The Mathematics of Finance: Modeling and Hedging (Brooks/Cole… | 0534377769 9780534377762 PDF

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Author: Victor Goodman
ISBN-10: 0534377769 ISBN-13: 9780534377762

The Mathematics of Finance: Modeling and Hedging explains the process of computing derivative prices in terms of underlying equity prices, while at the same time provides readers with the mathematical tools and techniques to carry out that process. The authors help readers understand the process, develop insights into how derivatives are used, and comprehend the risk associated with creating or trading these assets. These insights into derivative trading provide extra knowledge of how modern equity markets work.

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