This introduction to futures and options markets is ideal for those with limited background in mathematics. Based on Hull's Options, Futures and Other Derivatives, one of the best-selling books on Wall Street and in the college market, this text offers an accessible presentation of the topic without the use of calculus.

From the Back Cover

Thoroughly revised and updated, the Fourth Edition includes:

Three new chapters:
- Exotic Options and Other Non-Standard Products
- Credit, Weather, Energy, and Insurance Derivatives
- Derivative Mishaps and What We Can Learn from Them
Important new material on interest rate markets, volatility smiles, and value at risk.
Many new problems reinforcing key concepts.
A Solutions Manual containing worked-out answers for end-of-chapter questions and problems can now be purchased (ISBN 0-13-060603-0).
New Excel-based software, DerivaGem, has been carefully designed to complement the material in the text. Updates to the software can be downloaded at: http://www.rotman.utoronto.ca/~hull

For more information on this and other Prentice Hall titles, please visit the Prentice Hall Web site at:
www.prenhall.com (Select "Finance" in the discipline finder).

"About this title" may belong to another edition of this title.

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