01302    a2200169   4500020001500000020001800015082001400033100002300047245005600070250001200126260004900138300002100187500001500208520074000223856008200963856008701045  a0521813859  a978052181385304a332.632211 aEtheridge, Alison.12aA course in financial calculus /cAlison Etheridge.  a1st ed.  a[S.l.] :bCambridge University Press,c2002.  a204 p. ;c25 cm.  aHardcover.  aThis text is designed for first courses in financial calculus aimed at students with a good background in mathematics. Key concepts such as martingales and change of measure are introduced in the discrete time framework, allowing an accessible account of Brownian motion and stochastic calculus. The Black-Scholes pricing formula is first derived in the simplest financial context. Subsequent chapters are devoted to increasing the financial sophistication of the models and instruments. The final chapter introduces more advanced topics including stock price models with jumps, and stochastic volatility. A large number of exercises and examples illustrate how the methods and concepts can be applied to realistic financial questions.403Amazon.comuhttp://www.amazon.com/exec/obidos/ASIN/0521813859/chopaconline-20403Amazon customer reviewsuhttp://www.chopac.org/cgi-bin/tools/azrev.pl?q=0521813859