滿額折
Fixed Income Mathematics, Fifth Edition: Analytical and Statistical Techniques
商品資訊
相關商品
商品簡介
商品簡介
The brand-new edition of this classic guide for high-level investors covers the latest tools and techniques for dealing with all aspects of fixed-income portfolio management
Fixed Income Mathematics is known around the world as the leading guide to understanding the concepts and evaluative methodologies for bonds, mortgage-backed securities, asset-backed securities, and other fixed income instruments--and the fifth edition gets you up to date on the newest analytical frameworks. Fixed Income Mathematics begins with basic concepts of the mathematics of finance, then systematically builds on them to reveal state-of-the-art methodologies for evaluating them and managing fixed-income portfolios. Concepts are illustrated with numerical examples and graphs, and you need only a basic knowledge of elementary algebra to understand them. This new edition includes three entirely new chapters--Risk-Adjusted Returns, Empirical Duration, Analysis of Floating-Rate Securities, Holdings-Based Return Attribution Analysis, Returns-Based Style Attribution Analysis, Measuring Bond Liquidity, Descriptive Measures, and Machine Learning--and provides substantially revised chapters on: -Interest rate modeling
-Probability theory
-Optimization models and applications to bond portfolio management
-Historical return measures
-Measuring historical return volatility The concepts and methodologies for evaluating fixed income securities have changed dramatically over the past 15 years. This edition explains the numbers behind these changes and provides the knowledge you need to consistently control both the cost and risk of investing in debt.
Fixed Income Mathematics is known around the world as the leading guide to understanding the concepts and evaluative methodologies for bonds, mortgage-backed securities, asset-backed securities, and other fixed income instruments--and the fifth edition gets you up to date on the newest analytical frameworks. Fixed Income Mathematics begins with basic concepts of the mathematics of finance, then systematically builds on them to reveal state-of-the-art methodologies for evaluating them and managing fixed-income portfolios. Concepts are illustrated with numerical examples and graphs, and you need only a basic knowledge of elementary algebra to understand them. This new edition includes three entirely new chapters--Risk-Adjusted Returns, Empirical Duration, Analysis of Floating-Rate Securities, Holdings-Based Return Attribution Analysis, Returns-Based Style Attribution Analysis, Measuring Bond Liquidity, Descriptive Measures, and Machine Learning--and provides substantially revised chapters on: -Interest rate modeling
-Probability theory
-Optimization models and applications to bond portfolio management
-Historical return measures
-Measuring historical return volatility The concepts and methodologies for evaluating fixed income securities have changed dramatically over the past 15 years. This edition explains the numbers behind these changes and provides the knowledge you need to consistently control both the cost and risk of investing in debt.
您曾經瀏覽過的商品
購物須知
外文書商品之書封，為出版社提供之樣本。實際出貨商品，以出版社所提供之現有版本為主。部份書籍，因出版社供應狀況特殊，匯率將依實際狀況做調整。
無庫存之商品，在您完成訂單程序之後，將以空運的方式為你下單調貨。為了縮短等待的時間，建議您將外文書與其他商品分開下單，以獲得最快的取貨速度，平均調貨時間為1~2個月。
為了保護您的權益，「三民網路書店」提供會員七日商品鑑賞期(收到商品為起始日)。
若要辦理退貨，請在商品鑑賞期內寄回，且商品必須是全新狀態與完整包裝(商品、附件、發票、隨貨贈品等)否則恕不接受退貨。