- Paperback: 276 pages
- Publisher: Pearson; 8 edition (19 April 2011)
- Language: English
- ISBN-10: 0132164965
- ISBN-13: 978-0132164962
- Product Dimensions: 21.3 x 2 x 27.2 cm
- Average Customer Review: 5.0 out of 5 stars See all reviews (1 customer review)
- Amazon Bestsellers Rank: 1,483,644 in Books (See Top 100 in Books)
Student Solutions Manual for Options, Futures, and Other Derivatives Paperback – 19 Apr 2011
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Most Helpful Customer Reviews on Amazon.com (beta) (May include reviews from Early Reviewer Rewards Program)
When it comes to complex mathematical derivation, however, this book leaves something to be desired. I suppose that this may be good for University instructors who assign problems that are in the solutions manual. Students who simply copy Hull's answers, without the intervening steps, have probably not done the work.
Hull is also a popular resource for people learning options on their own. In this case, the solutions manual may be problematic. I have found it difficult to follow many of Hull's derivations. He shows you the steps, but does not show you how he got from step to step.
An example from a recent homework was problem 11, in Chapter 14, part b. I was able to set up the differential equations, but I was unable to see how to simplify the equation to arrive at the result that Hull gives.
This is a book that virtually everyone who buys Hull's text book will purchase. Especially for those doing self-study, it's too bad that its not more complete.