Bloomberg Press
Titles appearing in Reference — Research Book News — August 2007
Introduction to option-adjusted spread analysis, 3d rev.ed.
Windas, Tom. Rev. ed. by Tom Miller.
Bloomberg Press, ©2007 159 p. $39.95 HG4650
978-1-57660-241-6
Option-adjusted spread analysis is a method used by investors for measuring the value inherent in a bond's cash flows and embedded options. The results thus obtained are then compared to market reference levels. This accessibly-written text takes readers through each step of the calculation. A glossary of terms is found at the back of the volume. Miller, who revised and expanded the third edition, teaches at the New York U. School of Continuing and Professional Studies. (Annotation ©2007 Book News Inc. Portland, OR)
