Derivatives

• Written in a clear and concise style to ensure that students can understand this difficult area
• Thorough explanation of how to price, value and use derivatives
• Deals with the four primary types of derivative contracts
• Includes analysis of computer software used by derivatives professionals

Readership: For students taking a course in risk management.

David A. Dubofsky, Virginia Commonwealth University, and Thomas W. Miller, Department of Finance, College of Business and Public Administration, University of Missouri, Columbia, MO

Part One: Introduction to Derivatives and Risk Management:
1: An Overview of Derivative Contracts
2: Risk and Risk Management
Part Two: Forward Contracts and Futures Contracts:
3: Introduction to Forward Contracts
4: Using Forward Contracts to Manage Risk
5: Determining Forward Prices and Futures Prices
6: Introduction to Futures
7: Risk Management with Futures Contracts
8: Stock Index Futures
9: Treasury Bond and Treasury Note Futures
10: Treasury Bill and Eurodollar Features
Part Three: Swaps:
11: An Introduction to Swaps
12: Using Swaps to Manage Risk
13: Pricing and Valuing Swaps
Part Four: Options:
14: Introduction to Options
15 Options Strategies and Profit Diagrams:
16: Arbitrage Restrictions on Option Prices
17: The Binomial Option Pricing Model
18: Continuous Time Option Pricing Models
19: Risk Management for Using Options
Part Five: Derivative Frontiers:
20: Current Topics in Risk Management