The Options Primer provides a brief yet comprehensive introduction to the complex issues surrounding options. To help the reader develop an understanding of the factors that affect option pricing, the text employs a building block approach. The first three chapters explore the essential institutional features of the US options market, trading strategies and their payoffs, and develop boundaries to specify the ranges in which exact option prices must lie. Chapters Four and Five focus on formal pricing models to specify option prices. By moving from the Binomial Model to the Black-Scholes Model and Merton Model, the reader gradually develops an understanding of how movements in stock price affect option pricing. The text is accompanied by OPTVAL!, an IBM PC program which computes virtually all of the model prices and examples in the text. Where applicable, the program can also graph option relationships. These capabilities make OPTVAL! an effective learning tool to illustrate and explore the option pricing relationships in the text , while saving the user time that would otherwise be spent performing tedious computations. The texts brief, yet comprehensive overview of the complex issues surrounding options, the building block approach toward the factors affecting option pricing, and OPTVAL! software make The Options Primer a valuable resource for professionals as well as an ideal supplement to undergraduate and graduate finance and economics courses.
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The first full-color work text in the developmental writing market, Odyssey focuses on helping students build paragraph and essay writing skills. With its encouraging tone, careful explanations, and abundance of carefully sequenced and incrementally challenging exercise sets, it enables students to view writing as a means of discovering more about themselves and their surroundings. *The text's organization and self-contained chapters within each part ensure cumulative skill development and allow flexibility in course design: *Part I - A thorough overview of the writing process, including exercises that help students examine their attitudes and fears about writing. *Part II - An introduction to the patterns of development. *Part III - A transition to essay writing that shows how to apply the patterns to longer pieces and adapt them for essay exams. *Parts IV-VI - Self-contained chapters provide review and extensive practice in grammar, punctuation, and mechanics. *Part VII - An anthology of student and professional readings with an introduction on critical reading and comprehension. Also includes writing exercises.
*Appendices - Writing with a word processor and tips for ESL students. In every chapter, Odyssey offers a progression of exercises that begin with comprehension and practice of fundamental concepts. Some exercise sets focus on invention and the writing of short pieces. Students can then proceed to exercises that call for critical thinking, drafting, and revision. Grammar, mechanics, and punctuation chapters conclude with summary exercises that call upon students to use all the grammar and sentence skills learned in the chapter. In addition, many chapters contain a pair of Discovering Connections exercises. The first, which falls early in the chapter, is a prewriting assignment with an array of topic possibilities. The second is a drafting and revision exercise based upon the prewriting and calls for peer review."About this title" may belong to another edition of this title.
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