with stochastic interest rates for evaluating climate derivatives. Finally, we discuss three financial products that enable …

Financial Derivatives explores the contemporary world of financial derivatives, starting with a presumption of only a … general public. As such, the chapters in this book provide a comprehensive understanding of financial derivatives. Financial … Derivatives is comprised of 37 chapters organized into six parts …

-volatility investing. In our backtest that extended back to 1979, we found that hedging currency risk would have led to a higher Sharpe … ratio by decreasing risk while maintaining return at a similar level. In the absence of hedging, a minimum …