000			01681 a2200181 4500
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008			241210b |||||||| |||| 00| 0 eng d
020			_a9798886130249
082			_a330.0151 _bBucU4
100			_aBuchanan, J Robert
245			_aAn Undergraduate Introduction to Financial Mathematics [4th Ed.] / _cJ Robert Buchanan
250			_a4th Ed.
260			_aSingapore : _bWorld Scientific, _c©2024.
300			_axvi, 449p. _epbk
520			_aThis textbook provides an introduction to financial mathematics and financial engineering for undergraduate students who have completed a three- or four-semester sequence of calculus courses. It introduces the theory of interest, discrete and continuous random variables and probability, stochastic processes, linear programming, the Fundamental Theorem of Finance, option pricing, hedging, and portfolio optimization. This third edition expands on the second by including a new chapter on the extensions of the Black-Scholes model of option pricing and a greater number of exercises at the end of each chapter. More background material has been added to the other chapters, allowing the textbook to better stand alone as an introduction to financial mathematics. The reader progresses from a solid grounding in multivariable calculus through a derivation of the Black-Scholes equation, its solution, properties, and applications. The text attempts to be as self-contained as possible without relying on advanced mathematical and statistical topics. The material presented in this book will adequately prepare the reader for graduate-level study in mathematical finance.
650			_aMathematics
942			_cBK
999			_c7057 _d7057