An Introduction to Financial Mathematics: Option Valuation, 2nd Edition
An Introduction to Financial Mathematics: Option Valuation, 2nd Edition by Hugo D. Junghenn
2019 | ISBN: 0367208822 | English | 316 pages | PDF | 6 MB
2019 | ISBN: 0367208822 | English | 316 pages | PDF | 6 MB
Introduction to Financial Mathematics: Option Valuation, Second Edition is a well-rounded primer to the mathematics and models used in the valuation of financial derivatives.
The book consists of fifteen chapters, the first ten of which develop option valuation techniques in discrete time, the last five describing the theory in continuous time.
The first half of the textbook develops basic finance and probability. The author then treats the binomial model as the primary example of discrete-time option valuation. The final part of the textbook examines the Black-Scholes model.
The book is written to provide a straightforward account of the principles of option pricing and examines these principles in detail using standard discrete and stochastic calculus models.