Numerical Techniques in Finance

الغلاف الأمامي
MIT Press, 1989 - 244 من الصفحات

Numerical Techniques in Finance is an innovative book that shows how to create, and how to solve problems in a wide variety of complex financial models. All the models are set up using Lotus 1-2-3; some of the advanced models also make use of Lotus macros. Using the models set out in the book, students and practicing professionals will be able to enhance their evaluative and planning skills. Each of the models is preceded by an explanation of the underlying financial theory. Exercises are provided to help the reader utilize the models to create new individualized applications. Numerical Techniques in Finance covers standard financial models in the areas of corporate finance, financial statement simulation, portfolio problems, options, portfolio insurance, duration, and immunization. A separate section of the book reviews the relevant mathematical and Lotus 1-2-3 techniques. Each of the book's five parts begins with a succinct overview.

من داخل الكتاب

 

المحتوى

Overview
3
Simulating Financial Statements
9
4
40
Financial Analysis of Leveraged Leases
57
Overview
69
Calculating Efficient Portfolios
87
Estimating Betas and the SecurityMarket Line
93
Entering Portfolio InformationA Macro
101
Option Pricing
140
Portfolio Insurance
172
Overview
175
Immunization Strategies
189
Overview
201
Matrices
211
RandomNumber Generators
217
Macros in Lotus
229

References for Portfolio Models
107
The Normal Distribution
115
The Lognormal Distribution
124
Data Table Commands
239
حقوق النشر

عبارات ومصطلحات مألوفة

after-tax American Call Options analysis assumes betas Black-Scholes bonds portfolio buying CALC calculate call option capital cash flows cell chapter commands Corporate cost of equity cursor Data Table debt capacity denote depreciation discount rate dividend duration efficient frontier efficient portfolios elapsed equation example exercise price expected return Figure Financial Analysts Journal Financial Economics firm firm's fixed assets formula frequency function Gauss-Seidel method GETNUMBER given gives graph income initial interest rate investment Journal of Finance lessee lessor leveraged lease loan Lotus macro market value mean return Modigliani-Miller Modigliani-Miller Theorem net present value Newton-Raphson method normal distribution Option Pricing payments percent Portfolio Insurance present value purchase random numbers random-number rate of return recalculate riskless risky runnumber share simulation solve spreadsheet standard deviation starttime stock price stoptime Suppose tax rate tax shields terminal value variables variance variance-covariance matrix Waif write yield to maturity

نبذة عن المؤلف (1989)

The late Simon Benninga was Professor of Finance and Director of the Sofaer International MBA program at the Faculty of Management at Tel-Aviv University. For many years he was a Visiting Professor at the Wharton School of the University of Pennsylvania.

معلومات المراجع

العنوانNumerical Techniques in Finance
Mit Press
المؤلفSimon Benninga
الإصدارمزود بصور توضيحية, معاد طباعته
الناشرMIT Press, 1989
رقم ISBN (الرقم الدولي المعياري للكتاب)0262521415, 9780262521413
عدد الصفحات244 من الصفحات
  
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