Title
Financial Calculus: An Introduction to Derivative Pricing,Used
Sold by Ergodebooks, an authorized reseller.
Returns accepted within 30 days | support@ergodebooks.com
Shipping Information
- Free Standard Shipping — United States only
- Processing Time: 1–3 business days
- Estimated Delivery: 3–5 business days after dispatch
- Double-boxed, fully insured & discreetly packaged
- Tracking number sent via email once dispatched
- Orders over $250 require signature upon delivery. Taxes calculated at checkout.
Returns & Refund
Returns accepted within 30 days of delivery.
Damaged or Defective Item
Free return shipping + replacement or full refund
Wrong Item Received
Free return shipping + replacement or full refund
Change of Mind
Return shipping at customer's expense · 25% restocking fee applies
Payment Option
Here is the first rigorous and accessible account of the mathematics behind the pricing, construction, and hedging of derivative securities. With mathematical precision and in a style tailored for market practioners, the authors describe key concepts such as martingales, change of measure, and the HeathJarrowMorton model. Starting from discretetime hedging on binary trees, the authors develop continuoustime stock models (including the BlackScholes method). They stress practicalities including examples from stock, currency and interest rate markets, all accompanied by graphical illustrations with realistic data. The authors provide a full glossary of probabilistic and financial terms.
⚠️ WARNING (California Proposition 65):
This product may contain chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm.
For more information, please visit www.P65Warnings.ca.gov.
- Q: What is 'Financial Calculus: An Introduction to Derivative Pricing' about? A: This book provides a rigorous and accessible account of the mathematics involved in pricing, constructing, and hedging derivative securities, focusing on key concepts such as martingales and the Heath-Jarrow-Morton model.
- Q: Who is the author of this book? A: The author of 'Financial Calculus' is Martin Baxter.
- Q: What topics are covered in this book? A: The book covers discrete-time hedging, continuous-time stock models including the Black-Scholes method, and practical examples from stock, currency, and interest rate markets.
- Q: What is the condition of the book? A: The book is in new condition and comes with guaranteed packaging.
- Q: How many pages does the book have? A: The book has a total of 233 pages.
- Q: What is the binding type of this book? A: The book is available in hardcover binding.
- Q: When was this book published? A: The book was published on September 28, 1996.
- Q: Is there a glossary included in the book? A: Yes, the book includes a full glossary of probabilistic and financial terms.
- Q: What is the edition of this book? A: This book is the 17th edition.
- Q: What features does this book offer? A: Features include mint condition, same-day dispatch for orders received before noon, guaranteed packaging, and a no-quibbles return policy.