Mathematical Models of Financial Derivatives (Springer Finance)

Acknowledged authors Kwok, Yue-Kuen wrote Mathematical Models of Financial Derivatives (Springer Finance) comprising 386 pages back in 2008. Textbook and eTextbook are published under ISBN 3540422889 and 9783540422884. Since then Mathematical Models of Financial Derivatives (Springer Finance) textbook was available to sell back to BooksRun online for the top buyback price or rent at the marketplace.

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.