Stochastic Finance
Description:
Stochastic Finance provides an introduction to mathematical finance that is unparalleled in its accessibility. Through classroom testing, the authors have identified common pain points for students, and their approach takes great care to help the reader to overcome these difficulties and to foster understanding where comparable texts often do not. Written for advanced undergraduate students, and making use of numerous detailed examples to illustrate key concepts, this text provides all the mathematical foundations necessary to model transactions in the world of finance. A first course in probability is the only necessary background. The book begins with the discrete binomial model and the finite market model, followed by the continuous Black–Scholes model. It studies the pricing of European options by combining financial concepts such as arbitrage and self-financing trading strategies with probabilistic tools such as sigma algebras, martingales and stochastic integration. All these concepts are introduced in a relaxed and user-friendly fashion.
Best prices to buy, sell, or rent ISBN 9781009048941
Frequently Asked Questions about Stochastic Finance
The price for the book starts from $45.91 on Amazon and is available from 14 sellers at the moment.
At BookScouter, the prices for the book start at $43.15. Feel free to explore the offers for the book in used or new condition from various booksellers, aggregated on our website.
If you’re interested in selling back the Stochastic Finance book, you can always look up BookScouter for the best deal. BookScouter checks 30+ buyback vendors with a single search and gives you actual information on buyback pricing instantly.
As for the Stochastic Finance book, the best buyback offer comes from and is $ for the book in good condition.
The Stochastic Finance book is in very low demand now as the rank for the book is 2,650,299 at the moment. A rank of 1,000,000 means the last copy sold approximately a month ago.
The highest price to sell back the Stochastic Finance book within the last three months was on December 04 and it was $1.97.