The third book in the top-selling Magic Numbers series clarifies the key concepts and formulas of finance
Magic Numbers for Bonds and Derivatives takes difficult financial concepts and breaks them down into easily understandable formulas that can be readily applied by finance professionals and individual investors. It examines key ratios and concepts for assessing bond investments from conventional to index-linked bonds, along with commonly used derivatives including futures, options, warrants, and convertibles. Ratios and concepts are described in detail, with guidelines on where to find the data needed to actually calculate them. The author includes explanations of compounding and discounting, internal rates of return, accrued interest, yield curves and spreads, duration, convexity, default rates, and more.
Peter Temple has spent 34 years working in or writing about investments and financial markets. After an 18-year career in fund management and stock-broking, he became a full-time writer in 1988.
He has written more than a dozen books about finance and investing, mainly aimed at private investors, including Magic Numbers: The 33 Key Ratios That Every Investors Should Know and Magic Numbers for Stock Investors. He has also written books about hedge funds, private equity, financial derivatives, economic statistics, and a guide to using the internet to gather investment information.
His articles appear widely in financial publications such as London's Financial Times and Investors' Chronicle.
He and his wife live and work in part of a converted 18th century water mill in the Lake District National Park in Northern England.