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Financial Calculus: An Introduction to Derivative Pricing
Martin W. Baxter
€ 97.87
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Description for Financial Calculus: An Introduction to Derivative Pricing
Hardcover. A rigorous introduction to the mathematics of pricing, construction and hedging of derivative securities. Num Pages: 244 pages, 41 b/w illus. 9 tables 23 exercises. BIC Classification: KFF; PBT. Category: (P) Professional & Vocational. Dimension: 241 x 159 x 17. Weight in Grams: 548. An Introduction to Derivative Pricing. 244 pages, 41 b/w illus. 9 tables 23 exercises. Modern introduction to mathematics of pricing, construction and hedging of derivative securities. Cateogry: (P) Professional & Vocational. BIC Classification: KFF; PBT. Dimension: 241 x 159 x 17. Weight: 560.
The rewards and dangers of speculating in the modern financial markets have come to the fore in recent times with the collapse of banks and bankruptcies of public corporations as a direct result of ill-judged investment. At the same time, individuals are paid huge sums to use their mathematical skills to make well-judged investment decisions. Here now is the first rigorous and accessible account of the mathematics behind the pricing, construction and hedging of derivative securities. Key concepts such as martingales, change of measure, and the Heath-Jarrow-Morton model are described with mathematical precision in a style tailored for market practitioners. ... Read more
The rewards and dangers of speculating in the modern financial markets have come to the fore in recent times with the collapse of banks and bankruptcies of public corporations as a direct result of ill-judged investment. At the same time, individuals are paid huge sums to use their mathematical skills to make well-judged investment decisions. Here now is the first rigorous and accessible account of the mathematics behind the pricing, construction and hedging of derivative securities. Key concepts such as martingales, change of measure, and the Heath-Jarrow-Morton model are described with mathematical precision in a style tailored for market practitioners. ... Read more
Product Details
Publisher
Cambridge University Press
Number of pages
244
Format
Hardback
Publication date
1996
Condition
New
Weight
510g
Number of Pages
244
Place of Publication
Cambridge, United Kingdom
ISBN
9780521552899
SKU
V9780521552899
Shipping Time
Usually ships in 4 to 8 working days
Ref
99-1
Reviews for Financial Calculus: An Introduction to Derivative Pricing
'... a very readable and useful introduction to the pricing of derivatives ... A recommendable book.' Wil Schilders, ITW Nieuws '... the first rigorous and accessible account of the mathematics behind the pricing, construction and hedging of derivative securities.' L'Enseignement Mathematique ...a rigorous and accessible account of the probabilistic structure behind the pricing, construction, and hedging of derivative securities....Real ... Read more