Financial securities : market equilibrium and pricing methods /

Finance is an area of business practice that has been deeply influenced by theoretical developments. This book provides the basic theoretical foundations necessary to understand how three broad classes of assets - stocks, options and bonds - are valued on financial markets, while developing the cruc...

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Bibliographic Details
Main Author:	Dumas, Bernard
Corporate Author:	SpringerLink (Online service)
Other Authors:	Allaz, Blaise Laurent
Format:	eBook
Language:	English
Published:	Cincinnati, Ohio : South-Western College Pub. : Chapman & Hall, 1996.
Edition:	First English edition.
Series:	Current issues in finance.
Subjects:	Capital assets pricing model. Securities > Prices > Mathematical models. Options (Finance) > Prices > Mathematical models. Equilibrium (Economics) Modèle de fixation du prix des actifs. Valeurs mobilières > Prix > Modèles mathématiques. Options (Finances) > Prix > Modèles mathématiques. Équilibre (Économie politique) Securities > Mathematical models. Electronic books.
Online Access:	Connect to the full text of this electronic book

Table of Contents:

1. Introduction, basic concepts and reminders
2. The attitude of a rational individual towards risk
3. Portfolio choices
4. The Capital Asset Pricing Model: statement and use
5. Critique and evaluation of the CAPM
6. Option pricing by the arbitrage method
7. Option pricing in continuous time
8. Evaluation of the liabilities and assets of a limited company; financial engineering
9. The term structure of interest rates
10. The movement of interest rates and the price of bonds
11. Options on interest rates and on interest-sensitive instruments.