Mastering Financial Calculations : A step-by-step guide to the mathematics of financial market instruments

Mastering Financial Calculations shows you how to understand and apply the financial arithmetic necessary to work with the full range of products in the capital markets, foreign exchange, money markets and derivatives.   Written for anyone working in financial institutions, studying the financial markets or working towards the ACI Dealing Certificate and Diploma exams, the book provides a solid grounding in the calculations behind financial instruments.   Thoroughly updated throughout with extra calculations and formulas, the third edition of this bestseller now includes: A chapter on equities which complements existing chapters on short and long-term interest rate instruments, foreign exchange and commodities An overview of credit derivatives and their basic structures A significantly expanded and updated glossary A new chapter on statistics Access to Microsoft Excel spreadsheets containing formulas and calculation methods which can be downloaded at www.Markets-International.com