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Fixed Income Mathematics: Analytical and Statistical Techniques

Fixed Income Mathematics: Analytical and Statistical Techniques

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The standard reference for fixed income portfolio managers. Despite their conservative nature, fixed income instruments are among the investment industry's most complex and potentially risky investments. Fixed Income Mathematics is recognized worldwide as the essential professional reference for understanding the concepts and evaluative methodologies for bonds, mortgage-backed securities, asset-backed securities, and other fixed income instruments. This fully revised and updated fourth edition features all-new illustrations of the future and present value of money, with appendices on continuous compounding and new sections and chapters addressing risk measures, cash flow characteristics of credit-sensitive mortgage-backed and asset-backed securities, and more.

Details of Book

ISBN13: 9780071460736
ISBN10: 007146073X
Language: English
Publisher: Mcgraw Hill
Publication Year: 2006
Format: Hardcover

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A note on book covers: while we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.

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  • One Line Summary

    Complex fixed income concepts made clear and approachable.

  • Who is this book for?

    If you're involved in fixed income investment or finance, this book is a treasure trove of insights. It breaks down the complexities of bonds, mortgage-backed securities, and risk evaluation with clarity, making advanced concepts accessible. Whether you're a seasoned professional or a student, you'll find valuable, updated techniques that can enhance your understanding and decision-making.

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