Introduction to Derivatives and Risk Management

This text equips you with a rock-solid understanding of how derivatives are used to manage the risks of financial decisions. Extremely student friendly, market-leading "Introduction To Derivatives and Risk Management," 11th Edition, is packed with real-world examples while keeping technical mathematics to a minimum. With a blend of institutional material, theory and practical applications, the text delivers detailed coverage of options, futures, forwards, swaps and risk management as well as a balanced introduction to pricing, trading and strategy. The financial information throughout reflects the most recent changes in the derivatives market -- one of the most volatile sectors in the financial world. The Taking Risk in Life feature illustrates the application of risk management in real-world financial decisions.