An Introduction to the Mathematics of Financial Derivatives

• Author : Salih N. Neftci,Ali Hirsa,Salih N.. Neftci
• Publisher : Academic Press
• Release : 02 June 2000

A step-by-step explanation of the mathematical models used to price derivatives. For this second edition, Salih Neftci has expanded one chapter, added six new ones, and inserted chapter-concluding exercises. He does not assume that the reader has a thorough mathematical background. His explanations of financial calculus seek to be simple and perceptive.

• Author : Paul Wilmott,Susan Howson,Sam Howison,Wilmott-Howison-Dewynne ...,Jeff Dewynne
• Publisher : Cambridge University Press
• Release : 29 September 1995

Basic option theory - Numerical methods - Further option theory - Interest rate derivative products.

• Author : Martin Baxter,Andrew Rennie,Andrew J. O. Rennie
• Publisher : Cambridge University Press
• Release : 19 September 1996

A rigorous introduction to the mathematics of pricing, construction and hedging of derivative securities.

• Author : Ruth J. Williams
• Publisher : American Mathematical Soc.
• Release : 13 April 2021

The modern subject of mathematical finance has undergone considerable development, both in theory and practice, since the seminal work of Black and Scholes appeared a third of a century ago. This book is intended as an introduction to some elements of the theory that will enable students and researchers to go on to read more advanced texts and research papers. The book begins with the development of the basic ideas of hedging and pricing of European and American derivatives in

• Author : Ali Hirsa,Salih N. Neftci
• Publisher : Academic Press
• Release : 18 December 2013

An Introduction to the Mathematics of Financial Derivatives is a popular, intuitive text that eases the transition between basic summaries of financial engineering to more advanced treatments using stochastic calculus. Requiring only a basic knowledge of calculus and probability, it takes readers on a tour of advanced financial engineering. This classic title has been revised by Ali Hirsa, who accentuates its well-known strengths while introducing new subjects, updating others, and bringing new continuity to the whole. Popular with readers because

• Author : Hugo D. Junghenn
• Publisher : CRC Press
• Release : 14 March 2019

Introduction to Financial Mathematics: Option Valuation, Second Edition is a well-rounded primer to the mathematics and models used in the valuation of financial derivatives. The book consists of fifteen chapters, the first ten of which develop option valuation techniques in discrete time, the last five describing the theory in continuous time. The first half of the textbook develops basic finance and probability. The author then treats the binomial model as the primary example of discrete-time option valuation. The final part

• Author : Steven Roman
• Publisher : Springer Science & Business Media
• Release : 01 December 2013

An elementary introduction to probability and mathematical finance including a chapter on the Capital Asset Pricing Model (CAPM), a topic that is very popular among practitioners and economists. Dr. Roman has authored 32 books, including a number of books on mathematics, such as Coding and Information Theory, Advanced Linear Algebra, and Field Theory, published by Springer-Verlag.

• Author : Paul Wilmott
• Publisher : Wiley
• Release : 08 December 1998

Derivatives by Paul Wilmott provides the most comprehensive and accessible analysis of the art of science in financial modeling available. Wilmott explains and challenges many of the tried and tested models while at the same time offering the reader many new and previously unpublished ideas and techniques. Paul Wilmott has produced a compelling and essential new work in this field. The basics of the established theories-such as stochastic calculus, Black-Scholes, binomial trees and interest-rate models-are covered in clear and precise

• Author : Marek Capinski,Tomasz Zastawniak
• Publisher : Springer
• Release : 18 April 2006

This textbook contains the fundamentals for an undergraduate course in mathematical finance aimed primarily at students of mathematics. Assuming only a basic knowledge of probability and calculus, the material is presented in a mathematically rigorous and complete way. The book covers the time value of money, including the time structure of interest rates, bonds and stock valuation; derivative securities (futures, options), modelling in discrete time, pricing and hedging, and many other core topics. With numerous examples, problems and exercises, this

• Author : Robert W. Kolb,James A. Overdahl
• Publisher : John Wiley & Sons
• Release : 13 April 2021

Essential insights on the various aspects of financialderivatives If you want to understand derivatives without getting boggeddown by the mathematics surrounding their pricing and valuation,Financial Derivatives is the book for you. Through in-depthinsights gleaned from years of financial experience, Robert Kolband James Overdahl clearly explain what derivatives are and how youcan prudently use them within the context of your underlyingbusiness activities. Financial Derivatives introduces you to the wide range ofmarkets for financial derivatives. This invaluable guide offers abroad overview

• Author : Mathematical Finance Programme
• Publisher : Cambridge University Press
• Release : 13 October 1997

During 1995 the Isaac Newton Institute for the Mathematical Sciences at Cambridge University hosted a six month research program on financial mathematics. During this period more than 300 scholars and financial practitioners attended to conduct research and to attend more than 150 research seminars. Many of the presented papers were on the subject of financial derivatives. The very best were selected to appear in this volume. They range from abstract financial theory to practical issues pertaining to the pricing and hedging of interest

• Author : Arlie O. Petters,Xiaoying Dong
• Publisher : Springer
• Release : 17 June 2016

This textbook aims to fill the gap between those that offer a theoretical treatment without many applications and those that present and apply formulas without appropriately deriving them. The balance achieved will give readers a fundamental understanding of key financial ideas and tools that form the basis for building realistic models, including those that may become proprietary. Numerous carefully chosen examples and exercises reinforce the student’s conceptual understanding and facility with applications. The exercises are divided into conceptual, application-based,

• Author : Stephen Garrett
• Publisher : Butterworth-Heinemann
• Release : 28 May 2013

An Introduction to the Mathematics of Finance: A Deterministic Approach, 2e, offers a highly illustrated introduction to mathematical finance, with a special emphasis on interest rates. This revision of the McCutcheon-Scott classic follows the core subjects covered by the first professional exam required of UK actuaries, the CT1 exam. It realigns the table of contents with the CT1 exam and includes sample questions from past exams of both The Actuarial Profession and the CFA Institute. With a wealth of solved

• Author : Sunil Parameswaran
• Publisher : John Wiley & Sons
• Release : 08 November 2011

bonds --

• Author : Jana Sacks
• Publisher : John Wiley & Sons
• Release : 02 November 2015

A step-by-step approach to the mathematical financial theory and quantitative methods needed to implement and apply state-of-the-art valuation techniques Written as an accessible and appealing introduction to financial derivatives, Elementary Financial Derivatives: A Guide to Trading and Valuation with Applications provides the necessary techniques for teaching and learning complex valuation techniques. Filling the current gap in financial engineering literature, the book emphasizes an easy-to-understand approach to the methods and applications of complex concepts without focusing on the underlying statistical and