The lowest-priced brand-new, unused, unopened, undamaged item in its original packaging (where packaging is applicable).Packaging should be the same as what is found in a retail store, unless the item is handmade or was packaged by the manufacturer in non-retail packaging, such as an unprinted box or plastic bag.See details for additional description.
The market for credit derivatives----financial instruments designed to transfer credit risk from one party to ather----has grown exponentially in recent years, with volume expected to reach more than $4.8 trillion by 2004. With demand increasing from the private sector for finance professionals trained in the opportunities----and dangers----inherent in this fast--changing market, finance courses are already springing up to meet this need. Credit Derivatives: * Explains the field of credit derivatives to business students with a background in finance * Cites real--world examples throughout, reinforced by end--of--chapter questions and internet links to pricing models * Provides a concise overview of the field that is ideal for instructors seeking to supplement traditional derivatives course material, as well as those looking to offer a stand--alone course on credit derivatives.
Gunter Meissner is Professor of Finance at Hawaii Pacific University, and is author of Outperform the Dow: Using Options, Futures, and Portfolio Strategies to Beat the Market (Wiley, 2000). He is also Founder and President of Derivatives Software.