Title: The mathematics of financial derivatives
Subtitle: a student introduction
Description: Finance is one of the fastest growing areas in the modern banking and corporate world. This, together with the sophistication of modern financial products, provides a rapidly growing impetus for new mathematical models and modern mathematical methods; the area is an expanding source for novel and relevant 'real world' mathematics.

In this book the authors describe the modeling of financial derivative products from an applied mathematician's viewpoint, from modeling through analysis to elementary computation. A unified approach to modeling derivative products as partial differential equations is presented, using numerical solutions where appropriate. Some mathematics is assumed, but clear explanations are provided for material beyond elementary calculus, probability, and algebra.
Subjects: Mathematical models, Options (Finance), Prices, Derivative securities, Securities, Finance, mathematical models, Options (finance)--mathematical models, Options (finance)--prices--mathematical models, Derivative securities--mathematical models, Hg6024.a3 w554 1995, 332.63/228