This introduction to
derivatives and financial engineering is a joint effort of about sixteen
authors. Maybe it is an issue of too many chefs, or maybe the problem is
someone's poor English, but the book is atrociously written. Not only is
the English broken, but the technical level starts off as something that
would appeal to a layman but by the end of the book would make Ph.D.
sweat. The authors seem to know their stuff. There is plenty of
practical information for financial engineering in the equity, inflation
and fixed income markets ...