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The Mathematics of Finance: Modeling and Hedging

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Condition
New
Location
South Africa
Product code
bhb8
Bob Shop ID
652634825

The Mathematics of Finance: Modeling and Hedging, The Brooks/Cole Series in Advanced Mathematics

Published by Brooks Cole, 2000, hardcover, index, 250 pages, condition: as new..

The Mathematics of Finance: Modeling and Hedging explains the process of computing derivative prices in terms of underlying equity prices, while at the same time provides readers with the mathematical tools and techniques to carry out that process. The authors help readers understand the process, develop insights into how derivatives are used, and comprehend the risk associated with creating or trading these assets. These insights into derivative trading provide extra knowledge of how modern equity markets work.

[T]he book is a worthwhile contribution to the literature...Its main strength is that it provides an introduction to mathematical finance at a level that is not too technical. Indeed, it is very successful in achieving this outcome....[P]rospective undergraduate students of financial mathematics will find life much easier by reading [this] book. --Kam Fong Chan, Pacific Accounting Review

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