S. Chandra, S. Dharmaraja, Aparna Mehra, R. Khemchandani
FINANCIAL MATHEMATICS: An Introduction attempts to provide an introductory text on Financial Mathematics to cater to the needs of students at various universities/ institutes in India and abroad. Apart from presenting two Nobel Prize winning theories of Black, Scholes and Merton for option pricing and Mean-Variance approach of Markowitz for portfolio optimization, the text also includes now standard topics of interest rate and interest rate derivatives. Certain interesting and useful topics e.g., Optimal Trading Strategies, Credit Scoring Models and Portfolio Credit Risk Management, which are...
FINANCIAL MATHEMATICS: An Introduction attempts to provide an introductory text on Financial Mathematics to cater to the needs of students at various ...