Available:*
Library | Item Barcode | Call Number | Material Type | Item Category 1 | Status |
---|---|---|---|---|---|
Searching... | 30000003165077 | HG4026.S64 1995 | Open Access Book | Book | Searching... |
Searching... | 30000005004746 | HG4026.S64 1995 | Open Access Book | Book | Searching... |
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Summary
Summary
Managing Financial Risk provides an up-to-date, comprehensive look at how derivatives can be used to manage risk & maximize value within today's highly volatile financial environment. The authors provide in-depth explanations of forwards, futures, swaps, options & "exotic" derivatives, showing how to use these instruments to hedge a firm against unexpected movements in foreign exchange rates, interest rates, & commodity prices. Invaluable to every corporate financial professional, Managing Financial Risk explains: How risk management can increase a firm's value; The variety of risk management products, including forwards, futures, swaps, options, & hybrid securities-as well as a practical approach to implementing these products in a firm; The essentials of financial engineering including how to build customized hedging instruments that accomplish an organization's specific risk management objectives.
Table of Contents
The Evolution of Risk Management Products |
An Overview of the Risk Management Process |
Impact of the Introduction of the Risk Management Products |
Forward Contracts |
Applications of Forwards |
Futures |
Applications of Futures |
Swaps |
Applications of Swaps |
A Primer on Options |
First-Generation Options |
Applications of Options |
Second-Generation Options |
Engineering ``New'' Risk Management Products |
Hybrid Securities |
The Dealer's Perspective |
Measuring and Managing Default Risk |
Managing Price Risk in a Portfolio of Derivatives |
Risk Governance |
Risk Management and the Value of a Nonfinancial Firm |
Measuring a Nonfinancial Firm's Exposure to Financial Price Risk |
Implementing a Risk Management Program |
Uses of Risk Management Products by Banks and Other Financial Institutions |
Uses of Risk Management Products by Institutional Investors |