SALIH N. NEFTCI

La obra obra consta de balances teórico-prácticos. También incluye productos derivados. Incluye ejercicios al final de cada capítulo y casos prácticos par estudio. Analiza los activos financieros y los instrumentos derivados desde la perspectiva de la ingenieria financiera. Ofrece un enfoque diferente al de la literatura financiera actual en el analisis de activos financieros y de instrumentos derivados. Describe los metodos para la creacion sintetica de activos en ambientes estaticos y dinamicos, y demostrar como usarlos. Hace enfasis en los metodos en proceso de desarrollo, los cuales sirven para resolver problemas relacionados con la administracion de riesgos, aspectos impositivos, regulaciones y, sobre todo, problemas de valuacion.

The intuitive, step-by-step approach of this book makes it one of the most accessible and popular explanations of the mathematical models used to price derivatives. For the Second Edition, Salih N. Neftci has thoroughly expanded one chapter, added six new ones, and inserted chapter-concluding exercises. He does not assume that the reader has a thorough mathematical background, and the math is lucid and fresh. His explanations of financial calculus are remarkable for their simplicity and perception.

Salih N. NeftciFive new chapters, numerous additions to existing chapters, and an expanded collection of questions and exercises make this Second Edition an essential part of everyone's library. Between defining swaps on its first page and presenting a case study on its last, Neftci's introduction to financial engineering shows readers how to create financial assets in static and dynamic environments. Poised among intuition, actual events, and financial mathematics, this book can be used to solve problems in risk management, taxation, regulation, and above all, pricing. * The Second Edition presents 5 new chapters on structured product engineering, credit markets and instruments, and principle protection techniques, among other topics * Additions, clarifications, and illustrations throughout the volume show these instruments at work instead of explaining how they should act * The Solutions Manual enhances the text by presenting additional cases and solutions to exercises