Presents the mathematics that underpins pricing models for derivative securities, such as options, futures and swaps, in modern financial markets. This book fea... » 

Presents the mathematics that underpins pricing models for derivative securities, such as options, futures and swaps, in modern financial markets. This book features the continuous-time theory, which includes an analysis of the Black-Scholes model and its generalizations, American put options, term structure models, and more. «