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Financial Calculus by Martin Baxter, Hardcover | Indigo Chapters

From Martin Baxter

Current price: $127.95
Financial Calculus by Martin Baxter, Hardcover | Indigo Chapters
Financial Calculus by Martin Baxter, Hardcover | Indigo Chapters

From Martin Baxter

Financial Calculus by Martin Baxter, Hardcover | Indigo Chapters

Current price: $127.95
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Size: 1 x 1 x 1

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Here is the first rigorous and accessible account of the mathematics behind the pricing, construction, and hedging of derivative securities. With mathematical precision and in a style tailored for market practioners, the authors describe key concepts such as martingales, change of measure, and the Heath-Jarrow-Morton model. Starting from discrete-time hedging on binary trees, the authors develop continuous-time stock models (including the Black-Scholes method). They stress practicalities including examples from stock, currency and interest rate markets, all accompanied by graphical illustrations with realistic data. The authors provide a full glossary of probabilistic and financial terms. | Financial Calculus by Martin Baxter, Hardcover | Indigo Chapters

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