Investment Mathematics provides an introductory analysis of investments from a quantitative viewpoint, drawing together many of the tools and techniques required by investment professionals. Using these techniques, the authors provide simple analyses of a number of securities including fixed interest bonds, equities, index-linked bonds, foreign currency and derivatives. The book concludes with coverage of other applications, including modern portfolio theory, portfolio performance measurement and stochastic investment models.
A complete and balanced reference, Public Budgeting Systems, Eighth Edition surveys the current state of budgeting throughout all levels of the United States government. The text emphasizes methods by which financial decisions are reached within a system as well as ways in which different types of information are used in budgetary decision-making. It also stresses the use of program information, since, for decades, budget reforms have sought to introduce greater program considerations into financial decisions. This updated text includes more cases studies and practical information, figures and charts to make the information more accessible, as well as additional student problems. Using this text, students will gain a first-rate understanding of methods by which financial decisions are reached within a system, and how different types of information are used in budgetary decision-making.
In the years since the publication of the best-selling first edition, the incorporation of ideas and theories from the rapidly growing field of financial economics has precipitated considerable development of thinking in the actuarial profession. Modern Actuarial Theory and Practice, Second Edition integrates those changes and presents an up-to-date, comprehensive overview of UK and international actuarial theory, practice and modeling. It describes all of the traditional areas of actuarial activity, but in a manner that highlights the fundamental principles of actuarial theory and practice as well as their economic, financial, and statistical foundations.
This book describes the principles of model building in financial engineering. It explains those models as designs and working implementations for Java-based applications. The book provides software professionals with an accessible source of numerical methods or ready-to-use code for use in business applications. It is the first book to cover the topic of Java implementations for finance/investment applications and is written specifically to be accessible to software practitioners without prior accountancy/finance training. The book develops a series of packaged classes explained and designed to allow the financial engineer complete flexibility.
What happens in the City has never affected us more In this excellent guide, now fully revised and updated, leading financial journalist Philip Coggan cuts through the headlines, the scandals and the jargon to explain the nuts and bolts of the financial system. What causes the pound to rise or interest rates to fall? Which are the institutions that really matter? Why is it we need the Money Machine - and what happens when it crashes? Coggan provides clear and concise answers and shows why we should all be more familiar with a system we so intimately depend upon.
Some of the most exciting scientific developments in recent years have come not from theoretical physicists, astronomers, or molecular biologists but instead from the chemistry lab. Chemists have created superconducting ceramics for brain scanners, designed liquid crystal flat screens for televisions and watch displays, and made fabrics that change color while you wear them. They have fashioned metals from plastics, drugs from crude oil, and have pinpointed the chemical pollutants affecting our atmosphere and are now searching for remedies for the imperiled planet. Philip Ball, an editor for the prestigious magazine Nature, lets the lay reader into the world of modern chemistry. Here, for example, chemists find new uses for the improbable buckminsterfullerene molecules--60-atom carbon soccerballs, dubbed "buckyballs"--which seem to have applications for everything from lubrication to medicine to electronics. The book is not intended as an introduction to chemistry, but as an accessible survey of recent developments throughout many of the major fields allied with chemistry: from research in traditional areas such as crystallography and spectroscopy to entirely new fields of study such as molecular electronics, artificial enzymes, and "smart" polymer gels. Ball's grand tour along the leading edge of scientific discovery will appeal to all curious readers, with or without any scientific training, to chemistry students looking for future careers, and to practicing chemical researchers looking for information on other specialties within their discipline.
This volume offers solutions to the problems associated with atmospheric corrosion by covering corrosion theory, the mechanisms and effects of corrosion on specific materials, and the means of protecting materials against atmospheric conditions. It assesses the financial cost of protecting construction materials against the elements and it considers temperature, humidity, and the presence of contaminants in the air to optimize the ability of materials to withstand the influence of weathering.
This textbook provides an accessible introduction to finance and financial markets around the world. Requiring no previous knowledge of the subject, the authors comprehensively cover a broad range of different types of banking, markets, foreign exchange and derivative products. Incorporating recent events and current developments in finance, contemporary, international examples are used throughout to illustrate this fast-moving subject area. With Stephen Valdez's decades of experience as a financial trainer and Philip Molyneux's academic experience, they are the perfect team for this accessible and applied textbook. This textbook is core reading for second and third year undergraduate students studying modules in financial markets and institutions as part of business and management degree courses. In addition it is suitable for use on MBA finance courses. New to this Edition: - Provides updated and expanded coverage of the global financial crisis of 2007-08 and its aftermath - Explains and contextualises the major structural and regulatory reforms of global banking and financial markets - A new design to make it more student-friendly, such as illustrative boxes that explain key financial issues
A practical guide to Treasury Back Office (Operations) for industry professionals and ACI (The Financial markets Association) Operations Certificate 3I0-013 candidates.
A portable and pocket-sized guide to foundational bioscience and biomedical science laboratory skills The newly revised Second Edition of Basic Bioscience Laboratory Techniques: A Pocket Guide delivers a foundational and intuitive pocket reference text that contains essential information necessary to prepare reagents, perform fundamental laboratory techniques, and analyze and interpret data. This latest edition brings new updates to health and safety considerations, points of good practice, and explains the basics of molecular work in the lab. Perfect for first year undergraduate students expected to possess or develop practical laboratory skills, this reference is intended to be accessed quickly and regularly and inform the reader's lab techniques and methods. It assumes no prior practical knowledge and offers additional material that can be found online. The book also includes: A thorough introduction to the preparation of solutions in bioscience research Comprehensive explorations of microscopy and spectrophotometry and data presentation Practical discussions of the extraction and clarification of biological material, as well as electrophoresis of proteins and nucleic acids In-depth examinations of chromatography, immunoassays, and cell culture techniques Basic Bioscience Laboratory Techniques: A Pocket Guide is an indispensable reference for first year students at the BSc level, as well as year one HND/Foundation degree students. It's also a must-read resource for international masters' students with limited laboratory experience. In addition, it is a valuable aide-memoire to UG and PG students during their laboratory project module.
W Green has brought together leading figures from both academia and domestic and international practice to write this book, which features a comprehensive commentary on the Arbitration (Scotland) Act 2010
This book deals with the electron density distribution in molecules and solids as obtained experimentally by X-ray diffraction. It is a comprehensive treatment of the methods involved, and the interpretation of the experimental results in terms of chemical bonding and intermolecular interactions. Inorganic and organic solids, as well as metals, are covered in the chapters dealing with specific systems. As a whole, this monograph is especially appealing because of its broad interface with numerous disciplines. Accurate X-ray diffraction intensities contain fundamental information on the charge distribution in crystals, which can be compared directly with theoretical results, and used to derive other physical properties, such as electrostatic moments, the electrostatic potential and lattice energies, which are accessible by spectroscopic and thermodynamic measurements. Consequently, the work will be of great interest to a broad range of crystallographers and physical scientists.
The Membranes of Cells, Third Edition, provides a basic guide to biomembranes, connecting researchers to the numerous fields of biology. The new edition offers a complete update of content based on new understandings in the field. Foundational content for graduate students, researchers, professors, and undergraduate students across the sciences is provided, succinctly covering all of the basic information needed for lipids and membranes. - Connects membrane research to numerous fields of biology - Provides a basic guide to the interdisciplinary studies of membranes - Offers a companion website with recommended readings and dynamic visual representations of the content - Includes four color illustrations to offer the best visual representation of concepts
Security and Loss Prevention, Fifth Edition, encompasses the breadth and depth of considerations involved in implementing general loss prevention concepts and security programs within an organization. It presents proven strategies to prevent and reduce incidents of loss due to legal issues, theft and other crimes, fire, accidental or intentional harm from employees as well as the many ramifications of corporate mismanagement. It contains a brand new terrorism chapter, along with coverage on background investigations, protection of sensitive information, internal threats, and considerations at select facilities (nuclear, DoD, government and federal). Author Philip Purpura once again demonstrates why students and professionals alike rely on this best-selling text as a timely, reliable resource. This book is an ideal resource for criminal justice and security academic programs, physical security professionals, retail security professionals, security managers, security consultants, law enforcement professionals, investigations professionals, risk and contingency planning professionals. - Covers the latest professional security issues surrounding Homeland Security and risks presented by threats of terrorism- Recommended reading for ASIS International's prestigious CPP Certification- Cases provide real-world applications
Implementing Value at Risk Philip Best Value at Risk (VAR) is an estimate of the potential loss on a trading or investment portfolio. Its use has swept the banking world and is now accepted as an essential tool in any risk manager's briefcase. Perhaps the greatest strength of VAR is that it can cope with virtually all financial products, from simple securities through to complex exotic derivatives. This allows the risk taken, across diverse trading activities, to be compared. This said, VAR is no panacea. It is as critical to understand when the use of VAR is inappropriate as it is to understand the value VAR can add to a bank's understanding and control of its risks. This book aims to explain how VAR can be used as an integral part of a risk and business management framework, rather than as a stand-alone tool. The objectives of this book are to explain: What VAR is - and isn't! How to calculate VAR - the three main methods Why stress testing is needed to complement VAR How to make stress testing effective How to use VAR and stress testing to manage risk How to use VAR to improve a bank's performance VAR as a regulatory measure of risk and capital Risk management practitioners, general bank managers, consultants and students of finance and risk management will find this book, and the software package included, an invaluable addition to their library. Finance/Investment
For 40 years, Sean Connery has been among the world's most admired and popular actors. This edition is both an in-depth biography of this international superstar and a complete filmography with 400 photos, rare production stills, movie posters and lobby cards.
Environmental Organic Chemistry focuses on environmental factors that govern the processes that determine the fate of organic chemicals in natural and engineered systems. The information discovered is then applied to quantitatively assessing the environmental behaviour of organic chemicals. Now in its 2nd edition this book takes a more holistic view on physical-chemical properties of organic compounds. It includes new topics that address aspects of gas/solid partitioning, bioaccumulation, and transformations in the atmosphere. Structures chapters into basic and sophisticated sections Contains illustrative examples, problems and case studies Examines the fundamental aspects of organic, physical and inorganic chemistry - applied to environmentally relevant problems Addresses problems and case studies in one volume
The introduction of the euro in 1999 marked the starting point of the development of a very liquid and heterogeneous EUR credit market, which exceeds EUR 350bn with respect to outstanding corporate bonds. As a result, credit risk trading and credit portfolio management gained significantly in importance. The book shows how to optimize, manage, and hedge liquid credit portfolios, i.e. applying innovative derivative instruments. Against the background of the highly complex structure of credit derivatives, the book points out how to implement portfolio optimization concepts using credit-relevant parameters, and basic Markowitz or more sophisticated modified approaches (e.g., Conditional Value at Risk, Omega optimization) to fulfill the special needs of an active credit portfolio management on a single-name and on a portfolio basis (taking default correlation within a credit risk model framework into account). This includes appropriate strategies to analyze the impact from credit-relevant newsflow (macro- and micro-fundamental news, rating actions, etc.). As credits resemble equity-linked instruments, we also highlight how to implement debt-equity strategies, which are based on a modified Merton approach. The book is obligatory for credit portfolio managers of funds and insurance companies, as well as bank-book managers, credit traders in investment banks, cross-asset players in hedge funds, and risk controllers.
This book will help stockbrokers pass the NASD Series 7 exam. This book has 1,000 sample questions and a study guide with math formulas. There are eight 125-question practice exams." Here is the information about the book which just started appearing on the web sites of major online retailers such as amazon.com and borders.com. Stockbroker Series 7 Exam General Securities Registered Representative Examination Practice Exams and Study Guide.
Now in its Ninth Edition, Public Budgeting Systems is a complete and balanced reference that surveys the current state of budgeting throughout all levels of the United States government. The text emphasizes methods by which financial decisions are reached within a system as well as ways in which different types of information are used in budgetary decision-making. It also stresses the use of program information, since, for decades, budget reforms have sought to introduce greater program considerations into financial decisions. The Ninth Edition has been updated to give particular attention to several recent developments in public budgeting and finance including: - Steps that have been taken by governments to battle the effects of the "Great Recession" and to enhance economic recovery. In the US, this includes the actions of the Federal Reserve as well as legislative efforts, such as the American Recovery and Reinvestment Act. - Significant increase in use of fiscal policy tools to stimulate economic recovery, in contrast to most recent previous 20 year period. - The federal government's direct role in the operations of the private sector will be explored. The government has become a major stockholder and therefore has a financial stake in seeing that corporations succeed. - Unprecedented federal deficits, as well as extreme budgetary challenges at the state and local level, including a discussion of causes and possible solutions. - Other changes during the Obama presidency, including the passage of comprehensive health care reform and changes in the management agenda. - Continued developments in financial and debt management, including additional GASB requirements and the effects of the recent economic contraction on the borrowing prospects for state and local governments. - Additional recognition of the effects of the global economy, resulting in an increase in the pages devoted to discussing international examples.
Examines in a pedagogical way all pertinent molecular and macroscopic processes that govern the distribution and fate of organic chemicals in the environment and provides simple modeling tools to quantitatively describe these processes and their interplay in a given environmental system Treats fundamental aspects of chemistry, physics, and mathematical modeling as applied to environmentally relevant problems, and gives a state of the art account of the field Teaches the reader how to relate the structure of a given chemical to its physical chemical properties and intrinsic reactivities Provides a holistic and teachable treatment of phase partitioning and transformation processes, as well as a more focused and tailor-made presentation of physical, mathematical, and modeling aspects that apply to environmental situations of concern Includes a large number of questions and problems allowing teachers to explore the depth of understanding of their students or allowing individuals who use the book for self-study to check their progress Provides a companion website, which includes solutions for all problems as well as a large compilation of physical constants and compound properties
McCaulay's CFA Level I Practice Exams are published in a five volume set, with each volume containing eight 120-question exams, for a total of 960 questions. The entire five volume set has forty exams and a total of 4,800 questions. Each exam has an answer key followed by the exam with the answers shown, including the formulas used to derive the numeric answers. The question formats and topic weights are similar to the actual CFA Level I exam. The questions were transformed from the study material in the CFA Institute Program Curriculum available from the CFA Institute. The practice exams are designed to complement the CFA Program curriculum and to facilitate the learning process, not to be used as a substitute for study of the prescribed curriculum.
Taking an international perspective to corporate finance, the latest edition of Corporate Finance and Investment is a highly-regarded and established text for students who want to understand the principles of corporate finance and develop the key tools to apply it. The ninth edition has been revised to include topical issues in valuation, working capital, capital structure, the dividend decision, Islamic finance, risk and risk management, and behavioural finance. With its focus on strategic issues of finance in a business setting, this text uses the latest financial and accounting data, articles and research papers to effectively demonstrate how, and to what extent, the theory can be applied to practical issues in corporate finance.
On the Aisle, Volume 3 by Philip Morency On the Aisle, Volume 3: Film Reviews by Philip Morency is the third in the series of movie reviews written by Philip Morency. This edition contains films ranging from the years 2010 through 2012, with some periodic “oldies but goodies” mixed in. Like Philip’s previous two books, On the Aisle, Volume 3 contains brief and to-the-point movie reviews that are geared toward the average moviegoer. It is not really written from a critic’s perspective, but from that of the average viewer. The reviews are simple and easy to understand. What is unique about the book is that it tells the synopsis of the film, then it gives the author’s opinion of the film, and then it lets the reader decide whether or not they would like to see the film. The films are rated on a scale of 1 through 5. There are also half-star ratings, such as 3 ½ stars (VERY GOOD). The contained films are listed in alphabetical order, and for ease of reference, there is also a table of contents page. Enjoy… On the Aisle, Volume 3.
The economic crisis of 2008-2009 and beyond has provided the greatest challenge to public policy in the developed world since the Second World War, as the use of public monies to support banks and declining tax revenues have resulted in rising government borrowing and national debt. This book evaluates the failures of public policy in the half decade before the crisis, using the conceptual framework of complex systems. This analysis reveals the fundamental failings of globalization and the lack of a robust and resilient public sector paradigm to assist countries in economic recovery. The research has benefited from UK Economic and Social Research Council (ESRC) funding for a Knowledge Exchange that applied the most relevant and applied aspects of complex systems theory to contemporary policy problems. Innovative statistical methods are used to profile and group countries both before and after the 2008-09 crisis. This shows the countries that are best prepared for the ongoing and prolonged Euro zone crisis of 2010-12. The book proposes a new model of public policy that asserts itself over the paradigm of market liberalism and places the public values of full employment, sustainability and equality at the top of the post crisis policy agenda.
McCaulay's CFA Level I Practice Exams are published in a five volume set, with each volume containing eight 120-question exams, for a total of 960 questions. The entire five volume set has forty exams and a total of 4,800 questions. Each exam has an answer key followed by the exam with the answers shown, including the formulas used to derive the numeric answers. The question formats and topic weights are similar to the actual CFA Level I exam. The questions were transformed from the study material in the CFA Institute Program Curriculum available from the CFA Institute. The practice exams are designed to complement the CFA Program curriculum and to facilitate the learning process, not to be used as a substitute for study of the prescribed curriculum.
This title covers the essentials of set-off and netting, derivatives and clearing systems law with a very practical slant, providing the reader with a comparative overview of the law and practice in the key jurisdictions of the world. The intention is to illustrate how the concepts and analyses raised throughout "The Law and Practice of International Finance" series may be applied in a real world setting
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