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Synopsis
Finance is one of the fastest growing areas in the modern banking and corporate world. This, together with the sophistication of modern financial products, provides a rapidly growing impetus for new mathematical models and modern mathematical methods. Indeed, the area is an expanding source for novel and relevant "real-world" mathematics. In this book, the authors describe the modeling of financial derivative products from an applied mathematician's viewpoint, from modeling to analysis to elementary computation. The authors present a unified approach to modeling derivative products as partial differential equations, using numerical solutions where appropriate. The authors assume some mathematical background, but provide clear explanations for material beyond elementary calculus, probability, and algebra. This volume will become the standard introduction for advanced undergraduate students to this exciting new field.
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Book Description
The rapidly growing area of finance is an expanding source for the development of novel and relevant "real-world" mathematics. This text describes the modeling of financial derivative products from an applied mathematician's viewpoint, from modeling to analysis to elementary computation.
From the Back Cover
Finance is one of the fastest growing areas in the modern banking and corporate world. this, together with the sophistication of modern financial products, provides a rapidly growing impetus for new mathematical models and modern mathematical methods; the area is an expanding source for novel and relevant 'real-world' mathematics.
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- PublisherCambridge University Press
- Publication date1995
- ISBN 10 0521497892
- ISBN 13 9780521497893
- BindingPaperback
- LanguageEnglish
- Edition number1
- Number of pages317
- Rating
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The Mathematics of Financial Derivatives: A Student Introduction
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ISBN 10: 0521497892
ISBN 13: 9780521497893
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The Mathematics of Financial Derivatives: A Student Introduction
Published by
Cambridge University Press, 1995
ISBN 10: 0521497892
ISBN 13: 9780521497893
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The Mathematics of Financial Derivatives: A Student Introduction
Published by
Cambridge University Press, 1995
ISBN 10: 0521497892
ISBN 13: 9780521497893
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The Mathematics of Financial Derivatives: A Student Introduction
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ISBN 13: 9780521497893
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The Mathematics of Financial Derivatives: A Student Introduction
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ISBN 13: 9780521497893
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The Mathematics of Financial Derivatives: A Student Introduction
Published by
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ISBN 10: 0521497892
ISBN 13: 9780521497893
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The Mathematics of Financial Derivatives: A Student Introduction
Published by
Cambridge University Press, 1995
ISBN 10: 0521497892
ISBN 13: 9780521497893
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The Mathematics of Financial Derivatives: A Student Introduction
Published by
Cambridge University Press, 1995
ISBN 10: 0521497892
ISBN 13: 9780521497893
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The Mathematics of Financial Derivatives: A Student Introduction
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ISBN 13: 9780521497893
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The Mathematics of Financial Derivatives: A Student Introduction
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ISBN 10: 0521497892
ISBN 13: 9780521497893
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Paperback. Condition: Very Good. Finance is one of the fastest growing areas in the modern banking and corporate world. This, together with the sophistication of modern financial products, provides a rapidly growing impetus for new mathematical models and modern mathematical methods; the area is an expanding source for novel and relevant 'real-world' mathematics. In this book the authors describe the modelling of financial derivative products from an applied mathematician's viewpoint, from modelling through analysis to elementary computation. A unified approach to modelling derivative products as partial differential equations is presented, using numerical solutions where appropriate. Some mathematics is assumed, but clear explanations are provided for material beyond elementary calculus, probability, and algebra. Over 140 exercises are included. This volume will become the standard introduction to this exciting new field for advanced undergraduate students. The book has been read, but is in excellent condition. Pages are intact and not marred by notes or highlighting. The spine remains undamaged. Seller Inventory # GOR002423412
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