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2、eady-to-usederivativespricingtoolsthatcannotbefoundinanyotherbook■Includesmodelsforthefastest-growingareas,includingweather,energy,andpowerderivatives,CDOs,andcreditderivatives■MonteCarlosimulation,copulamethodologies,andfinitedifferencesarecoveredindetailThederivativesindustryisgrowingatbreaknecksp
3、eed:hundredsoffinancialinstitutionsnowmarketcomplexderivatives;thousandsoffinancialandtechnicalprofessionalsneedtomodelthemaccuratelyandeffectively.Now,forthefirsttime,onebookbringstogetherproven,testedreal-timemodelscreatedforeachoftoday’sleadingmodelingplatforms:C++,MATLAB,andMicrosoftExcel.Usingt
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5、coverscreditderivatives,CDOs,mortgage-backedsecurities,asset-backedsecurities,fixed-incomesecurities,andtoday’sincreasinglyimportantweather,power,andenergyderivatives.Alongtheway,thebookpresentsunderlyingtheoryandmath10DERIVATIVESinthecontextofpracticalimplementation,coveringeverythingfromMonteCarlo
6、simulationtocopulamethodsandfinitedifferences.JUSTINLONDONhasdevelopedfixed-incomeandequitymodelsfortradingcompaniesandhisownquantitativeconsultingfirm.HehasanalyzedandmanagedbankcorporateloanAPPLICATIONSportfoliosusingcreditderivativesintheAssetPortfolioGroupofalargebankinChicago,Illinois,aswellasa
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