Principles of Financial Engineering

Academic Press Advanced Finance Five new chapters, numerous additions to existing chapters, and an expanded collection of questions and exercises make this Second Edition an essential part of everyone"s library. Between defining swaps on its first page and presenting a case study on its last, Neftci"s introduction to financial engineering shows readers how to create financial assets in static and dynamic environments. Poised among intuition, actual events, and financial mathematics, this book can be used to solve problems in risk management, taxation, regulation, and above all, pricing.