This is a comprehensive treatment of the theory and practice of option pricing. Mathematical and financial language is used to bring mathematicians closer to practical problems of finance and to present useful mathematical tools to the industry. The work emphasizes the use of arbitrage-free models already accepted by the market.
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This is a comprehensive treatment of the theory and practice of option pricing. Mathematical and financial language is used to bring mathematicians closer to practical problems of finance and to present useful mathematical tools to the industry. The work emphasizes the use of arbitrage-free models already accepted by the market.
Read Less