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Financial Calculus: An Introduction to Derivative Pricing

4.4/5 (1290744 ratings)

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The first rigorous and accessible account of the mathematics behind the pricing, construction, and hedging of derivative securities, this book explains, with mathematical precision and in a style tailored for market practitioners, such key concepts as martingales, change of measure, and the Heath-Jarrow-Morton model. A full Glossary of probabilistic and financial terms is provided along with graphical illustrations with realistic data.

Pages: Array

Format: PDF, EPUB & Kindle Edition

Publisher: Array Publishing

Release: Array

ISBN: 0521552893

Financial Calculus: An Introduction to Derivative Pricing

4.4/5 (1290744 ratings)

The first rigorous and accessible account of the mathematics behind the pricing, construction, and hedging of derivative securities, this book explains, with mathematical precision and in a style tailored for market practitioners, such key concepts as martingales, change of measure, and the Heath-Jarrow-Morton model. A full Glossary of probabilistic and financial terms is provided along with graphical illustrations with realistic data.

Pages: Array

Format: PDF, EPUB & Kindle Edition

Publisher: Array Publishing

Release: Array

ISBN: 0521552893

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