Fixed-income securities traditionally promised fixed cash flows (like bonds), but there have been many newly-created fixed income securities for which the promised cash flows depend on the level of interest rates, making them hard to value. This revised book covers the most advanced thinking in the field and comprehen-sively shows how to value the complete universe of fixed income securities. Included are all the latest fixed income securities valuation models and techniques, and their applications in real world situations.
Book Details:
- Author: Bruce Tuckman
- ISBN: 9780470341995
- Year Published: 2002
- Pages: 528
- BISAC: BUS027000, BUSINESS & ECONOMICS/Finance
About the Book and Topic:
Fixed-income securities traditionally promised fixed cash flows (like bonds), but there have been many newly-created fixed income securities for which the promised cash flows depend on the level of interest rates, making them hard to value. This revised book covers the most advanced thinking in the field and comprehen-sively shows how to value the complete universe of fixed income securities. Included are all the latest fixed income securities valuation models and techniques, and their applications in real world situations.
A comprehensive revision of an important book on fixed income securities. This revision brings the book up to date to reflect the most current thinking on valuation and modeling of fixed income securities, while the paperback edition offers professors and students a series of end-of-chapter questions that both audiences have found useful.
A comprehensive revision of an important book on fixed income securities. * Covers the latest fixed income securities valuation models and techniques, and their application in real world situations. * Discusses multi-factor interest rate models. * Fixed Income Securities Workbook is also available for readers looking to test their comprehension of fixed income valuation techniques and expand upon their knowledge of fixed income securities.
About the Author
BRUCE TUCKMAN, PhD, is a Managing Director in the Fixed Income and Derivatives Division of Credit Suisse First Boston. After receiving his doctorate in economics from MIT, he became a professor of finance at New York University’s Stern School of Business and a visiting professor at UCLA’s Anderson Graduate School of Management. He began his Wall Street career at Salomon Brothers’ Fixed Income Proprietary Trading Group.