(Chapman and Hall/CRC Financial Mathematics Series) 2nd Edition
by Hugo D. Junghenn (Author)
Introduction to Financial Mathematics: Option Valuation, Second
Edition is a well-rounded primer to the mathematics and models used in
the valuation of financial derivatives.
The book consists of
fifteen chapters, the first ten of which develop option valuation
techniques in discrete time, the last five describing the theory in
continuous time.
The first half of the textbook develops basic
finance and probability. The author then treats the binomial model as
the primary example of discrete-time option valuation. The final part of
the textbook examines the Black-Scholes model.
The book is
written to provide a straightforward account of the principles of option
pricing and examines these principles in detail using standard discrete
and stochastic calculus models.
