Mathematical Models Of Financial Derivatives Paperback 2nd ed. 2008

New

Yue-Kuen Kwok

This second edition, now featuring new material, focuses on the valuation principles that are common to most derivative securities. A wide range of financial derivatives commonly traded in the equity and fixed income markets are analysed, emphasising aspects of pricing, hedging and practical usage. This second edition features additional emphasis on the discussion of Ito calculus and Girsanovs Theorem, and the risk-neutral measure and equivalent martingale pricing approach. A new chapter on credit risk models and pricing of credit derivatives has been added. Up-to-date research results are provided by many useful exercises.

9783540422884

English

Springer-Verlag Berlin and Heidelberg GmbH & Co. KG

01032018

2nd ed. 2008