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Fixed Income Securities Tools for Today’s Markets

Chia sẻ: Nguyen Nhi | Ngày: | Loại File: PDF | Số trang:0

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The goal of this edition is the same as that of the first: to present the conceptual framework used for the pricing and hedging of fixed income securities in an intuitive and mathematically simple manner. But, in striving to fulfil this goal, this edition substantially revises and expands the first. Many concepts developed by expert practitioners and academics remain mysterious or only partially understood by many. Examples include convexity, risk-neutral pricing, risk premium, mean reversion, the futuresforward effect, and the financing tail....

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Nội dung Text: Fixed Income Securities Tools for Today’s Markets

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