A rigorous introduction to the mathematics of pricing, construction and hedging of derivative securities.

Finance provides a dramatic example of the successful application of mathematics to the practical problem of pricing financial derivatives. This self-contained

Stochastic calculus has important applications to mathematical finance. This book will appeal to practitioners and students who want an elementary introduction

This book presents a concise treatment of stochastic calculus and its applications. It gives a simple but rigorous treatment of the subject including a range of

Financial mathematics and its calculus introduced in an accessible manner for undergraduate students. Topics covered include financial indices as stochastic pro