Mastering Financial Calculations: A Step-by-Step Guide to the Mathematics of Financial Market Instruments (Financial Times Series)
by Bob Steiner
Category: Business & Economics

A step-by-step guide to the mathematics of financial market instruments. If you work in today's financial markets, you need to master the maths. Mastering Financial Calculations explains financial mathematics and calculations in a clear and comprehensive way. Even if your mathematical background is limited, you'll learn what you need to know. Beginning with the fundamentals of financial market arithmetic, the book walks you through the concepts of discounting, net present value, effective yields, cash flow analysis, futures, zero coupon analysis, interest rate and currency swaps and much more. Making use of examples and practical exercises Mastering Financial Calculations explains challenging concepts and calculations all with exceptional clarity. Mastering Financial Calculations includes: * *The fundamentals of financial calculations *Money market calculations *Forward-forwards and FRAs *Interest rate futures *Bond market calculations *Repos, buy, sell-backs and securities lending *Zero-coupon rates and yield curves *Foreign exchange calculations *Interest rate and currency swaps *Options-pricing, volatility and sensitivities *Equities *Gold and other commodities