[BOOKS] ⚡ Mathematical Models of Financial Derivatives (Springer Finance) ✯ Yue-Kuen Kwok – Tactical-player.co.uk

Mathematical Models of Financial Derivatives (Springer Finance) The goal of this book is to disseminate the knowledge of a very technical subject to a very wide range of audience, including finance professionals The author did a respectable job in that regard With some improvement in future revisions, this book seems to be one of the best introductionary texts on stochastic calculus. This Second Edition, Now Featuring New Material, Focuses On The Valuation Principles That Are Common To Most Derivative Securities A Wide Range Of Financial Derivatives Commonly Traded In The Equity And Fixed Income Markets Are Analysed, Emphasising Aspects Of Pricing, Hedging And Practical Usage This Second Edition Features Additional Emphasis On The Discussion Of Ito Calculus And Girsanovs Theorem, And The Risk Neutral Measure And Equivalent Martingale Pricing Approach A New Chapter On Credit Risk Models And Pricing Of Credit Derivatives Has Been Added Up To Date Research Results Are Provided By Many Useful Exercises. This is a well written textbook for beginners in financial derivatives It is very comprehensive as it covers various financial products The main attraction of this book is its exercises Many problems come from past academic papers I benefit a lot from doing those drills.

Leave a Reply

Your email address will not be published. Required fields are marked *