000			01953nam a22002297a 4500
005			20240219130657.0
008			240219b |||||||| |||| 00| 0 eng d
020			_a9781944659844
082			_a330.01513 _bBUC
100			_aBuchanan, J Robert _914522
245			_aAn undergraduate introduction to financial mathematics
250			_a3rd
260			_bWorld Scientific Publishing _aSingapore _c2022
300			_axviii, 464 p.
365			_aINR _b1195.00
520			_aThis textbook provides an introduction to financial mathematics and financial engineering for undergraduate students who have completed a three- or four-semester sequence of calculus courses. It introduces the theory of interest, discrete and continuous random variables and probability, stochastic processes, linear programming, the Fundamental Theorem of Finance, option pricing, hedging, and portfolio optimization. This third edition expands on the second by including a new chapter on the extensions of the Black-Scholes model of option pricing and a greater number of exercises at the end of each chapter. More background material and exercises added, with solutions provided to the other chapters, allowing the textbook to better stand alone as an introduction to financial mathematics. The reader progresses from a solid grounding in multivariable calculus through a derivation of the Black-Scholes equation, its solution, properties, and applications. The text attempts to be as self-contained as possible without relying on advanced mathematical and statistical topics. The material presented in this book will adequately prepare the reader for graduate-level study in mathematical finance. (https://www.worldscientific.com/worldscibooks/10.1142/8495#t=aboutBook)
650			_aBusiness mathematics _915355
650			_aFinancial mathematics _916054
650			_aFundamental Theorem--Finance _916055
650			_aBlack-Scholes equation _916056
942			_cBK _2ddc
999			_c6281 _d6281