John Hull

[ploy_j]

Hi David,

Is there a big difference between the 5th and 6th edition. I have access to 5th edition and wondering if I can use it as a substitution.

Thanks and regards,

 

[David Harper CFA FRM]

Hi FRM wannabe,

I gave my 5th Edition to the library so i can't compare exactly. In substance, given the nature of the Market Risk chapter, my *hunch* is that the Market Risk chapters (futures, options, swaps, exotics) are fairly similar (this material is pretty stable)

But the credit derivatives chapter is new and different from 5th ed (Chapter 21. The AIM has a typo), so I don't think your 5th is necessarily good for this chapter...I'm not crazy about endorsing anything off the formal page, but if you could procure the 'credit derivatives' chapter, i think you are fine (7th edition is due out in May so it is unfortunate timing to buy the 6th edition. Uggg...)

David