Summary |
This book presents a detailed analysis of theoretical concepts and practical approach in derivatives option, futures, forward, swap. It provides a deeper insight into the conceptual background as well as practical application of derivatives. Apart from discussing stock, index and commodity derivatives, the book discusses currency and weather derivatives that are of recent origin.
Practical application of derivatives as a strategy for risk management and speculation has been explained using real-life prices of shares, index, commodities, currencies and derivatives based on these underlying assets. The book contains a good number of solved and unsolved questions on valuation of derivatives, risk management and strategic application of derivatives.
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