Financial Engineering: Tools and Techniques to Manage Financial Risk
Financial engineering and the use of derivatives is critical for any corporation that needs to manage financial risk. It is vital for business managers to understand the use of derivatives and the risks involved. Written with a clear and concise style, Financial Engineering: Tools and Techniques to Manage Financial Risk carefully explains the tools of financial engineering and defines each instrument in depth. It describes the markets in which they are traded, and explains how each product is priced and hedged. All applications are illustrated with fully-worked practical examples, and recommended tactics and techniques are "tested" by demonstrating the results with recent historical data.
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Financial engineering: tools and techniques to manage financial riskUser Review - Not Available - Book Verdict
The collapse of the fixed exchange rate system in the early 1970s and its replacement by floating rates created remarkable opportunities for financial innovations. Such innovations supported by recent ... Read full review