Title
An Introduction To Mathematical Finance: Options And Other Topics,New
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This Mathematically Elementary Introduction To The Theory Of Options Pricing Presents The Blackscholes Theory Of Options As Well As Introducing Such Topics In Finance As The Time Value Of Money, Mean Variance Analysis, Optimal Portfolio Selection, And The Capital Assets Pricing Model. The Author Assumes No Prior Knowledge Of Probability And Presents All The Necessary Preliminary Material Simply And Clearly. He Explains The Concept Of Arbitrage With Examples, And Then Uses The Arbitrage Theorem, Along With An Approximation Of Geometric Brownian Motion, To Obtain A Simple Derivation Of The Blackscholes Formula. In The Later Chapters He Presents Real Price Data Indicating That This Model Is Not Always Appropriate And Shows How The Model Can Be Generalized To Deal With Such Situations. No Other Text Presents Such Topics In A Mathematically Accurate But Accessible Way. It Will Appeal To Professional Traders As Well As Undergraduates Studying The Basics Of Finance.
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- Q: What is the page count of the book? A: The book has two hundred pages. This length provides a comprehensive yet accessible introduction to mathematical finance.
- Q: What type of binding does this book have? A: This book is bound in hardcover. The hardcover binding ensures durability and longevity for frequent use.
- Q: Who is the author of this book? A: The author is Sheldon M. Ross. He is well-known for his contributions to the field of finance and probability.
- Q: Is this book suitable for beginners in finance? A: Yes, the book is suitable for beginners. It presents complex financial concepts in a mathematically elementary manner.
- Q: Can I use this book for a finance course? A: Yes, this book is appropriate for finance courses. It covers essential topics such as options pricing and portfolio selection.
- Q: Is this book appropriate for self-study? A: Yes, it is suitable for self-study. The author assumes no prior knowledge and explains concepts clearly.
- Q: How should I care for this hardcover book? A: To care for this book, store it upright and avoid exposure to excessive moisture. Clean it gently with a dry cloth if needed.
- Q: Does this book come with illustrations or graphs? A: No, the book primarily focuses on text-based explanations. However, it includes examples and applications of the concepts discussed.
- Q: Is this book safe for young readers? A: Yes, the book is safe for young readers. However, it is recommended for those studying finance or mathematics at a higher level.
- Q: What is the primary focus of this book? A: The primary focus is on options pricing theory and related financial topics. It explores the Black-Scholes theory and capital asset pricing.
- Q: How do I return this book if needed? A: If you need to return the book, check the return policy provided by the seller. Generally, returns are accepted within a specified time frame.
- Q: What if the book arrives damaged? A: If the book arrives damaged, contact the seller immediately. They typically provide instructions for returns or exchanges.
- Q: Does this book include exercises or problems? A: No, the book does not include exercises. It focuses on theoretical explanations and real-world applications of financial concepts.
- Q: How does this book compare to other finance texts? A: This book is unique in its accessibility and clarity. It presents complex topics in a way that appeals to both professionals and students.
- Q: Is this book recommended for advanced finance students? A: Yes, it can be beneficial for advanced students. While it is introductory, it provides foundational knowledge crucial for deeper studies.
- Q: What topics does the book cover? A: The book covers options pricing, the time value of money, mean variance analysis, and optimal portfolio selection among others.