Table of Contents Introduction 2 Option Terms and Concepts 4 What is an Option? 4 Long 4 Short 4 Open 4 Close 5 Leverage and Risk 5 In-the-money, At-the-money, Out-of-the-money 5 Time Decay 6 Expiration Day 6 Exercise 6 Assignment 6 Whats...

1. Introduction My course comprises the second half of Mathematical Methods and concentrates on algorithmic aspects. This is not a course in pricing, but I have tried to illustrate topics by examples drawn from mathematical nance. 1.1. Rea...

1.Introduction 2.Lessons learned from case studies 3.Chase Manhanttan corporation 4.E.I.du pont de Nemours and Company 5.Microsoft Corporation 6.United Grain Growers Limited 7.Unocal Corporation 8.Conclusion...

Introduction xi CHAPTER 1 Investment Guarantees 1 CHAPTER 2 Modeling Long-Term Stock Returns 15 CHAPTER 3 Maximum Likelihood Estimation for Stock Return Models 47 vii Contents Introduction 1 Major Benefit Types 4 Contract Types 5 Equity-Li...

1. Introduction. In this course we will study mathematical finance. Mathematical finance is not about predicting the price of a stock. What it is about is figuring out the price of options and derivatives. The most familiar type of option...

作者：bjork 1.Introduction 2.The binomial model 3.A more general one period model 4.Stochastic integrals 5 Differential equations 6.Protfolio dynamics 7 Arbitrage pricing 8.Completeness and hedging 9.Parity relations and Delta Hedging 10.T...

Chapter 1 PRICING AND HEDGING IN SINGLE-PERIOD MARKETS Chapter 2 PRICING AND HEDGING INMULTI-PERIOD MARKETS Chapter 3 FINANCIAL GAINS WITH TIME INCREMENTS THAT ARE INFINITELY SMALL Chapter 4 PRICING AND HEDGING DERIVATIVES IN THE BLACKSCHO...

Contents Preface . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . XV Audience and style . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .XVII Structure of the...

Table of Contents | Index Structured Finance Modeling with Object-Oriented VBA Chapter 1.Cash-Flow Structures Getting Started Securitization Synthetic Structures Putting It All Together Endnotes Chapter 2.Modeling Dipping a Toe in the Shal...

Contents Chapter 1. Introduction 1 1.1. Overview 1 1.2. Portfolio Theory 2 1.3. Fundamentals of Arbitrage Theory 3 1.4. The Black-Scholes Model 6 1.5. Summary 8 1.6. Problems 8 Chapter 2. Brownian Motion and Stochastic Integration 9 2.1. D...