An Introduction to the Mathematics of Finance, Second Edition: A Deterministic Approach
| Author | : | |
| Rating | : | 4.52 (905 Votes) |
| Asin | : | 0080982409 |
| Format Type | : | paperback |
| Number of Pages | : | 464 Pages |
| Publish Date | : | 2016-04-22 |
| Language | : | English |
DESCRIPTION:
It is written in a clear and concise way, and a wide range of realistic and relevant examples are provided which make the subject come alive. Barrieu, London School of Economics"This 2nd edition will give students excellent support when tackling the Actuarial Profession’s examination in Subject CT1. By updating the original edition with more emphasis on derivative pricing, this book has become an up-to-date first class textbook on this topic." --P.M. "The main focus is the theory of compound interest, which is called deterministic financial mathematics by the authorwell written and the materials therein are well organized." --Zentralblatt MATH, An Introduction to the Mathematics of Finance "…it offers some very clear explanations of the fundamental building blocks of actuarial work, such as compound interest functions, term structures and discounting…The use of examples and exam questions from the IF
With a wealth of solved problems and interesting applications, An Introduction to the Mathematics of Finance stands alone inits ability to address the needs of its primary target audience, the actuarial student.Closely follows the syllabus for the CT1 exam of The Institute and Faculty of ActuariesFeatures new content and more examplesOnline supplements available: booksite.elsevier/9780080982403/Includes past exam questions from The Institute and Faculty of Actuaries and the CFA Institute. An Introduction to the Mathematics of Finance: A Deterministic Approach, 2e, offers a highly illustrated introduction to mathematical finance, with a special emphasis on interest rates. This revision of the
Stephen is a Fellow of the Royal Aeronautical Society, the highest grade attainable in the world's foremost aerospace institution. Stephen Garrett is Professor of Mathematical Sciences at the University of Leicester in the UK. These two distinct responsibilities reflect his background and achievements in both act
He Jing said Love it. Helps a lot for my college studies, also some formulas are not quite clear on Kindle version, still good stuff.