[PDF.90uh] Risk-Neutral Valuation: Pricing and Hedging of Financial Derivatives (Springer Finance)

Risk-Neutral Valuation: Pricing and Hedging of Financial Derivatives (Springer Finance)

[PDF.hn65] Risk-Neutral Valuation: Pricing and Hedging of Financial Derivatives (Springer Finance)

Risk-Neutral Valuation: Pricing and  Nicholas H. Bingham, Rüdiger Kiesel epub
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 | #5020312 in Books |  2010-12-01 |  2013-10-04 | Original language:English | PDF # 1 |  9.25 x1.03 x6.10l,1.40 | File type: PDF | 438 pages

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||1 of 1 people found the following review helpful.| great course book|By Palle E T Jorgensen|Risk-neutral measures are used in the pricing of financial derivatives, financial products derived from underlying assets, such as stocks. They are also called an equivalent martingale measures.
The book covers among other things the fundamental theorem of asset pricing, but readers are gently introduced to the necessary mathematics

This second edition - completely up to date with new exercises - provides a comprehensive and self-contained treatment of the probabilistic theory behind the risk-neutral valuation principle and its application to the pricing and hedging of financial derivatives. On the probabilistic side, both discrete- and continuous-time stochastic processes are treated, with special emphasis on martingale theory, stochastic integration and change-of-measure techniques. Based on fi...

You can specify the type of files you want, for your gadget.Risk-Neutral Valuation: Pricing and Hedging of Financial Derivatives (Springer Finance)   |  Nicholas H. Bingham, Rüdiger Kiesel. A good, fresh read, highly recommended.

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