||0 of 1 people found the following review helpful.| Five Stars|By Rupert C Spence|Proofs are clear and tractable and provides a very good grounding in the fundamentals of stochastic differential equations.|From the Back Cover|The book presents applications of stochastic calculus to derivative security pricing and interest rate modelling. By focusing more on the financial intuition of the applications rather than the mathematical formalities, the book provides the
The book presents applications of stochastic calculus to derivative security pricing and interest rate modelling. By focusing more on the financial intuition of the applications rather than the mathematical formalities, the book provides the essential knowledge and understanding of fundamental concepts of stochastic finance, and how to implement them to develop pricing models for derivatives as well as to model spot and forward interest rates. Furthermore an extensive o...
[PDF.bj04] Derivative Security Pricing: Techniques, Methods and Applications (Dynamic Modeling and Econometrics in Economics and Finance) Rating: 4.93 (572 Votes)
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