DerivaGem for Excel, Version 1.22 This software requires Excel Version 7.0 or later. The software consists of three files: DG_122.xls, DG122.xla and DG122.dll. To install the software you should create a directory entitled DerivGem and load the first two files into that directory. DG122.dll should be loaded into the Windows\System directory. Note that it is not uncommon for Windows Explorer to be set up so that *.dll files are not displayed. To change the setting of Windows Explorer so that the *.dll file is displayed proceed as follows. In Windows 95, click View, followed by Options, followed by Show All Files. In Windows 98, click View, File Options, View, Show All Files. Updates to the software can be downloaded from the authors Web site: http://www.mgmt.utoronto.ca/~hull The full description of, and documentation for, the software can be found at the end of the fourth edition of "Options, Futures, and Other Derivatives".