{"product_id":"financial-calculus-an-introduction-to-derivative-pricing-0521552893","title":"Financial Calculus: An Introduction to Derivative Pricing","description":"\u003cp\u003e\u003cstrong\u003eISBN:\u003c\/strong\u003e 0521552893\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eAuthor:\u003c\/strong\u003e Baxter, Martin\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eCondition:\u003c\/strong\u003e New\u003c\/p\u003e\u003cp\u003eHere is the first rigorous and accessible account of the mathematics behind the pricing, construction, and hedging of derivative securities. With mathematical precision and in a style tailored for market practioners, the authors describe key concepts such as martingales, change of measure, and the Heath-Jarrow-Morton model. Starting from discrete-time hedging on binary trees, the authors develop continuous-time stock models (including the Black-Scholes method). They stress practicalities including examples from stock, currency and interest rate markets, all accompanied by graphical illustrations with realistic data. The authors provide a full glossary of probabilistic and financial terms.\u003c\/p\u003e\u003cul\u003e\u003cli\u003eNew | Mint Condition | Dispatch same day for order received before 12 noon | Guaranteed packaging | No quibbles returns\u003c\/li\u003e\u003c\/ul\u003e","brand":"Mia Karts","offers":[{"title":"Default Title","offer_id":51525285216544,"sku":"NEW0521552893","price":61.61,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0980\/7426\/3840\/files\/71fgEyYjRkL_dbddd695-b969-4144-8d8a-15379e6c8bb7.jpg?v=1777146636","url":"https:\/\/miakarts.com\/products\/financial-calculus-an-introduction-to-derivative-pricing-0521552893","provider":"Miakarts Books","version":"1.0","type":"link"}