Financial Calculus.by Baxter New 9780521552899 Fast Free Shipping**
Financial CalculusAn Introduction to Derivative Pricing
Author(s): Martin Baxter, Andrew Rennie
Format: Hardback
Publisher: Cambridge University Press, United Kingdom
Imprint: Cambridge University Press
ISBN-13: 9780521552899, 978-0521552899
Synopsis
The rewards and dangers of speculating in the modern financial markets have come to the fore in recent times with the collapse of banks and bankruptcies of public corporations as a direct result of ill-judged investment. At the same time, individuals are paid huge sums to use their mathematical skills to make well-judged investment decisions. Here now is the first rigorous and accessible account of the mathematics behind the pricing, construction and hedging of derivative securities. Key concepts such as martingales, change of measure, and the Heath-Jarrow-Morton model are described with mathematical precision in a style tailored for market practitioners. Starting from discrete-time hedging on binary trees, continuous-time stock m.
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Financial Calculus.by Baxter New 9780521552899 Fast Free Shipping**
Financial CalculusAn Introduction to Derivative Pricing
Author(s): Martin Baxter, Andrew Rennie
Format: Hardback
Publisher: Cambridge University Press, United Kingdom
Imprint: Cambridge University Press
ISBN-13: 9780521552899, 978-0521552899
Synopsis
The rewards and dangers of speculating in the modern financial markets have come to the fore in recent times with the collapse of banks and bankruptcies of public corporations as a direct result of ill-judged investment. At the same time, individuals are paid huge sums to use their mathematical skills to make well-judged investment decisions. Here now is the first rigorous and accessible account of the mathematics behind the pricing, construction and hedging of derivative securities. Key concepts such as martingales, change of measure, and the Heath-Jarrow-Morton model are described with mathematical precision in a style tailored for market practitioners. Starting from discrete-time hedging on binary trees, continuous-time stock m.
Price now:
From
£26.50
To
£83.03
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Product Description
Financial CalculusAn Introduction to Derivative Pricing
Author(s): Martin Baxter, Andrew Rennie
Format: Hardback
Publisher: Cambridge University Press, United Kingdom
Imprint: Cambridge University Press
ISBN-13: 9780521552899, 978-0521552899
Synopsis
The rewards and dangers of speculating in the modern financial markets have come to the fore in recent times with the collapse of banks and bankruptcies of public corporations as a direct result of ill-judged investment. At the same time, individuals are paid huge sums to use their mathematical skills to make well-judged investment decisions. Here now is the first rigorous and accessible account of the mathematics behind the pricing, construction and hedging of derivative securities. Key concepts such as martingales, change of measure, and the Heath-Jarrow-Morton model are described with mathematical precision in a style tailored for market practitioners. Starting from discrete-time hedging on binary trees, continuous-time stock m.
Product Specifications
General | |
|---|---|
format | hardcover |
Language | english |
type | textbook |
artist | not specified |
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