Mathematics for finance [Book] : an introduction to financial engineering / Marek Capinski and Tomasz Zastawniak.
Material type: TextSeries: Springer undergraduate mathematics seriesPublication details: London ; New York : Springer, c2003.Description: x, 310 p. : ill. ; 24 cmISBN:- 1852333308
- 332.60151 21
- 332.60151
Item type | Current library | Call number | Status | Date due | Barcode | Item holds |
---|---|---|---|---|---|---|
Books | Junaid Zaidi Library, COMSATS University Islamabad 2nd Floor | 332.60151 CAP-M (Browse shelf(Opens below)) | Available | 47347 |
As with the first edition, Mathematics for Finance: An Introduction to Financial Engineering combines financial motivation with mathematical style. Assuming only basic knowledge of probability and calculus, it presents three major areas of mathematical finance, namely Option pricing based on the no-arbitrage principle in discrete and continuous time setting, Markowitz portfolio optimisation and Capital Asset Pricing Model, and basic stochastic interest rate models in discrete setting. From the reviews of the first edition: "This text is an excellent introduction to Mathematical Finance. Armed with a knowledge of basic calculus and probability a student can use this book to learn about derivatives, interest rates and their term structure and portfolio management."(Zentralblatt MATH) "Given these basic tools, it is surprising how high a level of sophistication the authors achieve, covering such topics as arbitrage-free valuation, binomial trees, and risk-neutral valuation.
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