Investments: Spot and Derivatives Markets - Couverture souple

Cuthbertson, Keith; Nitzsche, Dirk; Nitzshe, Dirk

Couverture souple

ISBN 10 : 0471495832 ISBN 13 : 9780471495833

Editeur : John Wiley & Sons Ltd, 2001

Synopsis

This title seeks to provide a comprehensive introduction to the financial markets. Based on class-tested material, the authors provide coverage of equity, bond and FX-markets and international portfolio diversification. Adopting a practical, real-world flavour throughout, the text is peppered with many numerical examples, whilst "Topic boxes" on current issues and newspaper extracts should enable the student to see the practical application and real-world context of the ideas presented The treatment of anomalies, noise traders, technical analysis, chartism, neural networks and chaos theory reinforce the real-world emphasis, whilst material on corporate finance includes valuation of companies using NPV and real options theory. Raising capital via equity and debt securities as well as dividend and merger policy provide practical illustrations of the theoretical ideas. Futures, options and swaps and their use in speculation, hedging and arbitrage are also examined. Excel spreadsheets are provided, enabling the reader to obtain "hands on" experience in reproducing the numerical examples from the text and inputting their own "scenarios".

A propos du livre

Présentation de l'éditeur

Based on class–tested material, this book is an excellent introduction to global financial markets. The authors link theory and real world issues in their coverage of equity, bond and FX strategies including methods such as chartism, neural networks and chaos theory. This practical approach is also applied to topics in corporate finance, including valuation of companies using NPV and other techniques such as economic value added (EVA), adjusted present value (APV) and real options theory. Raising funds in the money markets and via equity and debt securities, as well as dividend and merger policy provide further practical illustrations of theoretical ideas. Futures, options and swaps and their use in speculation, hedging and arbitrage are also examined.
Features include:
∗ Topic boxes on current policy issues and newspaper extracts, giving practical applications and real world context of the ideas presented
∗ 2 colour in–text design
∗ Clear, simple and consistent mathematical notation, with worked examples and end of chapter questions
∗ Supporting website including Lecturer′s Resource Pack and Student Centre with interactive Excel and GAUSS software
The text covers behaviour in financial markets, decisions in corporate finance and wider public policy issues. It is aimed at final year undergraduates, MBA and MSc students and those undertaking professional qualifications in finance.
For those wishing to deepen their knowledge of financial markets, the authors have written a companion book Financial Engineering: Derivatives and Risk Management.

Biographie de l'auteur

KEITH CUTHBERTSON is Professor of Finance at the Management School, Imperial College. He has been an advisor to the Bank of England and UK Treasury and a visitor at the Federal Reserve. He has held chairs at the University of Newcastle and City University Business School, as well as undertaking consultancy with financial institutions. He is the author of another Wiley title, Quantitative Financial Economics.

DIRK NITZSCHE is a lecturer in Finance at the Management School, Imperial College. He is also a Visiting Lecturer at City University Business School.

Détails de l'édition

• Éditeur: John Wiley & Sons Ltd
• Date d'édition: 2001
• Langue: anglais
• ISBN 10: 0471495832
• ISBN 13: 9780471495833
• Reliure: Broché
• Nombre de pages: 714
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible