Introduction to Option-Adjusted Spread Analysis - 9781576602416
Un libro in lingua di Tom Miller Wilson Peter (FRW) edito da John Wiley & Sons Inc, 2007
- € 35.30
- Il prezzo è variabile in funzione del cambio della valuta d’origine
Top traders, investors, and analysts agree that one method, option-adjusted spread (OAS) analysis, is the most useful way to compare and value securities with options. Nearly every day the bond market figures out a new way to structure securities, most of which involve options.
This book explains OAS analysis in plain English, presenting each step in the method clearly and concisely. Topics covered include:
- Why yield-based analysis breaks down for nonbullet bonds
- How to model put and call provisions as embedded options
- How to distinguish the intrinsic and time components of option value
- How to model interest-rate volatility, future interest rates, and future bond prices
- How to calculate option-free price and yield
- How to estimate the "fair value" of a bond
- How to calculate implied spot and forward rates
Salespeople, traders, and investors will want to read this book and keep it on their desks.
Informazioni bibliografiche
- Titolo del Libro in lingua: Introduction to Option-Adjusted Spread Analysis
- Sottotitolo: Revised and Expanded Third Edition of the OAS Classic by Tom Windas
- Lingua: English
- Autori : Tom Miller Wilson Peter (FRW)
- Editore: John Wiley & Sons Inc
- Collana: John Wiley & Sons Inc (Hardcover)
- Data di Pubblicazione: 01 Maggio '07
- Genere: BUSINESS and ECONOMICS
- Argomenti : Fixed-income securities Option-adjusted spread analysis
- Pagine: 159
- Dimensioni mm: 215 x 139 x 19
- ISBN-10: 1576602419
- EAN-13: 9781576602416