An Introduction to Mathematical Finance with Applications Understanding and Building Financial Intuition /

• Main Authors: Petters, Arlie O. (Author), Dong, Xiaoying (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: New York, NY : Springer New York : Imprint: Springer, 2016.
• Series: Springer Undergraduate Texts in Mathematics and Technology,
• Subjects: Mathematics.; Economics, Mathematical.; Actuarial science.; Mathematical models.; Probabilities.; Quantitative Finance.; Mathematical Modeling and Industrial Mathematics.; Probability Theory and Stochastic Processes.; Actuarial Sciences.

This textbook aims to fill the gap between those that offer a theoretical treatment without many applications and those that present and apply formulas without appropriately deriving them. The balance achieved will give readers a fundamental understanding of key financial ideas and tools that form t...

Table of Contents:

• Preface
• 1. Preliminaries and Financial Markets
• 2. The Time Value of Money
• 3. Markowitz Portfolio Theory
• 4. Capital Market Theory and Portfolio Risk Measures
• 5. Binomial Trees and Security Pricing Modeling
• 6. Stochastic Calculus and Geometric Brownian Motion Model
• 7. Derivatives: Forwards, Futures, Swaps and Options
• 8. The BSM Model and European Option Pricing
• Index. .