ISBN 9788120328884,Bond Pricing And Portfolio Analysis: Protecting Investors In The Long Run

Bond Pricing And Portfolio Analysis: Protecting Investors In The Long Run



PHI Learning Pvt. Ltd.

Publication Year 2005

ISBN 9788120328884

ISBN-10 8120328884

Paper Back

Number of Pages 476 Pages
Language (English)


Here is a chance for you to understand the basic tools of bond evaluation which include: duration, convexity and immunization. The general immunization theorem can be considered the most valuable feature in this book which can be used by practitioners to protect investors against any change in the structure of spot interest rates. One can also make note of the detailed presentation of the Heath-Jarrow-Morton model and the discussion of its relationships with classical immunization schemes. Every chapter in this book is followed by a series of questions, problem sets, and projects. The end of the book offers a detailed solution to everything.

About Olivier De La Grandville

Olivier De La Grandville has been a visiting professor in the Management, Science and Engineering Department at Stanford University. It is a position that he has held since the year 1988. He has also been a Professor of Economics at the University of Geneva from 1978 to 2007. He has authored seven books ranging from microeconomics to macroeconomics and finance. He has had his research work published in international journals such as the American Economic Review and Econometrica