The Mathematics of Finance: Modeling and Hedging (Brooks/Cole Series in Advanced Mathematics)

The Mathematics of Finance: Modeling and Hedging explains the process of computing derivative prices in terms of underlying equity prices, while at the same time provides readers with the mathematical tools and techniques to carry out that process. The authors help readers understand the process, develop insights into how derivatives are used, and comprehend the risk associated with creating or trading these assets. These insights into derivative trading provide extra knowledge of how modern equity markets work.Joseph Stampfli is the author of 'The Mathematics of Finance: Modeling and Hedging (Brooks/Cole Series in Advanced Mathematics)', published 2000 under ISBN 9780534377762 and ISBN 0534377769.