ASM Lesson 16&17

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I just realized that the materials of ASM lesson 16 and 17 are all about chapter 23 in the textbook instead of chapter 24.
So Do we need to go through the chapter24? Why there is no lesson in ASM manul that cover chapter24?

Thanks a lot!!

[Abraham Weishaus]

Which edition of Derivatives Markets are you using?

[mingchenckm]

Are you reading the correct McDonald's text?
Ch 23 of the "Derivatives Markets" is about measurement, hedging, pricing volatility, etc. ASM lesson 16 & 17 are about interest rate model, which is covered in the Ch 24 of the text.

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OMG, I just realized that I bought the wrong edition of the textbook!! Are there many difference between these two editons?

Thank you very much for the reply!!