Business Aspects of Engineering

Financial Engineering

Name: Financial Engineering
Author: Brian Anthony Eales
ISBN: 9780312230487

by Brian Anthony Eales

Write a review

Overview

Financial Engineering details the creative use of financial products to maximize the value of a portfolio and reduce the risk associated with this kind of investment. For the more advanced topics there are a series of spreadsheets which allow the user to price a variety of exotic options in binomial and Black & Scholes frameworks, value equity and other special swap structures, analyze option hedging positions incorporating bid-ask spreads and volatility smiles and frowns.

About the Author, Brian Anthony Eales

Brian Eales is Principal Lecturer in Financial Economics in the Department of Economics at London Guildhall University.

Reviews

There are no reviews yet. Log in to write one.

Editorials

Booknews

This book/disk package provides wide-ranging and in-depth coverage of the instruments used in the construction of financial products. It begins with a description of the fundamental instruments used in financial engineering and their valuation, then analyzes how those instruments can be combined to create synthetic structures. Later chapters cover more advanced financial products, discussing their composition, valuation, and risk hedging considerations. The disk contains EXCEL spreadsheets that allow readers to experiment with value equity, pricing exotic options in binomial and Black & Scholes frameworks, and analysis of option hedging positions. Operation of the software is integrated into the main body of the book. Eales teaches financial economics at London Guildhall University. Annotation c. Book News, Inc., Portland, OR (booknews.com)