Options, Futures, and Other Derivatives -Solution Manual [Paperback]

JOHN C HULL (Author)

Book Description

Publication Date: August 4, 2008 | ISBN-10: 0136015891 | ISBN-13: 978-0136015895 | Edition: 7

As in the sixth edition, end-of-chapter problems are divided into two groups: ``Questions and Problems'' and ``Assignment Questions''. Solutions to the Questions and Problems are in  Options, Futures, and Other Derivatives 7e: Solutions Manual which is published by Pearson and can be purchased by students.

Product Details

• Paperback: 170 pages
• Publisher: Prentice Hall; 7 edition (August 4, 2008)
• Language: English
• ISBN-10: 0136015891
• ISBN-13: 978-0136015895
• Product Dimensions: 10.8 x 8.5 x 0.5 inches
• Shipping Weight: 2.1 pounds (View shipping rates and policies)
• Average Customer Review: 3.8 out of 5 stars  See all reviews (4 customer reviews)
• Amazon Best Sellers Rank: #273,955 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

2 of 2 people found the following review helpful:

3.0 out of 5 stars Nice introduction to quantitative finance, derivatives pricing and mathematical models., February 11, 2011

By 

Straddle1985 (Belgium) - See all my reviews

This review is from: Options, Futures, and Other Derivatives -Solution Manual (Paperback)

This book serves as a nice introduction to mathematical finance. I had to buy this book for a course on options & futures in my master year at university. At first I found it a bit difficult to read, but after studying a lot out of it I got to appreciate it more and more. Certainly the first chapters on pricing futures and the working of calls and puts was very helpful. Somewhere in the first chapters he provides a table which shows how the margin calculations work for a broker account, and how the brokers manage the amount a client owns them by trading in options/futures, which helped me understand this part much better.

A few negative points:

- The chapter on the Black & Scholes formula was way too short. He just throws this formula at you, without an adequate introduction. In the chapter on binomial trees, we do get a full introduction to the pricing methods.

- There should have been more info on interest rate swaps, FX options and swaptions. These are huge fields in the world of derivatives and are only very shortly covered here.

- There are tons of exercises at the end of each chapter, but no solution is provided for most of them. You have to buy his other book for those solutions ... For the price he charges for this book he might as well have given the solutions.

That being sais, I'm glad I have this book in my trading library. It's easy to look up information and the text in each chapter is very straight forward. If you need information on swaptions, weather derivatives, swaptions, calculating a VAR value for your stock portfolio, ... this book is what you need,

4 of 5 people found the following review helpful:

4.0 out of 5 stars Misleading information on Cover of paperback edition, April 8, 2010

By 

Business IT "Business IT" (NJ, USA) - See all my reviews

Amazon Verified Purchase

This review is from: Options, Futures, and Other Derivatives -Solution Manual (Paperback)

If you are purchasing the paperback (7th edition) of the Student Solution Manual " Options, Futures, and other Derivatives" by John C. Hull, the Cover says "CD-ROM included", but in reality it is NOT included.

I ordered two replacement books before being informed that the CD-ROM is only included in the Hardcover edition.

Otherwise at a first glance, the book seems to be pretty good

3 of 4 people found the following review helpful:

5.0 out of 5 stars Best book on the subject, November 25, 2008

By 

Andres Jaramillo (California) - See all my reviews
(REAL NAME)   

This review is from: Options, Futures, and Other Derivatives -Solution Manual (Paperback)

This is by far the best book on the subject., September 20, 1996

By A Customer (A. Jaramillo)

I have read most of the books on derivatives and mathematical finance. I have also read the most important papers on the subject, and no book covers the subject so extensively and so carefully. The difficult math is explained by Hull in a brilliantly intuitive way, without sacrificing the mathematical rigor. He explains succinctly and accurately the heart of the most advanced papers in the subject, in unpretentious terms, and always with the reader in mind (unlike most of the other academics' attempt at writing a book.) Having studied the subject in depth, from a practical and a theoretical point of view, I can say, without reservation, that (up to 1996) this book is all you need to learn about the subject. In fact, I dare say that if you read the book cover to cover you will be an expert in the subject. I read the second version, and some of the most recent topics (like Value at Risk) are not treated in it, but it is my understanding that the third edition includes all of these newer developments. If they are explained as all the other subjects in the 2nd edition, then they should be the best explanations around. Excellent book for novices in the subject, excellent reference book for experts, great mathematical education for finance people, and great financial exposition for mathematicians. (From a mathematical point of view, the only details missing are the mathematical foundations of risk-neutral valuation, i.e. Girsanov's theorem) This book should be read (and more importantly CAN be read) by any financial officer, county treasurer (is Orange County listening?), trader, regulator investor and banker. I also recomend this book to unemployed mathematicians, physicists, and engineers. The starting salary for these quantitative disciplines goes up by $30,000 a year after reading that book.