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This book would not have been possible without Bill Falloon at Wiley, who intiated the project and maneuvered it through all upcoming odds. Bill steered me through the procedures with great patience and tremendous sup- port, he proved to be an invaluable editor who would not stop to encourage the work in progress and offer valuable guidelines along the way. | WILEY FINANCE MARION A. BRACH 6 in practice Founded in 1807 John Wiley Sons is the oldest independent publishing company in the United States. With offices in North America Europe Australia and Asia Wiley is globally committed to developing and marketing print and electronic products and services for our customers professional and personal knowledge and understanding. The Wiley Finance series contains books written specifically for finance and investment professionals as well as sophisticated individual investors and their financial advisors. Book topics range from portfolio management to e-commerce risk management financial engineering valuation and financial instrument analysis as well as much more. For a list of available titles please visit our Web site at .