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Understanding and Managing Interest Rate Risks

by Ren-Raw Chen
Save 17% Save 17%
Current price ₹5,782.00
Original price ₹6,939.00
Original price ₹6,939.00
Original price ₹6,939.00
(-17%)
₹5,782.00
Current price ₹5,782.00

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Book cover type: Hardcover
  • ISBN13: 9789810227517
  • Binding: Hardcover
  • Subject: N/A
  • Publisher: World Scientific Publishing Company
  • Publisher Imprint: World Scientific Publishing Company
  • Publication Date:
  • Pages: 176
  • Original Price: USD 56.0
  • Language: English
  • Edition: N/A
  • Item Weight: 359 grams
  • BISAC Subject(s): General

The book is a systematic summary of modern term structure theories and how interest rate contingent claims are priced under such theories. This is the first book on such an attempt. The book reviews important term structure models and chooses one model to consistantly demonstrate contingent claim pricing. Well-known models are included and their relationships are thoroughly discussed. The book also provides a complete process of model implementation from parameter estimation to hedging. Examples are provided throughout.

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