Pricing and Hedging of Derivative Securities
"This is a challenging and rewarding text. It will lead mathematics graduate students toward an interest in the problems of finance. It will lead finance graduate students toward the level of mathematical sophistication necessary to contribute to the literature in this field. It will also allow some academics currently teaching undergraduate and MBA derivatives courses to confirm or challenge their own often intuitive understanding of pricing, hedging, and arbitrage....The text is worth buying for the notes to Chapter 1 alone."--The Journal of Finance Research