Most investors and risk managers are familiar with financial options. But the real option structure is embedded in billions of dollars of stocks traded everyday, and in billions of dollars of strategic or inves…

How do you bring real world scenarios into your course? Or would you like to? Business Snapshots (about 60 in total, found in almost all chapters)—Carefully thought out and integrated into the main material …

A resource for understanding and practising valuation of both common fixed income investment vehicles and complex derivative instruments. The book provides a framework for evaluating any fixed income product, v…