Advanced Modelling in Finance using Excel and VBA (The Wiley Finance Series) - Hardcover

Jackson, Mary; Staunton, Mike

Hardcover

ISBN 10: 0471499226 ISBN 13: 9780471499220

Publisher: Wiley, 2001

Synopsis

This new and unique book demonstrates that Excel and VBA can play an important role in the explanation and implementation of numerical methods across finance. Advanced Modelling in Finance provides a comprehensive look at equities, options on equities and options on bonds from the early 1950s to the late 1990s. The book adopts a step-by-step approach to understanding the more sophisticated aspects of Excel macros and VBA programming, showing how these programming techniques can be used to model and manipulate financial data, as applied to equities, bonds and options. The book is essential for financial practitioners who need to develop their financial modelling skill sets as there is an increase in the need to analyse and develop ever more complex 'what if' scenarios.* Specifically applies Excel and VBA to the financial markets* Packaged with a CD containing the software from the examples throughout the book Note: CD-ROM/DVD and other supplementary materials are not included as part of eBook file.

About this title

Review:

No. 4 bestseller in 'General Finance' (erivativesreview.com, December 2001)

From the Author:

We only use macros where VBA functions cannot be used (such as for charts and Solver). For everything else, the spreadsheets are complemented with scores of VBA user-defined functions that do everything up to and including solving for eigenvalues and option valuation using binomial trees with thousands of steps. In particular, chapter 12 uses simulation to value options and the asociated VBA user-defined functions include both antithetic-variate and quasi-random numbers (with not a macro in sight)

About this edition

• Publisher: Wiley
• Publication date: 2001
• ISBN 10: 0471499226
• ISBN 13: 9780471499220
• Binding: Hardcover
• Edition number: 1
• Number of pages: 288