The volatility surface

a practitioner's guide

This work presents a detailed look at the volatility surface. The volatility surface, formed from implied volatilities of all strikes and expirations, moves around. This randomness needs to be explicitly modeled for the effective pricing, trading, and risk management of equity derivatives. Focusing on equity ...

Valoración de operaciones financieras

El doble objetivo de este libro es por un lado, definir de una forma clara y concisa los conceptos y herramientas más importantes en los que se sustenta la matemática financiera y, por otro lado, abordar la valoración de las operaciones financieras que con más ...

A Benchmark approach to quantitative finance

The benchmark approach provides a general framework for financial market modeling, which extends beyond the standard risk-neutral pricing theory. It permits a unified treatment of portfolio optimization, derivative pricing, integrated risk management and insurance risk modeling. The existence of an equivalent risk-neutral pricing measure is ...

Getting started in real estate investment trusts

This work provides an accessible introduction to Real Estate Investment Trusts (REITs). The growth of REITs as an asset class has created an excellent opportunity for small investors to participate in the ownership of institutional-quality real estate. "Getting Started in Real Estate Investment Trusts" examines ...

An undergraduate introduction to financial mathematics

This textbook provides an introduction to financial mathematics and financial engineering for undergraduate students who have completed a three or four semester sequence of calculus courses. It introduces the theory of interest, random variables and probability, stochastic processes, arbitrage, option pricing, hedging, and portfolio optimization ...

Financiación internacional de la empresa

La relevancia valorativa de los dividendos y los factores determinantes dela política de dividendos

un análisis empírico a nivel europeo

Presenta este libro un análisis de la relevancia de los dividendos para explicar el valor de mercados de las acciones. Para ello, se utiliza un modelo de valoración en el que intervienen los resultados y los dividendos, teniendo en cuenta qué factores pueden hacer a ...

Project valuation using real options

a practitioner's guide

Project investments are an organization's greatest risk. This book explains why traditional project valuation methods are no longer effective and provides a new approach to enable flexible decision making for executives and practitioners to minimize project investment risks and maximize returns.

The hedge fund compliance and risk management guide

This work presents a complete and innovative review of hedge funds' most important compliance and risk management issues. "The Hedge Fund Compliance and Risk Management Guide" provides a broad examination of hedge fund operations, describing how risks are managed within global financial markets. This reference ...

Quantitative management of bond portfolios

The practice of institutional bond portfolio management has changed markedly since the late 1980s in response to new financial instruments, investment methodologies, and improved analytics. Investors are looking for a more disciplined, quantitative approach to asset management. Here, five top authorities from a leading Wall ...

Sovereign default risk valuation

implications of debt crises and bond restructurings

Modeling and forecasting primary commodity prices

The publication of this book at this time is particularly important. Recent economic growth in China and other Asian countries has led to increased commodity demand which has caused price rises and accompanying price fluctuations not only for crude oil but also for the many ...

Medios de pago y operaciones de financiación empresarial

El papel del director financiero ha cambiado sustancialmente en los últimos años. A todos los efectos, la función financiera debe ser, cada vez más, el eje central de la compañía hacia donde fluye toda la información necesaria para seleccionar las oportunidades de negocio y tomar ...

Risk and management accounting

best practice guidelines for enterprise-wide internal control procedures

This CIMA research report builds on a pilot study undertaken by the authors. A framework for risk management was developed as a result of the research. This research report describes the results of a major survey-based research study entitled "Risk and Management Accounting". The development ...

Modern portfolio theory and investment analysis

An update of a classic book in the field, "Modern Portfolio Theory" examines the characteristics and analysis of individual securities as well as the theory and practice of optimally combining securities into portfolios. It stresses the economic intuition behind the subject matter while presenting advanced ...

Handbook of alternative assets

This is a comprehensive guide that examines how alternative asset classes can be incorporated into a diversified portfolio. Written by financial expert Mark J. P. Anson, this fully updated and revised Second Edition of the "Handbook of Alternative Assets" examines the five major classes of ...

Proyectos de inversión

formación y evaluación

Prefacio. I. Proyectos en empresas en marcha. II. Comportamientos del mercado: marco económico y predictivo. III. Costos relevantes en proyectos de cambio. IV. Efectos tributarios de un proyecto sobre la empresa. V. Costos e inversiones, VI. Cálculos de beneficios del proyecto. VII. Como construir los ...

Value averaging

the safe and easy strategy for higher investment returns

Foreword by William J. Bernstein. ------------------------------------------------------------------------ ------------------------------------------------------------------------ ------------------------------------------------------------------------ Michael Edleson first introduced his concept of value averaging to the world in an article written in 1988. He then wrote a book entitled "Value Averaging" in 1993, which has been nearly impossible to find until now. With the reintroduction ...

Análisis y valoración sectorial

La valoración de empresas es un campo dentro de las finanzas muy abierto a la discusión, al tratarse de una disciplina en la que los profesionales tienen todavía una gran influencia sobre el resultado de su trabajo. Los autores apreciaron claramente la necesidad de ahondar ...

Let's buy a company

how to accelerate growth through acquisitions

From identifying a target and calculating a price, to negotiating terms and just about every other aspect of an M&A transaction through the post closing transition period, this book leads the small company owner or executive through the entire acquisition procedure. A company with ...