This particular textbook serves as an elementary introduction to the field of financial mathematics. The text is primarily aimed at undergraduate students who possess basic knowledge of analysis, linear algebra, and probability.
The content of the book can be divided into two main sections. After the first introductory chapter, the first section begins, which includes chapters two, three, and four, and pertains to the deterministic approach to financial mathematics. Subsequently, the second section includes chapters five, six, and seven, and focuses on the stochastic approach.
The second chapter of the book provides a concise presentation of the basic theory of compound interest, interest rates, and the functions of various random variables. Chapter three examines some basic valuation models for bonds, stocks, and loans. Additionally, the issue of evaluating investment projects is explored.
In chapter four, the topic of the term structure of interest rates (yield curves) is presented. Chapter five investigates the stochastic theory of interest rates and revisits some of the deterministic models that were previously mentioned in the initial chapters from a stochastic perspective.
Chapter six presents the theory of derivatives and some elementary pricing models. Finally, chapter seven discusses a special topic related to the management of an investor's assets and liabilities.
Manufacturer
- Author
- Alexandros A. Zympidis
- Type
- Sociology, Positive Science Mathematics
- Language
- Greek
- Cover
- Hardcover
- Number of Pages
- 300
- Release Date
- 2/2010
- Publication Date
- 2010
- Dimensions
- 18x25 cm
- ISBN-13
- 9789609443012
Important information
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