Can I read Option Valuation: A First Course in Financial Mathematics (Chapman and Hall/CRC Financial Mathematics Series) on EtoBox?

Option Valuation: A First Course in Financial Mathematics (Chapman and Hall/CRC Financial Mathematics Series) by Junghenn, Hugo D. is a nonfiction available to read on EtoBox.

What is Option Valuation: A First Course in Financial Mathematics (Chapman and Hall/CRC Financial Mathematics Series) about?

Option Valuation: A First Course in Financial Mathematics provides a straightforward introduction to the mathematics and models used in the valuation of financial derivatives. It examines the principles of option pricing in detail via standard binomial and stochastic calculus models. Developing the requisite mathematical background as needed, the text presents an introduction to probability theory and stochastic calculus suitable for undergraduate students in mathematics, economics, and finance. The first nine chapters of the book describe option valuation techniques in discrete time, focusing on the binomial model. The author shows how the binomial model offers a practical method for pricing options using relatively elementary mathematical tools. The binomial model also enables a clear, concrete exposition of fundamental principles of finance, such as arbitrage and hedging, without the distraction of complex mathematical constructs. The remaining chapters illustrate the theory in continuous time, with an emphasis on the more mathematically sophisticated Black-Scholes-Merton model. Largely self-contained, this classroom-tested text offers a sound introduction to applied probability

Who reads Option Valuation: A First Course in Financial Mathematics (Chapman and Hall/CRC Financial Mathematics Series)?

Author

Junghenn, Hugo D.

Publisher

Chapman and Hall/CRC

Published

2011

Language

EN

ISBN

9781439895740

Category

nonfiction

Subjects

Economics, Finance, Business