An Introduction to Financial Mathematics: Option Valuation

Option Valuation, Second Edition is a comprehensive primer to the mathematics and models used in the valuation of financial derivatives, with 15 chapters covering discrete-time and continuous-time approaches, basic finance, and probability, and including new exercises and examples.

Format: Paperback / softback
Length: 318 pages
Publication date: 21 January 2023
Publisher: Taylor & Francis Ltd

Introduction to Financial Mathematics: Option Valuation, Second Edition is a comprehensive guide to the mathematics and models employed in the valuation of financial derivatives. Comprising fifteen chapters, the first ten focus on developing option valuation techniques in discrete time, while the remaining five delve into the theory in continuous time. The textbook begins by establishing fundamental concepts in finance and probability, utilizing the binomial model as a primary illustration of discrete-time option valuation. The final section examines the Black-Scholes model.

The book's primary objective is to present a clear and detailed explanation of the principles of option pricing, exploring these principles through the use of standard discrete and stochastic calculus models. Furthermore, the second edition incorporates numerous exercises and examples, accompanied by numerous tables and graphs generated by over 30 MS Excel VBA modules available on the author's webpage, {URL}>

Weight: 590g
Dimension: 234 x 156 (mm)
ISBN-13: 9781032475752
Edition number: 2 ed