{"title":"Miles Livingston","description":null,"products":[{"product_id":"money-and-capital-markets-book-miles-livingston-9781557868848","title":"Money and Capital Markets","description":"Money and Capital Markets offers thorough coverage of financial institutuions and markets for upper level endergraduate and MBA students.   Prerequisites for the text are an introductory finance course and basic knowledge of algebra. Money and capital Markets presents the major theories of the impact of inflation, government spending, and monetary policy upon interest rates. In order to emphasize factors determining the prices and risks of financial instruments, descriptive information about institutions is kept to a minimum. The links between different types of securities are shown through risk-free arbitrage. this allows lecturers and students to establish frameworks for linking different types of bonds and connecting futures markets with spot markets.   The third edition features:     Updated institutional information, including coverage of US treasury auctions, investment banking, brokers and dealers, bank regulation, and mortagage markets. Extensively revised end of chapter problems challenging the student to think critically. More user friendly chapters on spot and forward interest rates, coupon-bearing bands, bond investment risks and features.","brand":"WoB","offers":[{"title":"US \/ WELL_READ \/ SBYB","offer_id":49773337575697,"sku":"CIN0205134386A","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"US \/ VERY_GOOD \/ SBYB","offer_id":50345815539985,"sku":"CIN0205134386VG","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"US \/ GOOD \/ SBYB","offer_id":50345822814481,"sku":"CIN0205134386G","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/1557868840.jpg?v=1750991270"},{"product_id":"bonds-and-bond-derivatives-book-miles-livingston-9781405119122","title":"Bonds and Bond Derivatives","description":"This book provides an introduction to bond markets and bond derivatives for students as well as for executives in commercial businesses and financial institutions. While many topics about debt instruments involve mathematics, this text presents the essential elements in an intuitive manner.","brand":"WoB","offers":[{"title":"US \/ GOOD \/ SBYB","offer_id":50484104560913,"sku":"CIN1405119128G","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"US \/ WELL_READ \/ SBYB","offer_id":50484105806097,"sku":"CIN1405119128A","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"GB \/ GOOD \/ INTERNAL","offer_id":50603242520849,"sku":"GOR014011118","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"US \/ VERY_GOOD \/ SBYB","offer_id":52635688960273,"sku":"CIN1405119128VG","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/1405119128.jpg?v=1751240581"},{"product_id":"bonds-and-bond-derivatives-book-miles-livingston-9780631207566","title":"Bonds and Bond Derivatives","description":"This book is an introduction to bond markets and bond derivatives for students as well as for executives in commercial businesses and financial institutions. While many topics about debt instruments involve considerable mathematics, this text presents the essential elements in an intuitive and relatively non-mathematical way. For students, the book is designed to be the main text for a debt markets course or as a supplement for investment, money and banking, and institutional finance courses. For practitioners, the book can be used as a training manual and reference source for firms involved in the debt markets.The book begins with a discussion of the major macroeconomic determinants of interest rates before proceeding to present financial institutions - including the Federal Reserve, the US Treasury, brokers, dealers, investment bankers, mutual funds, banks, pension funds, and insurance companies - and their role in the debt markets. Present value calculations for flat and nonflat term structures are carefully described. Several chapters cover specialized instruments such as money market debt, mortgages, international debt, options, futures, and swaps, while the important concept of arbitrage is shown to link many different types of markets.","brand":"WoB","offers":[{"title":"US \/ VERY_GOOD \/ SBYB","offer_id":53617002709265,"sku":"CIN0631207562VG","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9780631207566.jpg?v=1780441236"}],"url":"https:\/\/www.worldofbooks.com\/collections\/author-books-by-miles-livingston.oembed","provider":"World of Books ","version":"1.0","type":"link"}