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 ...

He explained such concepts as the fundamental theorem of calculus, derivatives, integration, and Gabriel’s Horn at a 5th ...

Nitin has so far been investing in the stocks directly, but he is planning to take a leap and start investing in derivatives as ... suggests Nitin use an options calculator as it could help ...

Here now is the first rigorous and accessible account of the mathematics behind the pricing, construction and hedging of derivative securities. Key concepts such as martingales, change of measure, and ...