Mastering Financial Calculations : A Step-by-Step Guide to the Mathematics of Financial Market Instruments

Steiner, Bob, Steiner, Robert

ISBN 10: 027362587X / ISBN 13: 9780273625872

Published by Pearson Education, Limited, 1997

About this Item

Used book that is in clean, average condition without any missing pages.

Seller Inventory # 368423-6

Bibliographic Details

• Title: Mastering Financial Calculations : A Step-by-Step Guide to the Mathematics of Financial Market Instruments
• Publisher: Pearson Education, Limited
• Publication Date: 1997
• Language: English
• ISBN 10: 027362587X
• ISBN 13: 9780273625872
• Binding: Soft cover
• Edition: 1st Edition.
• Condition: Good

About this title

Synopsis

Mastering Financial Calculations starts by introducing the fundamentals of financial market arithmetic, including the core concepts of discounting, net present value, effective yields and cashflow analysis, and then shows you step-by-step how to master the essential calculations and financial techniques for using the full range of products in the markets.  The links between the different instruments and the resulting arbitrage opportunities are fully explored, together with the practical difficulties. Making use of many worked examples and practical exercises, the book goes on to explain concepts such as forward pricing, duration analysis, the different approaches to bond yield calculations, zero-coupon and yield curve analysis, swap valuation and option pricing in a clear and accessible way, at each stage illustrating their application using a programmable calculator. Whether you are a trader, fund manager, corporate treasurer, programmer, accountant, risk manager or market student, this book will give you the ability to manipulate and apply the relevant techniques with speed and confidence in your marketplace. The book includes essential course material and practice exercises for ACI qualifications.

About the Author

Robert Steiner is Managing Director of Markets International, Ltd., an independent company specializing in international financial training, and in consulting on foreign exchange with finance directors and treasurers of international companies. He is also author of Mastering Repo Markets.