Mathematics for Finance: An Introduction to Financial Engineering (Springer Undergraduate Mathematics Series)

Mathematics for Finance: An Introduction to Financial Engineering (Springer Undergraduate Mathematics Series) by Capinski, Marek. paperback edition. ISBN: 9781852333300.

This textbook contains the fundamentals for an undergraduate course in mathematical finance aimed primarily at students of mathematics. Assuming only a basic knowledge of probability and calculus, the material is presented in a mathematically rigorous and complete way. The book covers the time value of money, including the time structure of interest rates, bonds and stock valuation; derivative securities (futures, options), modelling in discrete time, pricing and hedging, and many other core topics. With numerous examples, problems and exercises, this book is ideally suited for independent study.