Book Description
Managing Financial Risk provides an up-to-date, comprehensive look at how derivatives can be used to manage risk and maximize value within today's highly volatile financial environment. The authors provide in-depth explanations of forwards, futures, swaps, options and "exotic" derivatives, showing how to use these instruments to hedge a firm against unexpected movements in foreign exchange rates, interest rates, and commodity prices. Invaluable to every corporate financial professional, Managing Financial Risk explains: How risk management can increase a firm's value; The variety of risk management products, including forwards, futures, swaps, options, and hybrid securites-as well as a practical approach to implementing these products in a firm; The essentials of financial engineering including how to build customized hedging instruments that accomplish an organization's specific risk management objectives.
Card catalog description
Managing Financial Risk, 3rd Edition, is the most comprehensive risk management text available today. Packed with new information on current products and strategies, plus contributions from leading companies including British Petroleum, Citibank, J.P. Morgan, McDonald's, Morgan Stanley, Ontario Teachers' Pension Plan, and others, this valued addition to the Irwin Library of Investment & Finance covers every aspect of risk management and the derivatives marketplace with insight and authority.
--This text refers to the
Hardcover
edition.
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