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Customized Derivatives: A Step-By-Step Guide to Using Exotic Options, Swaps, and Other Customized Derivatives - Hardcover

Ravindran, K.

 
9780786305568: Customized Derivatives: A Step-By-Step Guide to Using Exotic Options, Swaps, and Other Customized Derivatives

Inhaltsangabe

In a guide for readers with a general understanding of basic derivatives and first year calculus, Ravindran (statistics and actuarial science, U. of Waterloo) describes the building blocks on which exotic derivatives are based. He maintains that exotic derivatives can be valued using the permutations of certain mathematical tools, which are appended. He also explains the Brownian motion assumption that is necessary for all option pricing formulas. Annotation c. by Book News, Inc., Portland, Or.

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