Introduction to Derivative Securities By Robert A. Jarrow – Test Bank

Exam Collection For Overview of Derivative Securities By Robert A. Jarrow

1. ISBN-10

   194465965X
2. ISBN-13

   978-1944659653
3. Authored by two of the most prominent finance scholars in the field, this initial textbook on derivatives and risk management is highly approachable in terms of the concepts as well as the mathematics.
   With its economic standpoint, this revised and simplified second edition textbook, is closely linked to actual markets, and:
   • Demonstrates how macroeconomic forces have influenced the markets
   • Clarifies the major derivative pricing models using algebra and introductory calculus
   • Illustrates students how to apply these models using basic statistics and fundamental Excel spreadsheet skills
   • Explores the uses of derivatives while cautioning against their misuses
   • Presents difficult interest rate derivatives in an intuitive manner

   Introduces the Heath Jarrow Morton model, which is the most advanced derivatives pricing model, in an understandable way by presenting it alongside classical option pricing theory Starting at a level that is comfortable to lower division college students, the book progressively develops the content so that its lessons can be effectively applied by business majors, arts, science, and engineering graduates as well as MBAs who would enter the finance industry. Supplementary materials are available to instructors who adopt this textbook for their courses. These include:

   • Solutions Manual with comprehensive solutions to nearly 500 end-of-chapter questions and exercises
   • PowerPoint slides and an Exam Collection for adopters
   • PRICED! In accordance with current teaching trends, we have integrated spreadsheet applications throughout the text. Our aim is for students to achieve self-reliance so that they can create all the models and graphs in this book through a spreadsheet software, Priced!

   Readership: Undergraduate and postgraduate students of economics, business, arts, science and engineering, and MBAs who would pursue careers in the finance sector.