The deregulated environment of the past decade has brought fundamental changes in the field of financing and has provided a climate for the introduction of innovative financial techniques and instruments. This book provides an in-depth overview of today's financial services industry, offering detailed accounts of the variety of financial instruments available. Included is full coverage of financial futures, currency swaps, floating rate securities, zero coupon bonds, securitized debts, synthetic securities, debt-equity hybrids, and many others.
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