Undergraduate Introduction to Financial Mathematics, an (Second Edition) (Hardcover) (ISBN-13: 9789812835352)

This textbook provides an introduction to financial mathematics and financial engineering for undergraduate students who have completed a three- or four-semester sequence of calculus courses.It introduces the Theory of Interest, discrete and continuous random variables and probability, stochastic processes, linear programming, the Fundamental Theorem of Finance, option pricing, hedging, and portfolio optimization. The reader progresses from a solid grounding in multi-variable calculus through a derivation of the Black-Scholes equation, its solution, properties, and applications.

Author: J. Robert Buchanan
ISBN-10: 9812835350
ISBN-13: 9789812835352
Publisher: World Scientific Publishing Company
Language: English
Published: 09/30/2008
Pages: 372
Format: Hardcover
Weight: 1.45lbs
Size: 9.10h x 6.10w x 0.90d