Introduction to Understanding Financial Engineering by Cash Flow
This book is an introduction to financial engineering. There are no difficult formulas. This book explains the valuation (market value calculation) of all financial products, focusing on future movements of money, that is, cash flow. It is written so that you can intuitively understand the basics and essence of financial engineering, from bonds, derivatives, stocks, and real estate, without being bound by mathematical formulas themselves. Whether you want to learn financial engineering or are frustrated by financial engineering using complex mathematical formulas and statistics, this book will help you master the essence of financial engineering.