Computational Financial Mathematics using MATHEMATICA®
Contenu
This second edition presents an applied approach to financial mathematics and provides an overview of existing and original material. Sophisticated theories are presented systematically in a user-friendly style which promotes a powerful combination of mathematical rigor and Mathematica programming. Three kinds of solution methods are emphasized: symbolic, numerical, and Monte--Carlo.
This new comprehensive study guide presents several additional financial problems that can be directly applied in the field, i.e., Integral-PDE Dupire equations, inverse problems, 3-D numerical pricing equations, obstacle problems, optimal portfolio problem for momentum markets.
The book is intended for instructors and graduate students interested in financial mathematics as well as mathematically inclined investors and traders who rely on cash, stocks, and stock options on a regular basis.