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Risk Takers PDF

391 Pages·2018·4.511 MB·English
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John E. Marthinsen Risk Takers John E. Marthinsen Risk Takers Uses and Abuses of Financial Derivatives Third Edition ISBN 978-1-5474-1609-7 e-ISBN (PDF) 978-1-5474-0003-4 e-ISBN (EPUB) 978-1-5474-0005-8 Library of Congress Control Number: 2018937501 Bibliographic information published by the Deutsche Nationalbibliothek The Deutsche Nationalbibliothek lists this publication in the Deutsche Nationalbibliografie; detailed bibliographic data are available on the Internet at http://dnb.dnb.de. © 2018 John E. Marthinsen Published by Walter de Gruyter Inc., Boston/Berlin Printing and binding: CPI books GmbH, Leck Typesetting: MacPS, LLC, Carmel Cover image: sompong_tom / iStock / Getty Images Plus www.degruyter.com I dedicate this book to my wife, Laraine. DOI 10.1515/9781547400034-201 About De|G PRESS Five Stars as a Rule De|G PRESS, the startup born out of one of the world’s most venerable publishers, De Gruyter, promises to bring you an unbiased, valuable, and meticulously edited work on important topics in the fields of business, information technology, computing, engineering, and mathematics. By selecting the finest authors to present, without bias, information necessary for their chosen topic for professionals, in the depth you would hope for, we wish to satisfy your needs and earn our five-star ranking. In keeping with these principles, the books you read from De|G PRESS will be practical, efficient and, if we have done our job right, yield many returns on their price. We invite businesses to order our books in bulk in print or electronic form as a best solution to meeting the learning needs of your organization, or parts of your organization, in a most cost-effective manner. There is no better way to learn about a subject in depth than from a book that is efficient, clear, well organized, and information rich. A great book can provide life-changing knowledge. We hope that with De|G PRESS books you will find that to be the case. DOI 10.1515/9781547400034-202 Acknowledgments I take pleasure in thanking my students, colleagues (both at Babson College and other academic institutions), reviewers, editorial staff, librarians, research assistants, and friends for the help they have given me while writing all three editions of Risk Takers: Uses and Abuses of Financial Derivatives. Babson colleagues who provided valuable feedback were John Edmunds, Craig Ehrlich, Robert McAuliffe, Erik Sirri, and Vir- ginia Soybel. Other colleagues, as well as reviewers, students, research assistants, and friends who helped and contributed useful insights were Poonam Bajaj, James Bennett, Dan M. Berkovitz, Jeremy Berkowitz, Antonio Camara, Charles Q. Cao, Don Chance, Mukesh Chaudhry, Patrice Clarke, Octavia Costea, Anna Dodonova, Imad Elhaj, Ekaterina Emm, Michael Haigh, Shantaram Hegde, Ufuk Ince, Francis Laatsch, Blake LeBaron, John A. MacDonald, Craig Marthinsen, Stewart Mayhew, Robert Merton, Lalatendu Misra, Valerie Nicholas, James Overdahl, Daniel A. Rogers, Eric Rosenfeld, Amareshwar Sahay, Glen Stevens, Nicholas Valeio III, Niklas Wagner, Jill Wetmore, and Hongmin Zi. Among the editorial staff and librarians who provided valuable assistance were Donna Battista, Patricia Berens, Kathryn Dinovo, Kristin Djorup, Meredith Gertz, Christina Gleason, Gina Kolenda, Janette Krauss, Maria McColligan, Heather McNally, and Kerri McQueen, Deb Meredith, and Deb Tokars. Special thanks go to the staff at De Gruyter for their work in producing the third edition of Risk Takers: Uses and Abuses of Financial Derivatives. Among the team were Jaya Dalal, Michael C. Thomsett, tech reviewer, Katja Brockmann, production manager, and MacPS, LLC, responsible for typesetting and proofing the manuscript. It has been a pleasure working with Jeffrey M. Pepper, Editorial Director, who worked carefully on this book. With all the time and effort that went into proofreading each chapter, my sincere hope is it resulted in an error-free book, but I realize this is just a Don Quixote-ish, wishful dream. I warmly invite readers to contact me ([email protected]) with any corrections, comments, insights, and/or constructive criticism you have. DOI 10.1515/9781547400034-203

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Most books are stored in the elastic cloud where traffic is expensive. For this reason, we have a limit on daily download.