Login       My Wishlist
  My Cart
$0.00 / 0 items
 
HYIP Offer
The Knowledge You Need to Make Smart, Safe Investments
 
International Access
Global Shipping Options Available
Home About Us News Our Blog Our Catalog My Cart My Account Track Shippment Contact Us
  Our Catalog   Bonds

Modern Pricing of Interest-Rate Derivatives: The LIBOR Market Model and Beyond


Huge Savings Item! Free Shipping Included! Save 13% on the Modern Pricing of Interest-Rate Derivatives: The LIBOR Market Model and Beyond by Brand: Princeton University Press at HYIP Offer. Hurry! Limited time offer. Offer valid only while supplies last. In recent years, interest-rate modeling has developed rapidly in terms of both practice and theory. The academic and practitioners' communities,


Product Description

In recent years, interest-rate modeling has developed rapidly in terms of both practice and theory. The academic and practitioners' communities, however, have not always communicated as productively as would have been desirable. As a result, their research programs have often developed with little constructive interference. In this book, Riccardo Rebonato draws on his academic and professional experience, straddling both sides of the divide to bring together and build on what theory and trading have to offer.


Rebonato begins by presenting the conceptual foundations for the application of the LIBOR market model to the pricing of interest-rate derivatives. Next he treats in great detail the calibration of this model to market prices, asking how possible and advisable it is to enforce a simultaneous fitting to several market observables. He does so with an eye not only to mathematical feasibility but also to financial justification, while devoting special scrutiny to the implications of market incompleteness.


Much of the book concerns an original extension of the LIBOR market model, devised to account for implied volatility smiles. This is done by introducing a stochastic-volatility, displaced-diffusion version of the model. The emphasis again is on the financial justification and on the computational feasibility of the proposed solution to the smile problem. This book is must reading for quantitative researchers in financial houses, sophisticated practitioners in the derivatives area, and students of finance.

Additional Information

Manufacturer:Princeton University Press
Brand:Brand: Princeton University Press
Publisher:Princeton University Press
Studio:Princeton University Press
EAN:9780691089737
Item Weight:1.9 pounds
Item Size:1.06 x 9.21 x 9.21 inches
Package Weight:1.81 pounds
Package Size:6.3 x 1.34 x 1.34 inches

Modern Pricing of Interest-Rate Derivatives: The LIBOR Market Model and Beyond by Brand: Princeton University Press

Buy Now:
Modern Pricing of Interest-Rate Derivatives: The LIBOR Market Model and Beyond

Brand: Brand: Princeton University Press
4.9 out of 5 stars with 9 reviews
Condition: New
Lead Time: 1 - 2 Business Days
Availability: In Stock
$157.50
$138.38
You Save: 12%


Quantity:  

 


View More In Bonds.

 


Have questions about this item, or would like to inquire about a custom or bulk order?


If you have any questions about this product by Brand: Princeton University Press, contact us by completing and submitting the form below. If you are looking for a specif part number, please include it with your message.

First Name:
Last Last:
Email Address:
Your Message:

Related Best Sellers


ean: 9780470091715, isbn: 0470091711,
This new edition of the hugely successful Quantitative FinancialEconomics has been revised and updated to reflect the mostrecent theoretical and econometric/empirical advances in thefinancial markets.   It provides an introduction to models ofeconom...

ean: 9780470852774, isbn: 0470852771,
This textbook will be designed for fixed-income securities coursestaught on MSc Finance and MBA courses. There is currently nosuitable text that offers a 'Hull-type' book for the fixed incomestudent market. This book aims to fill this need. The book ...

ean: 9780471295419, isbn: 0471295418,
A powerful new way to navigate today's unprecedented marketconditions"Bill Williams' pioneering application of chaos theory to thefinancial markets is leading technical analysis into thetwenty-first century and beyond. New Trading Dimensions presents...

ean: 9780471978725, isbn: 0471978728,
The Convertible Bonds (CB) market is growing all the time. To date, over one trillion dollars worth of CBs are in circulation. Corporations are finding this source of fund-raising more and more attractive. And for different reasons, the buyers are fi...

ean: 9780471393658, isbn: 0471393657,
Praise for the Classic Guide to the Bond Market"This is simply the most comprehensive, useful look-it-up book onmunicipal bonds I've ever read (said with all due respect to TheABC of Municipal Bonds my dad wrote in 1937 when I was nine). ReadFundamen...

ean: 9780136078975, isbn: 0136078974,
Learn how to assess and invest in bonds with this best-selling text. Fabozzi's Bond Markets is the most applied book on the market.  It prepares students to analyze the bond market and manage bond portfolios without getting bogged down in the theory...

ean: 9780691128313, isbn: 0691128316,
The practice of institutional bond portfolio management has changed markedly since the late 1980s in response to new financial instruments, investment methodologies, and improved analytics. Investors are looking for a more disciplined, quantitative a...

ean: 9781634846981, isbn: 1634846982,

ean: 9780470689684, isbn: 0470689684,
This is a complete guide to the pricing and risk management of convertible bond portfolios. Convertible bonds can be complex because they have both equity and debt like features and new market entrants will usually find that they have either a knowle...

ean: 9780071746687, isbn: 0071746684,
Public companies acquire most of their outside capital from debt fi nancing and, more specifi cally, leveraged finance--an asset class that falls somewhere between traditional fixed income and stocks. While this type of debt fi nancing carries signif...



Privacy Policy / Terms of Service
© 2018 - hyipoffer.com. All Rights Reserved.