Download PDF by Ali Hirsa,Salih N. Neftci: An Introduction to the Mathematics of Financial Derivatives

By Ali Hirsa,Salih N. Neftci

ISBN-10: 012384682X

ISBN-13: 9780123846822

An advent to the maths of monetary Derivatives is a favored, intuitive textual content that eases the transition among easy summaries of economic engineering to extra complicated remedies utilizing stochastic calculus. Requiring just a simple wisdom of calculus and chance, it takes readers on a journey of complex monetary engineering. This vintage name has been revised through Ali Hirsa, who accentuates its famous strengths whereas introducing new topics, updating others, and bringing new continuity to the entire. well liked by readers since it emphasizes instinct and customary sense, An creation to the math of economic Derivatives remains the one "introductory" textual content which could entice humans outdoors the math and physics groups because it explains the hows and whys of functional finance problems.

  • Facilitates readers' knowing of underlying mathematical and theoretical versions by way of featuring a mix of thought and functions with hands-on learning
  • Presented intuitively, breaking apart complicated arithmetic ideas into simply understood notions
  • Encourages use of discrete chapters as complementary readings on assorted issues, supplying flexibility in studying and teaching

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An Introduction to the Mathematics of Financial Derivatives by Ali Hirsa,Salih N. Neftci

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