Options, Futures, and Other Derivatives (Third Edition)

Author: [USA] John Hull; Translated by Zhang Taowei
Publisher:
Publish Date: 2000-01-01
Features: This book is suitable for graduate students and upper-level undergraduate students in business, economics, and financial engineering. It is also ideal for financial professionals who wish to gain practical knowledge on how to analyze derivative securities. A key decision for authors writing about derivative securities is the level of mathematical rigor. If the mathematical expressions are too complex, the content may not be suitable for many students and financial professionals. What sets this book apart from others in the field is its consistent method for pricing all types of derivative securities (not just futures and options). The book assumes readers have completed basic courses in finance, probability, and statistics but are not yet familiar with options, futures, swaps, etc. Therefore, students do not necessarily need to take a course in investment before studying a course based on this book (in North America, the name of financial courses at many universities may not necessarily match the title of this book, but it is often used as a required or primary reference—translator's note).