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An Undergraduate Introduction to Financial Mathematics

Autor J. Robert Buchanan
en Limba Engleză Hardback – 12 iul 2012
Provides an introduction to financial mathematics and financial engineering for undergraduate students who have completed a three- or four-semester sequence of calculus courses. This book contains material that can adequately prepare the reader for graduate-level study in mathematical finance.
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Specificații

ISBN-13: 9789814407441
ISBN-10: 9814407445
Pagini: 464
Dimensiuni: 155 x 231 x 30 mm
Greutate: 0.85 kg
Ediția:3
Editura: World Scientific Publishing Company

Cuprins

The Theory of Interest; Discrete Probability; Normal Random Variables and Probability; The Arbitrage Theorem; Random Walks and Brownian Motion; Forwards and Futures; Options; Solution of the Black-Scholes Equation; Derivatives of Black-Scholes Option Prices; Hedging; Extensions of the Black-Scholes Model; Optimizing Portfolios; American Options.

Recenzii

This text now covers adequately most material needed to be covered in an undergraduate course in financial mathematics. The level of material is easy to follow, understand and work out which makes it suitable for classroom adoption. Overall, it is a good introduction to financial mathematics at the undergraduate level providing enough useful information which encourages one to think. -- Professor Man M Chawla "Fellow of Indian National Science Academy, and former Professor of Mathematics, Indian Institute of Technology, New Delhi"