Options, Futures and Other Derivatives (Original 11Th Edition)

Options, Futures and Other Derivatives (11th edition of the original book) is a "classic" for financial derivatives practitioners, and a best-selling textbook for college students. The book takes a closer look at the overnight reference rates that will replace LIBOR and the way they determine the zero-coupon yield curve in light of current financial issues. The author uses as little mathematical knowledge as possible and provides a large number of industry examples. He mainly describes the operating mechanism of the futures market, hedging strategies using futures, determination of forward and futures prices, the operation process of the options market, the nature of employee stock options, option trading strategies and credit derivatives, Black-Colsmerton model, Greek value and its application, etc. This book is not only a textbook for undergraduates, graduate students and MBAs majoring in business, economics, financial mathematics and financial engineering, but also a good desk reference book for those who aspire to become professional financial practitioners or successful individual investors!