02293cam a2200181 i 4500
140313s2014 flu b 001 0 eng
9781439871683
332.0151
D2Q8
Davison, Matt
289743
Quantitative finance: a simulation-based introduction using excel
Boca Raton
CRC Press
2014
xix, 511 p.
Quantitative Finance: A Simulation-Based Introduction Using Excel provides an introduction to financial mathematics for students in applied mathematics, financial engineering, actuarial science, and business administration. The text not only enables students to practice with the basic techniques of financial mathematics, but it also helps them gain significant intuition about what the techniques mean, how they work, and what happens when they stop working.
After introducing risk, return, decision making under uncertainty, and traditional discounted cash flow project analysis, the book covers mortgages, bonds, and annuities using a blend of Excel simulation and difference equation or algebraic formalism. It then looks at how interest rate markets work and how to model bond prices before addressing mean variance portfolio optimization, the capital asset pricing model, options, and value at risk (VaR). The author next focuses on binomial model tools for pricing options and the analysis of discrete random walks. He also introduces stochastic calculus in a nonrigorous way and explains how to simulate geometric Brownian motion. The text proceeds to thoroughly discuss options pricing, mostly in continuous time. It concludes with chapters on stochastic models of the yield curve and incomplete markets using simple discrete models.
Accessible to students with a relatively modest level of mathematical background, this book will guide your students in becoming successful quants. It uses both hand calculations and Excel spreadsheets to analyze plenty of examples from simple bond portfolios. The spreadsheets are available on the book’s CRC Press web page. (http://www.crcpress.com/product/isbn/9781439871683)
Microsoft excel - Finance
290779
Mathematical models
290780
Finance - Simulation methods
290781
ddc
BK
188519
188519
0
0
ddc
0
332_015100000000000_D2Q8
0
NFIC
274519
VSL
VSL
Slot 605 (0 Floor, West Wing)
2014-07-31
Kushal Books
4271.15
Slot 605 (0 Floor, West Wing)
2
1
332.0151 D2Q8
183390
2016-01-30
2015-12-31
5338.93
BK