Financial engineering and arbitrage in the financial markets / Robert Dubil. [electronic resource] Dubil, Robert. Financial engineering. Arbitrage. Capital market. Investments Mathematics. HG4523 .D83 2011eb 332/.041 23 Includes bibliographical references and index. Print version record. A whole is worth the sum of its parts. Even the most complex structured bond, credit arbitrage strategy or hedge trade can be broken down into its component parts, and if we understand the elemental components, we can then value the whole as the sum of its parts. We can quantify the risk that is hedged and the risk that is left as the residual exposure. If we learn to view all financial trades and securities as engineered packages of building blocks, then we can analyze in which structures some parts may be cheap and some may be rich. It is this relative value arbitrage principle that drives a. Chichester, West Sussex, UK ; Hoboken, NJ : John Wiley, 2011. 2011. 2011 Text 1 online resource (xii, 367 pages). http://onlinelibrary.wiley.com/book/10.1002/9781118467343 eng Wiley finance Wiley finance series. Financial engineering and arbitrage in the financial markets. Financial engineering and arbitrage in the financial markets.