{"title":"Carol Alexander","description":"\u003cp\u003eDiscover the profound insights of Carol Alexander, a distinguished author in the field of Finance and Investment. With a keen analytical mind and a wealth of experience, she brings clarity to the complex world of market risk and financial instruments.\u003c\/p\u003e\n\n\u003cp\u003eCarol Alexander is celebrated for her ability to break down intricate financial concepts into accessible information. Her collection includes works like \u003cem\u003eMarket Risk Analysis\u003c\/em\u003e and \u003cem\u003ePricing, Hedging and Trading Financial Instruments\u003c\/em\u003e, which are essential reads for anyone interested in understanding the dynamics of financial markets.\u003c\/p\u003e\n\n\u003cp\u003eThese books are not just academic in nature but also provide practical guidance for professionals and students alike, making them valuable resources for improving your financial acumen. Whether you're learning to manage risk or aiming to master financial trading strategies, Carol Alexander's works offer comprehensive knowledge and actionable insights.\u003c\/p\u003e\n\n\u003cp\u003eEngage with Carol Alexander's expertly crafted texts to deepen your understanding of finance and enhance your investment strategies.\u003c\/p\u003e","products":[{"product_id":"market-risk-analysis-pricing-hedging-and-trading-financial-instruments-by-carol-alexander-9780470997895","title":"Market Risk Analysis, Pricing, Hedging and Trading Financial Instruments","description":"\u003cdiv class=\"book-description\"\u003e\n\u003cp\u003eWritten by leading market risk academic, Professor Carol Alexander, \u003cem\u003ePricing, Hedging and Trading Financial Instruments\u003c\/em\u003e forms part three of the \u003cem\u003eMarket Risk Analysis\u003c\/em\u003e four-volume set. This book is an in-depth, practical, and accessible guide to the models used for pricing and the strategies employed for hedging financial instruments and to the markets in which they trade.\u003c\/p\u003e\n\n\u003cp\u003eIt provides a comprehensive, rigorous, and accessible introduction to bonds, swaps, futures, forwards, and options, including variance swaps, volatility indices and their futures and options, stochastic volatility models, and modelling the implied and local volatility surfaces.\u003c\/p\u003e\n\n\u003cp\u003eAltogether, the \u003cem\u003eMarket Risk Analysis\u003c\/em\u003e four-volume set illustrates virtually every concept or formula with a practical, numerical example or a longer, empirical case study. Across all four volumes, there are approximately 300 numerical and empirical examples, 400 graphs, and figures, and 30 case studies, many of which are contained in interactive Excel spreadsheets available from the accompanying CD-ROM. Empirical examples and case studies specific to this volume include:\u003c\/p\u003e\n\n\u003cul\u003e\n    \u003cli\u003eDuration-Convexity approximation to bond portfolios, and portfolio immunisation;\u003c\/li\u003e\n    \u003cli\u003ePricing floaters and vanilla, basis and variance swaps;\u003c\/li\u003e\n    \u003cli\u003eCoupon stripping and yield curve fitting;\u003c\/li\u003e\n    \u003cli\u003eProxy hedging, and hedging international securities and energy futures portfolios;\u003c\/li\u003e\n    \u003cli\u003ePricing models for European exotics, including barriers, Asians, look-backs, choosers, capped, contingent, power, quanto, compo, exchange, ‘best-of’ and spread options;\u003c\/li\u003e\n    \u003cli\u003eLibor model calibration;\u003c\/li\u003e\n    \u003cli\u003eDynamic models for implied volatility based on principal component analysis;\u003c\/li\u003e\n    \u003cli\u003eCalibration of stochastic volatility models (Matlab code);\u003c\/li\u003e\n    \u003cli\u003eSimulations from stochastic volatility and jump models;\u003c\/li\u003e\n    \u003cli\u003eDuration, PV01, and volatility invariant cash flow mappings;\u003c\/li\u003e\n    \u003cli\u003eDelta-gamma-theta-vega mappings for options portfolios;\u003c\/li\u003e\n    \u003cli\u003eVolatility beta mapping to volatility indices.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e","brand":"Unknown","offers":[{"title":"Default Title","offer_id":47000679842028,"sku":"9780470997895","price":164.99,"currency_code":"NZD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0705\/7784\/8556\/files\/18743503482355.jpg?v=1763296074"}],"url":"https:\/\/bookhero.co.nz\/collections\/carol-alexander.oembed","provider":"Book Hero","version":"1.0","type":"link"}