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Financial Calculus: An Introduction to Derivative Pricing

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Financial Calculus: An Introduction to Derivative Pricing - Baxter, Martin, and Rennie, Andrew
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The first rigorous and accessible account of the mathematics behind the pricing, construction, and hedging of derivative securities, this book explains, with mathematical precision and in a style tailored for market practitioners, such key concepts as martingales, change of measure, and the Heath-Jarrow-Morton model. A full Glossary of probabilistic and financial terms is provided along with graphical illustrations with realistic data.

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Financial Calculus: An Introduction to Derivative Pricing 1996, Cambridge University Press, Cambridge

ISBN-13: 9780521552899

17th edition

Hardcover