An Introduction to Financial Mathematics (Chapman and Hall/CRC Financial Mathematics Series)

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An Introduction to Financial Mathematics (Chapman and Hall/CRC Financial Mathematics Series) image
ISBN-10:

0367208822

ISBN-13:

9780367208820

Edition: 2
Released: Mar 13, 2019
Format: Hardcover, 318 pages
Related ISBN: 9781032475752

Description:

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 of the textbook examines the Black-Scholes model.

The book is written to provide a straightforward account of the principles of option pricing and examines these principles in detail using standard discrete and stochastic calculus models. Additionally, the second edition has new exercises and examples, and includes many tables and graphs generated by over 30 MS Excel VBA modules available on the author’s webpage https://home.gwu.edu/~hdj/.

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