Option Valuation: A First Course in Financial Mathematics, 1st Edition (e-Book) book cover

Option Valuation

A First Course in Financial Mathematics, 1st Edition

By Hugo D. Junghenn

Chapman and Hall/CRC

266 pages

Purchasing Options:$ = USD
Hardback: 9781439889114
pub: 2011-11-23
SAVE ~$14.59
$72.95
$58.36
x
eBook (VitalSource) : 9780429086236
pub: 2011-11-23
from $36.48


FREE Standard Shipping!

Description

Option Valuation: A First Course in Financial Mathematics provides a straightforward introduction to the mathematics and models used in the valuation of financial derivatives. It examines the principles of option pricing in detail via standard binomial and stochastic calculus models. Developing the requisite mathematical background as needed, the t

Table of Contents

Interest and Present Value. Probability Spaces. Random Variables. Options and Arbitrage. Discrete-Time Portfolio Processes. Expectation of a Random Variable. The Binomial Model. Conditional Expectation and Discrete-Time Martingales. The Binomial Model Revisited. Stochastic Calculus. The Black-Scholes-Merton Model. Continuous-Time Martingales. The BSM Model Revisited. Other Options. Appendices. Bibliography. Index.

About the Author

Hugo D. Junghenn is a professor of mathematics at the George Washington University. His research interests include functional analysis and semigroups.

Subject Categories

BISAC Subject Codes/Headings:
BUS027000
BUSINESS & ECONOMICS / Finance
MAT000000
MATHEMATICS / General
MAT029000
MATHEMATICS / Probability & Statistics / General