Kategoria BISAC: Business & Economics >> Finance - Financial Engineering

This book explores why Modified Internal Rate of Return (MIRR) and Net Present Value (NPV) are not necessarily accurate or efficient tools for valuation and decision-making. The author specifically addresses the biases and framing effects inherent in the NPV/MIRR/IRR model and in related approaches such as Adjusted Present Value (APV), Net Future Value (NFV), and by extension, Polynomials. In doing so, the book presents new ways of solving higher order polynomials using invariants and homomorphisms and explains why the "Fundamental Theorem of Algebra," the Binomial Theorem and the...

This book provides a first, basic introduction into the valuation of financial options via the numerical solution of partial differential equations (PDEs). It provides readers with an easily accessible text explaining main concepts, models, methods and results that arise in this approach. In keeping with the series style, emphasis is placed on intuition as opposed to full rigor, and a relatively basic understanding of mathematics is sufficient.

The book provides a wealth of examples, and ample numerical experiments are givento illustrate the theory. The main focus is on...

This book provides two important contributions to existing theories in the financial innovation literature. First, it extends the existing literature of innovation orientation to a completely new field and construct that is based on a religious imperative as a framework within which financial innovation is constrained. It explains how an innovation orientation in IFIs can be directed within religious rules, which indicates that innovation orientation in IFIs is a learning philosophy. Second, the book introduces and examines the plasticity of Shariah as a shared boundary object and its...

Analytical Finance is a comprehensive introduction to the financial engineering of equity and interest rate instruments for financial markets. Developed from notes from the author s many years in quantitative risk management and modeling roles, and then for the Financial Engineering course at Malardalen University, it provides exhaustive coverage of vanilla and exotic mathematical finance applications for trading and risk management, combining rigorous theory with real market application.

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Many companies believe they have an innovation strategy, but in reality they don't. Creating innovation, and consequently futurefitness, requires companies to take on new perspectives and players and engage in new ways of researching, sourcing, incubating, developing and experimenting. This book presents a combination of theory, research and practical approaches to innovation with a special focus on how innovation gives answers to global challenges, how it fosters social and technological innovation, and how it is linked to investment, strategy and organizational learning and development....

Offering tips and strategies in this manual for project managers, The Author -An experienced project manager- who has worked on many construction sites, never uses the word "problem" for the hurdles that come up during the building process. He prefers the term "issues," because to call something a problem is to expect no solution, and a project manager has no such luxury. Balancing between the Moving Wealth (Team) and Fixed Wealth (Thing), this book, seeks to explain the role of the project manager and to offer strategies for those who fill that role.

The Book has a favourite...