A derivative is a contract that is used to transfer risk. There are many
different underlying risks, ranging from fluctuations in energy prices to
weather risks. Most derivatives, however, are based on financial securities
such as common stocks, bonds and foreign exchange instruments.
The market in bond market securities, also known as the fixedincome
market, is incredibly large and diverse, and one that plays
an irreplaceable part in global economic development. The vast
majority of securities in the world today are debt instruments, with outstanding
volume estimated at more than $10 trillion.
Fixed-Income Securities and Derivatives Handbook provides a concise
and accessible description of the main elements of the markets, concentrating
on the instruments used and their applications.
In recent years, the credit derivatives market has become extremely active. Especially
credit default swaps (CDSs) and collateralized debt obligations (CDOs) have contributed
to what has been an amazing development.
The most important benefit of credit derivatives is their ability to transfer the credit
risk of an arbitrary number of obligors in a simple, efficient, and standardized way, giving
rise to a liquid market for credit risk that can be easily accessed by many market
(BQ) Part 2 book "Options futures and other derivatives" has contents: Volatility smiles, basic numerical procedures, exotic options, more on models and numerical procedures, martingales and measures, real options, derivatives mishaps and what we can learn from them,...and other contents.
(BQ) Part 2 book "Options, futures and other derivatives" has contents: Options on stock indices and currencies; futures options, the Greek letters, basic numerical procedures, volatility smiles, basic numerical procedures; estimating volatilities and correlations, credit derivatives,...and other contents.
Basics of Corporate Finance serves as an introductory course for students beginning
their study of finance and financial markets. The ideas and calculations presented in
this workbook serve as the foundation for continued study in the areas related to
corporate finance and the capital and derivative markets. The purpose of this course
is to help the student build a working vocabulary of the financial world and to
understand the basic computations used by analysts working in the corporate finance
Biology is a natural science concerned with the study of life and living organisms, including their structure, function, growth, origin, evolution, distribution, and taxonomy. Biology is a vast subject containing many subdivisions, topics, and disciplines.
The web page is derived from data that changes frequently, results from search engines and order confirmation pages at on-line stores, The web page uses information from databases or other server-side sources.For a general Servlet you must subclass javax.servlet.GenericServlet...
The book emphasizes interactive operation in developing computer programs throughout, enabling the values of the parameters involved in the problem to be entered by the user of the program via a keyboard.
In introducing each numerical method, Engineering Analysis gives minimum mathematical derivations but provides a thorough explanation of computational procedures to solve a specific problem. It serves as an exceptional text for self-study as well as resource for general reference.
The purpose of writing this book was to overview recent hot topics in
gastroenterology with a focus directed towards information derived from the bench
and used at the patient's bedside. To address these issues, scientists who are working
on a daily basis in the field of experimental gastroenterology and clinical investigators,
with their chapter proposal's being peer-reviewed, all have integrated their attempts to
summarize the recent advances in the pathophysiology and therapy of upper and
lower gastrointestinal tract disorders....
Nanotechnology involves research and development on materials and species
at length scales between 1 and 100 nm. The term nano is derived from the
Greek word meaning “dwarf.” In dimensional scaling, nano refers to 10–9, i.e.,
one billionth of a unit. Thus, a nanometer is 10–9 m (0.000000001 m), or about
the size of a molecule such as benzene. Nanotechnology therefore, refers to the
techniques and methods for studying, designing, and fabricating things at the
As noted above, IFRS 4 does not require separation if the component itself meets
the definition of an insurance contract. In considering whether this exemption
applies, insurance risk is assessed in relation to the component. It may happen
that the contract as a whole does not fall within the scope of IFRS 4 because it
does not contain significant insurance risk, but that the component itself contains
significant insurance risk and, had it been a separate contract, would have fallen
within the definition of an insurance contract.
Caffeine, theophylline and theobromine are contained in coffee, chocolate (cocoa) and tea (black and green) as weakly basic natural alkaloids. The structures of the methylxanthine derivatives/xanthine derivatives including the above natural alkaloids together with synthetic ones are shown in Table 4.1 . Theophylline, dyphylline (diprophylline) and proxyphylline are being used mainly as bronchodilators and/or heart stimulants. Caffeine mildly stimulates the central nervous system (CNS), awakens people, relieves them from general fatigue and activates mental activities.
Major oil spills attract the attention of the public and the media. In recent years,
this attention has created a global awareness of the risks of oil spills and the damage
they do to the environment. However, oil is a necessity in our industrial society, and
a major sustainer of our lifestyle. Most of the energy used in Canada and the United
States is for transportation that runs on oil and petroleum products. According to
trends in energy usage, this is not likely to decrease much in the future.
It was in late 1995 to early 1996 (shortly after the birth of his first daughter Claire)
that the author first began to read the currently available finance books in order to
write C/Cþþ financial software. However, apart fromthe book Options Futures and
Other Derivatives by John Hull, he found very little information of practical help and
had to trawl through the original journal articles in the Bodleian library for more
information. Even then much information on how to implement and test various
models was not included.
10 Partial differentiation
Derive the ﬁrst-order partial derivatives of multi-variable functions. Apply the concept of partial differentiation to production functions, utility functions and the Keynesian macroeconomic model. Derive second-order partial derivatives and interpret their meaning.
8 Introduction to calculus
Differentiate functions with one unknown variable. Find the slope of a function using differentiation. Derive marginal revenue and marginal cost functions using differentiation and relate them to the slopes of the corresponding total revenue and cost functions.
The book deals with the MOS Field Effect Transistor (MOSFET) models that are derived from basic semiconductor theory. Various models are developed, ranging from simple to more sophisticated models that take into account new physical effects observed in submicron transistors used in today's (1993) MOS VLSI technology. The assumptions used to arrive at the models are emphasized so that the accuracy of the models in describing the device characteristics are clearly understood. Due to the importance of designing reliable circuits, device reliability models are also covered.
Mechanism to create new classes using existing classes
The existing class is called the parent class, or superclass,
or base class
The derived class is called the child class or subclass
As the name implies, the child inherits characteristics of the
That is, the child class inherits the methods and data defined
by the parent class. Once a behavior (method) is defined in a super class,
that behavior is automatically inherited by all subclasses