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An Introduction to the Mathematics of Financial Derivatives

An Introduction to the Mathematics of Financial Derivatives
  • Author : Salih N. Neftci
  • Publsiher : Academic Press
  • Release : 02 June 2000
  • ISBN : 0125153929
  • Pages : 527 pages
  • Rating : 4/5 from 9 ratings
GET THIS BOOKAn Introduction to the Mathematics of Financial Derivatives

Summary:
A step-by-step explanation of the mathematical models used to price derivatives. For this second edition, Salih Neftci has expanded one chapter, added six new ones, and inserted chapter-concluding exercises. He does not assume that the reader has a thorough mathematical background. His explanations of financial calculus seek to be simple and perceptive.


An Introduction to the Mathematics of Financial Derivatives

An Introduction to the Mathematics of Financial Derivatives
  • Author : Salih N. Neftci,Ali Hirsa,Salih N.. Neftci
  • Publisher : Academic Press
  • Release : 02 June 2000
GET THIS BOOKAn Introduction to the Mathematics of Financial Derivatives

A step-by-step explanation of the mathematical models used to price derivatives. For this second edition, Salih Neftci has expanded one chapter, added six new ones, and inserted chapter-concluding exercises. He does not assume that the reader has a thorough mathematical background. His explanations of financial calculus seek to be simple and perceptive.



Financial Calculus

Financial Calculus
  • Author : Martin Baxter,Andrew Rennie,Andrew J. O. Rennie
  • Publisher : Cambridge University Press
  • Release : 19 September 1996
GET THIS BOOKFinancial Calculus

A rigorous introduction to the mathematics of pricing, construction and hedging of derivative securities.


Mathematical Models of Financial Derivatives

Mathematical Models of Financial Derivatives
  • Author : Yue-Kuen Kwok
  • Publisher : Springer Science & Business Media
  • Release : 10 July 2008
GET THIS BOOKMathematical Models of Financial Derivatives

This second edition, now featuring new material, focuses on the valuation principles that are common to most derivative securities. A wide range of financial derivatives commonly traded in the equity and fixed income markets are analysed, emphasising aspects of pricing, hedging and practical usage. This second edition features additional emphasis on the discussion of Ito calculus and Girsanovs Theorem, and the risk-neutral measure and equivalent martingale pricing approach. A new chapter on credit risk models and pricing of credit derivatives


An Introduction to the Mathematics of Financial Derivatives

An Introduction to the Mathematics of Financial Derivatives
  • Author : Ali Hirsa,Salih N. Neftci
  • Publisher : Academic Press
  • Release : 18 December 2013
GET THIS BOOKAn Introduction to the Mathematics of Financial Derivatives

An Introduction to the Mathematics of Financial Derivatives is a popular, intuitive text that eases the transition between basic summaries of financial engineering to more advanced treatments using stochastic calculus. Requiring only a basic knowledge of calculus and probability, it takes readers on a tour of advanced financial engineering. This classic title has been revised by Ali Hirsa, who accentuates its well-known strengths while introducing new subjects, updating others, and bringing new continuity to the whole. Popular with readers because


Financial Derivatives

Financial Derivatives
  • Author : Jamil Baz,George Chacko
  • Publisher : Cambridge University Press
  • Release : 12 January 2004
GET THIS BOOKFinancial Derivatives

This book offers a complete, succinct account of the principles of financial derivatives pricing. The first chapter provides readers with an intuitive exposition of basic random calculus. Concepts such as volatility and time, random walks, geometric Brownian motion, and Ito's lemma are discussed heuristically. The second chapter develops generic pricing techniques for assets and derivatives, determining the notion of a stochastic discount factor or pricing kernel, and then uses this concept to price conventional and exotic derivatives. The third chapter


An Introduction to Financial Mathematics

An Introduction to Financial Mathematics
  • Author : Hugo D. Junghenn
  • Publisher : CRC Press
  • Release : 14 March 2019
GET THIS BOOKAn Introduction to Financial Mathematics

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


Derivatives

Derivatives
  • Author : Paul Wilmott
  • Publisher : Wiley
  • Release : 08 December 1998
GET THIS BOOKDerivatives

Derivatives by Paul Wilmott provides the most comprehensive and accessible analysis of the art of science in financial modeling available. Wilmott explains and challenges many of the tried and tested models while at the same time offering the reader many new and previously unpublished ideas and techniques. Paul Wilmott has produced a compelling and essential new work in this field. The basics of the established theories-such as stochastic calculus, Black-Scholes, binomial trees and interest-rate models-are covered in clear and precise


Introduction to the Mathematics of Finance

Introduction to the Mathematics of Finance
  • Author : Ruth J. Williams
  • Publisher : American Mathematical Soc.
  • Release : 03 March 2021
GET THIS BOOKIntroduction to the Mathematics of Finance

The modern subject of mathematical finance has undergone considerable development, both in theory and practice, since the seminal work of Black and Scholes appeared a third of a century ago. This book is intended as an introduction to some elements of the theory that will enable students and researchers to go on to read more advanced texts and research papers. The book begins with the development of the basic ideas of hedging and pricing of European and American derivatives in


Mathematics for Finance

Mathematics for Finance
  • Author : Marek Capinski,Tomasz Zastawniak
  • Publisher : Springer
  • Release : 18 April 2006
GET THIS BOOKMathematics for Finance

This textbook contains the fundamentals for an undergraduate course in mathematical finance aimed primarily at students of mathematics. Assuming only a basic knowledge of probability and calculus, the material is presented in a mathematically rigorous and complete way. The book covers the time value of money, including the time structure of interest rates, bonds and stock valuation; derivative securities (futures, options), modelling in discrete time, pricing and hedging, and many other core topics. With numerous examples, problems and exercises, this


Financial Mathematics, Derivatives and Structured Products

Financial Mathematics, Derivatives and Structured Products
  • Author : Raymond H. Chan,Yves ZY. Guo,Spike T. Lee,Xun Li
  • Publisher : Springer
  • Release : 27 February 2019
GET THIS BOOKFinancial Mathematics, Derivatives and Structured Products

This book introduces readers to the financial markets, derivatives, structured products and how the products are modelled and implemented by practitioners. In addition, it equips readers with the necessary knowledge of financial markets needed in order to work as product structurers, traders, sales or risk managers. As the book seeks to unify the derivatives modelling and the financial engineering practice in the market, it will be of interest to financial practitioners and academic researchers alike. Further, it takes a different


Introduction to the Mathematics of Finance

Introduction to the Mathematics of Finance
  • Author : Steven Roman
  • Publisher : Springer Science & Business Media
  • Release : 01 December 2013
GET THIS BOOKIntroduction to the Mathematics of Finance

An elementary introduction to probability and mathematical finance including a chapter on the Capital Asset Pricing Model (CAPM), a topic that is very popular among practitioners and economists. Dr. Roman has authored 32 books, including a number of books on mathematics, such as Coding and Information Theory, Advanced Linear Algebra, and Field Theory, published by Springer-Verlag.


Financial Derivatives

Financial Derivatives
  • Author : Robert W. Kolb,James A. Overdahl
  • Publisher : John Wiley & Sons
  • Release : 15 October 2009
GET THIS BOOKFinancial Derivatives

Essential insights on the various aspects of financial derivatives If you want to understand derivatives without getting bogged down by the mathematics surrounding their pricing and valuation, Financial Derivatives is the book for you. Through in-depth insights gleaned from years of financial experience, Robert Kolb and James Overdahl clearly explain what derivatives are and how you can prudently use them within the context of your underlying business activities. Financial Derivatives introduces you to the wide range of markets for financial


A Course in Derivative Securities

A Course in Derivative Securities
  • Author : Kerry Back
  • Publisher : Springer Science & Business Media
  • Release : 30 March 2006
GET THIS BOOKA Course in Derivative Securities

"Deals with pricing and hedging financial derivatives.... Computational methods are introduced and the text contains the Excel VBA routines corresponding to the formulas and procedures described in the book. This is valuable since computer simulation can help readers understand the theory....The book...succeeds in presenting intuitively advanced derivative modelling... it provides a useful bridge between introductory books and the more advanced literature." --MATHEMATICAL REVIEWS


Stochastic Finance

Stochastic Finance
  • Author : Hans Föllmer,Alexander Schied
  • Publisher : Walter de Gruyter GmbH & Co KG
  • Release : 25 July 2016
GET THIS BOOKStochastic Finance

This book is an introduction to financial mathematics. It is intended for graduate students in mathematics and for researchers working in academia and industry. The focus on stochastic models in discrete time has two immediate benefits. First, the probabilistic machinery is simpler, and one can discuss right away some of the key problems in the theory of pricing and hedging of financial derivatives. Second, the paradigm of a complete financial market, where all derivatives admit a perfect hedge, becomes the