This introduction to futures and options markets is ideal for those with limited background in mathematics. Based on Hull's Options, Futures and Other Derivatives, one of the best-selling books on Wall Street and in the college market, this text offers an accessible presentation of the topic without the use of calculus.

Quatri�me de couverture

Thoroughly revised and updated, the Fourth Edition includes:

Three new chapters:
- Exotic Options and Other Non-Standard Products
- Credit, Weather, Energy, and Insurance Derivatives
- Derivative Mishaps and What We Can Learn from Them
Important new material on interest rate markets, volatility smiles, and value at risk.
Many new problems reinforcing key concepts.
A Solutions Manual containing worked-out answers for end-of-chapter questions and problems can now be purchased (ISBN 0-13-060603-0).
New Excel-based software, DerivaGem, has been carefully designed to complement the material in the text. Updates to the software can be downloaded at: http://www.rotman.utoronto.ca/~hull

For more information on this and other Prentice Hall titles, please visit the Prentice Hall Web site at:
www.prenhall.com (Select "Finance" in the discipline finder).

Les informations fournies dans la section � A propos du livre � peuvent faire r�f�rence � une autre �dition de ce titre.

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