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Hardcover Swap Literacy: A Comprehensible Guide Book
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ISBN: 1576600017

ISBN13: 9781576600016

Swap Literacy: A Comprehensible Guide

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This text provides a working knowledge of all aspects of option-adjusted analysis, presenting it as a valuable tool for analyzing and comparing bonds with different structures. It shows the limitations of traditional yield-based risk-and-return analysis, and how to determine option-free price and yield. Also included are modelling and valuing early redemption provisions as embedded options on a bond; and advice on how to measure a bond's price sensitivity...

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Format: Hardcover

Condition: Very Good

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