Coupling real business examples with minimal technical mathematics, "Introduction To Derivatives and Risk Management," 11th Edition, blends institutional material, theory and practical applications to give students a solid understanding of how derivatives are used to manage the risks of financial decisions. It delivers detailed coverage of options, futures, forwards, swaps and risk management and a balanced introduction to pricing, trading and strategy. The financial information throughout this edition reflects recent changes in the derivatives market -- one of the most volatile sectors in the financial world. The Taking Risk in Life feature illustrates the application of risk management in real-world financial decisions. Cengage Learning Testing Powered by Cognero, included in this edition, is a flexible, online testing resource that gives instructors limitless testing possibilities.
