Binding: Hardcover
Description: The book has been tested and refined through years of classroom teaching experience. With an abundance of examples problems and fully worked out solutions the text introduces the financial theory and relevant mathematical methods in a mathematically rigorous yet engaging way. This textbook provides complete coverage of discrete - time financial models that form the cornerstones of financial derivative pricing theory. Unlike similar texts in the field this one presents multiple problem - solving approaches linking related comprehensive techniques for pricing different types of financial derivatives. Key features: In - depth coverage of discrete - time theory and methodology. Numerous fully worked out examples and exercises in every chapter. Mathematically rigorous and consistent yet bridging various basic and more advanced concepts. Judicious balance of financial theory mathematical and computational methods. Guide to Material. This revision contains: Almost 200 pages worth of new material in all chapters. A new chapter on elementary probability theory. An expanded the set of solved problems and additional exercises. Answers to all exercises. This book is a comprehensive self - contained and unified treatment of the main theory and application of mathematical methods behind modern - day financial mathematics.
Title: Financial Mathematics A Comprehensive Treatment In Discrete Time
Author(s): Makarov Roman N.
Publisher: Taylor & Francis Ltd
Barcode: 9781138587878
Pages: 567 Pages, 6 Tables, Black And White; 94 Line Drawings, Black And White; 94 Illustrations, Black And
Publication Date: 7/9/2021
Series: Chapman and Hall/CRC Financial Mathematics Series
Category: Applied Mathematics