| Description |
xvi, 378 pages : illustrations ; 24 cm |
| Series |
Current issues in finance |
|
Current issues in finance.
|
| Contents |
1. Introduction, basic concepts and reminders -- 2. The attitude of a rational individual towards risk -- 3. Portfolio choices -- 4. The Capital Asset Pricing Model: statement and use -- 5. Critique and evaluation of the CAPM -- 6. Option pricing by the arbitrage method -- 7. Option pricing in continuous time -- 8. Evaluation of the liabilities and assets of a limited company; financial engineering -- 9. The term structure of interest rates -- 10. The movement of interest rates and the price of bonds -- 11. Options on interest rates and on interest-sensitive instruments |
| Summary |
Finance is an area of business practice that has been deeply influenced by theoretical developments. This book provides the basic theoretical foundations necessary to understand how three broad classes of assets - stocks, options and bonds - are valued on financial markets, while developing the crucial concepts of market equilibrium and arbitrage. The analysis is rigorous, yet successfully bridges the gap between mathematical and non-mathematical approaches to provide a book which will be of interest to both academics and practitioners |
| Analysis |
Capital assets pricing model |
|
Equilibrium (Economics) |
|
Options (Finance) Prices Mathematical models |
|
Securities Prices Mathematical models |
| Bibliography |
Includes bibliographical references and index |
| Subject |
Bonds.
|
|
Capital assets pricing model.
|
|
Equilibrium (Economics)
|
|
Options (Finance) -- Prices -- Mathematical models.
|
|
Interest rates.
|
|
Securities -- Prices -- Mathematical models.
|
| Author |
Allaz, Blaise Laurent.
|
| LC no. |
96127635 |
| ISBN |
0412538806 (UK and the rest of the world) |
|
0538847778 (North America only) |
|
