Valuation of Bonds with Embedded Options

From The Handbook of Fixed Income Securities—the most authoritative, widely read reference in the global fixed income marketplace—comes this sample chapter. This comprehensive survey of current knowledge features contributions from leading academics and practitioners and is not equaled by any other single sourcebook. Now, the thoroughly revised and updated seventh edition gives you the facts and formulas you need to compete in today's transformed marketplace. It places increased emphasis on applications, electronic trading, and global portfolio management.