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Mathematics of Finance

Mathematics of Finance - 09 edition

ISBN13: 978-0821847930

Cover of Mathematics of Finance 09 (ISBN 978-0821847930)
ISBN13: 978-0821847930
ISBN10: 0821847937
Edition: 09
Copyright: 2009
Publisher: American Mathematical Society
Published: 2009
International: No

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Mathematics of Finance - 09 edition

ISBN13: 978-0821847930

Victor Goodman and Joseph G. Stampfli

ISBN13: 978-0821847930
ISBN10: 0821847937
Edition: 09
Copyright: 2009
Publisher: American Mathematical Society
Published: 2009
International: No
Summary

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.

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