Author | : Marek Capinski |
File Size | : 50,9 Mb |
Publisher | : Springer |
Language | : English |
Release Date | : 18 April 2006 |
ISBN | : 9781852338466 |
Pages | : 314 pages |
Mathematics for Finance by Marek Capinski Book PDF Summary
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 book is ideally suited for independent study.