comprehensive discussion of the current state of international corporate finance Provides simple rules and pragmatic answers to key managerial questions and issues Includes case studies and real-world decision-making situations For anyone who wants to understand how finance works in today's hyper-connected global economy, International Corporate Finance is an insightful, practical guide to this complex subject.
International Corporate Finance, + Website
International Corporate Finance, + Website - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook International Corporate Finance, + Website write by Laurent L. Jacque. This book was released on 2014-03-24. International Corporate Finance, + Website available in PDF, EPUB and Kindle. A thorough introduction to corporate finance from a renowned professor of finance and banking As globalization redefines the field of corporate finance, international and domestic finance have become almost inseparably intertwined. It's increasingly difficult to understand what is happening in capital markets without a firm grasp of currency markets, the investment strategies of sovereign wealth funds, carry trade, and foreign exchange derivatives products. International Corporate Finance offers thorough coverage of the international monetary climate, including Islamic finance, Asian banking, and cross-border mergers and acquisitions. Additionally, the book offers keen insight on global capital markets, equity markets, and bond markets, as well as foreign exchange risk management and how to forecast exchange rates. Offers a comprehensive discussion of the current state of international corporate finance Provides simple rules and pragmatic answers to key managerial questions and issues Includes case studies and real-world decision-making situations For anyone who wants to understand how finance works in today's hyper-connected global economy, International Corporate Finance is an insightful, practical guide to this complex subject.
