000 nam a22 4500
999 _c33275
_d33275
008 240404b xxu||||| |||| 00| 0 eng d
020 _a9798886130249
082 _a650.0151
_bBUC
100 _aBuchanan, J. Robert
245 _aAn undergraduate introduction to financial mathematics
250 _a4th ed.
260 _bWorld Scientific,
_c2024
_aNew Jersey :
300 _axvi, 449p. ;
_bill.,
_c23 cm.
365 _b1750.00
_c₹
_d01
504 _aIncludes bibliographical references and index.
520 _aThis 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, random variables and probability, stochastic processes, arbitrage, option pricing, hedging, and portfolio optimization. The student progresses from knowing only elementary calculus to understanding the derivation and solution of the Black-Scholes partial differential equation and its solutions. This is one of the few books on the subject of financial mathematics which is accessible to undergraduates having only a thorough grounding in elementary calculus. It explains the subject matter without "hand waving" arguments and includes numerous examples. Every chapter concludes with a set of exercises which test the chapter's concepts and fill in details of derivations."--BOOK JACKET. "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, random variables and probability, stochastic processes, arbitrage, option pricing, hedging, and portfolio optimization. The student progresses from knowing only elementary calculus to understanding the derivation and solution of the Black-Scholes partial differential equation and its solutions. This is one of the few books on the subject of financial mathematics which is accessible to undergraduates having only a thorough grounding in elementary calculus. It explains the subject matter without “hand waving” arguments and includes numerous examples. Every chapter concludes with a set of exercises which test the chapter's concepts and fill in details of derivations.
650 _aBusiness mathematics
650 _aFinancial mathematics
650 _aTheory of interest
650 _aProbability
650 _aBinomial trees
650 _aRandom variables
650 _aHedging
650 _aArbitrage theorem
650 _aBlack-Scholes
650 _a Hedging
650 _aDiscrete Probability
650 _aOptimal Portfolio Choice
650 _aBrownian Motion
650 _aBlack–Scholes Model
650 _aNormal Random Variables
942 _2ddc
_cBK