Simulation Techniques in Financial Risk Management More than 300 exercises at the end of each chapter provide the opportunity for readers to apply new concepts and test their knowledge. Answers for selected exercises (at the rear of the book) offer additional insights to help readers consolidate their understanding Simulation Techniques in Financial Risk Management Second Edition takes a unique approach to the field of simulations by focusing on techniques needed by practitioners in the financial and risk management industries. Key concepts are illustrated with extensive use of examples and case studies in finance and risk management; readers can then reproduce the results of the studies using Excel® VBA (new to this edition). In the new edition readers become well versed in many of the recent innovations in simulations and risk management such as advanced option pricing models beyond the Black Scho