If you have any questions, you are always welcome to contact us. We'll get back to you as soon as possible, withing 24 hours on weekdays.
Customer service
All questions about your order, return and delivery must be sent to our customer service team by e-mail at yourstore@yourdomain.com
Sale & Press
If you are interested in selling our products, need more information about our brand or wish to make a collaboration, please contact us at press@yourdomain.com
Help
If you have any questions, you are always welcome to contact us. We'll get back to you as soon as possible, withing 24 hours on weekdays.
Customer service
All questions about your order, return and delivery must be sent to our customer service team by e-mail at yourstore@yourdomain.com
Sale & Press
If you are interested in selling our products, need more information about our brand or wish to make a collaboration, please contact us at press@yourdomain.com
Anlagen in festverzinslichen Wertpapieren wurden in der Vergangenheit lange Zeit als weitgehend risikolos angesehen. Die zunehmenden Schwankungen kurz und langfristiger Zinsstze und das damit verbundene Risiko bei der Prognose stellen jedoch Anleger und Depotmanager vor neuartige Probleme. In das Blickfeld rcken somit zunehmend berlegungen, dem Zinsnderungsrisiko durch Finanzinnovationen und ein aktives Management zu begegnen. Zinssatzoptionen, wie Caps und Floors, stellen derartige Versicherungsinstrumente gegen das Zinsnderungsrisiko dar. Im vorliegenden Band wird die moderne Optionsbewertungstheorie ausgehend von Black und Scholes auf den Bereich der festverzinslichen Anleihen und ihrer Derivate bertragen. Es wird die prferenzfreie Preisbestimmung von Rentenoptionen ber Kupon und Nullkuponanleihen, sowie direkter Zinssatzoptionen in einem konsistenten, arbitragefreien, stochastischen Modell hergeleitet. Im Unterschied zu den kursorientierten Anstzen wird ein arbitragefreies Zinsstrukturmodell entwickelt. Darberhinaus wird aufgezeigt, wie das durch eine Option erfate Kurs oder Zinsnderungsrisiko durch ein aktives Finanzmanagement behandelt wird. Im Rahmen eines vollstndigen theoretischen Finanzmarktmodells zeigt sich, da dieses Risiko im Sinne der Optionsbewertungstheorie vollstndig beherrschbar ist.
⚠️ WARNING (California Proposition 65):
This product may contain chemicals known to the State of California to cause cancer,
birth defects, or other reproductive harm.
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For MAP (Minimum Advertised Price) violations, please contact:
map@ergode.com
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ip@ergode.com
⚠️ California Proposition 65 Warning: Some products sold on this website may expose you to chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm. For more information, visit www.P65Warnings.ca.gov.
