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An Undergraduate Introduction to Financial Mathematics (3rd Edition)

Original price was: ₹1195.00.Current price is: ₹896.00.

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AuthorJ Buchanan Robert
ISBN9781944659844
Published LanguageEnglish
Publication Year2022
PublisherWorld Scientific
BindingPaperback
Original Price$74
Pages484
Ships By10-15 days

Description

This textbook provides an introduction to financial mathematics and financial engineering for undergraduate students who have completed a three- or four-semester sequence of calculus courses. It introduces the theory of interest, discrete and continuous random variables and probability, stochastic processes, linear programming, the Fundamental Theorem of Finance, option pricing, hedging, and portfolio optimization. This third edition expands on the second by including a new chapter on the extensions of the Black-Scholes model of option pricing and a greater number of exercises at the end of each chapter. More background material and exercises added, with solutions provided to the other chapters, allowing the textbook to better stand alone as an introduction to financial mathematics. The reader progresses from a solid grounding in multivariable calculus through a derivation of the Black-Scholes equation, its solution, properties, and applications. The text attempts to be as self-contained as possible without relying on advanced mathematical and statistical topics. The material presented in this book will adequately prepare the reader for graduate-level study in mathematical finance.

Additional information

Weight0.847 kg
Dimensions22.86 × 15.24 × 2.61 cm
Author

ISBN

Published Language

Publication Year

Publisher

Binding

Original Price

Pages

484

Ships By

10-15 days