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Description
Derivatives – Principles and Practice (2nd Edition) – eBook PDF
Derivatives 2nd edition (PDF) makes a special effort throughout the textbook to explain what lies behind the formal mathematics of hedging and pricing. Questions ranging from ‘how are forward/future prices determined?’ to ‘why does the Black-Scholes formula have the form it does?’ and ‘what is a call option?’ ‘how to price a put option?’ are answered throughout the PDF etextbook. The authors use pictorial and verbal expositions, and sometimes simple mathematical models, to explain underlying principles before proceeding to formal analysis. Extensive uses of numerical examples including using real data for illustrative purposes are used throughout to supplement the intuitive and formal presentations.
Note: This only includes ‘Derivatives: Principles and Practice 2e’ PDF. No online codes are included/bundled with this purchase.
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