Finance provides a dramatic example of the successful application of mathematics to the practical problem of pricing financial derivatives. This self-contained

Finance provides a dramatic example of the successful application of advanced mathematical techniques to the practical problem of pricing financial derivatives.

A rigorous introduction to the mathematics of pricing, construction and hedging of derivative securities.

Option Valuation: A First Course in Financial Mathematics provides a straightforward introduction to the mathematics and models used in the valuation of financi

Stochastic calculus has important applications to mathematical finance. This book will appeal to practitioners and students who want an elementary introduction