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Item Details
Title: MASTERING FINANCIAL CALCULATIONS
A STEP-BY-STEP GUIDE TO THE MATHEMATICS OF FINANCIAL MARKETS
By: Bob Steiner
Format: Paperback

List price: £37.99


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ISBN 10: 027362587X
ISBN 13: 9780273625872
Publisher: PEARSON EDUCATION LIMITED
Pub. date: 17 December, 1997
Series: Market Editions S.
Pages: 416
Description: Explains financial concepts and mathematical techniques. This book introduces the fundamentals of financial market arithmetic, including the core concepts of discounting, net present value, effective yields and cashflow analysis. It also describes concepts such as forward pricing, duration analysis, zero-coupon and yield curve analysis, and more.
Synopsis: "Mastering Financial Calculations" starts by introducing the fundamentals of financial market arithmetic, including the core concepts of discounting, net present value, effective yields and cashflow analysis, and then shows you step-by-step how to master the essential calculations and financial techniques for using the full range of products in the markets. The links between the different instruments and the resulting arbitrage opportunities are fully explored, together with the practical difficulties. Making use of many worked examples and practical exercises, the book goes on to explain concepts such as forward pricing, duration analysis, the different approaches to bond yield calculations, zero-coupon and yield curve analysis, swap valuation and option pricing in a clear and accessible way, at each stage illustrating their application using a programmable calculator. Whether you are a trader, fund manager, corporate treasurer, programmer, accountant, risk manager or market student, this book will give you the ability to manipulate and apply the relevant techniques with speed and confidence in your marketplace.The book includes essential course material and practice exercises for ACI qualifications.
Returns: Returnable
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