A Course in Financial Calculus

Nonfiction, Science & Nature, Mathematics, Applied, Business & Finance
Cover of the book A Course in Financial Calculus by Alison Etheridge, Cambridge University Press
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Alison Etheridge ISBN: 9781107385689
Publisher: Cambridge University Press Publication: August 15, 2002
Imprint: Cambridge University Press Language: English
Author: Alison Etheridge
ISBN: 9781107385689
Publisher: Cambridge University Press
Publication: August 15, 2002
Imprint: Cambridge University Press
Language: English

Finance provides a dramatic example of the successful application of advanced mathematical techniques to the practical problem of pricing financial derivatives. This self-contained 2002 text is designed for first courses in financial calculus aimed at students with a good background in mathematics. Key concepts such as martingales and change of measure are introduced in the discrete time framework, allowing an accessible account of Brownian motion and stochastic calculus: proofs in the continuous-time world follow naturally. The Black-Scholes pricing formula is first derived in the simplest financial context. The second half of the book is then devoted to increasing the financial sophistication of the models and instruments. The final chapter introduces more advanced topics including stock price models with jumps, and stochastic volatility. A valuable feature is the large number of exercises and examples, designed to test technique and illustrate how the methods and concepts can be applied to realistic financial questions.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Finance provides a dramatic example of the successful application of advanced mathematical techniques to the practical problem of pricing financial derivatives. This self-contained 2002 text is designed for first courses in financial calculus aimed at students with a good background in mathematics. Key concepts such as martingales and change of measure are introduced in the discrete time framework, allowing an accessible account of Brownian motion and stochastic calculus: proofs in the continuous-time world follow naturally. The Black-Scholes pricing formula is first derived in the simplest financial context. The second half of the book is then devoted to increasing the financial sophistication of the models and instruments. The final chapter introduces more advanced topics including stock price models with jumps, and stochastic volatility. A valuable feature is the large number of exercises and examples, designed to test technique and illustrate how the methods and concepts can be applied to realistic financial questions.

More books from Cambridge University Press

Cover of the book Performance at the Limit by Alison Etheridge
Cover of the book A History of Sub-Saharan Africa by Alison Etheridge
Cover of the book Polarimetry of Stars and Planetary Systems by Alison Etheridge
Cover of the book Why Democracy Deepens by Alison Etheridge
Cover of the book Game Theory by Alison Etheridge
Cover of the book Britain's Political Economies by Alison Etheridge
Cover of the book Modelling Natural Action Selection by Alison Etheridge
Cover of the book The Measure of All Minds by Alison Etheridge
Cover of the book What Is a Case? by Alison Etheridge
Cover of the book Remembering 1916 by Alison Etheridge
Cover of the book Investment Treaty Arbitration by Alison Etheridge
Cover of the book The Transformation of Islamic Law in Global Financial Markets by Alison Etheridge
Cover of the book Public Reason Confucianism by Alison Etheridge
Cover of the book Morality and Masculinity in the Carolingian Empire by Alison Etheridge
Cover of the book The Cambridge Companion to Modern American Culture by Alison Etheridge
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy