{"product_id":"9783642269158","title":"Springer Finance: A Graduate Course","description":"\u003ch1\u003eSpringer Finance: A Graduate Course\u003c\/h1\u003e \u003ch2\u003eFilipovic, Damir\u003c\/h2\u003e \u003cp\u003e\u003c\/p\u003e\u003cp\u003eChanging interest rates constitute one of the major risk sources for banks, insurance companies, and other financial institutions. Modeling the term-structure movements of interest rates is a challenging task. This volume gives an introduction to the mathematics of term-structure models in continuous time. It includes practical aspects for fixed-income markets such as day-count conventions, duration of coupon-paying bonds and yield curve construction; arbitrage theory; short-rate models; the Heath-Jarrow-Morton methodology; consistent term-structure parametrizations; affine diffusion processes and option pricing with Fourier transform; LIBOR market models; and credit risk. \u003c\/p\u003e \u003cp\u003e\u003c\/p\u003e \u003cp\u003eThe focus is on a mathematically straightforward but rigorous development of the theory. Students, researchers and practitioners will find this volume very useful. Each chapter ends with a set of exercises, that provides source for homework and exam questions. Readers are expected to be familiar with elementary Itô calculus, basic probability theory, and real and complex analysis.\u003c\/p\u003e \u003ch3\u003eDetails\u003c\/h3\u003e \u003cp\u003ePublished by: Springer\u003c\/p\u003e \u003cp\u003ePublication Date: 2012-05-04\u003c\/p\u003e \u003cp\u003eFormat: Paperback\u003c\/p\u003e \u003cp\u003eISBN-13: 9783642269158\u003c\/p\u003e \u003cp\u003eDOI: 10.1007\/978-3-540-68015-4\u003c\/p\u003e \u003cp\u003eDimensions: 235cm x155cm\u003c\/p\u003e \u003cp\u003ePages: 256\u003c\/p\u003e ","brand":"Springer Berlin Heidelberg","offers":[{"title":"Default Title","offer_id":44481731461260,"sku":"9783642269158","price":62.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9783642269158.jpg?v=1775734795","url":"https:\/\/fh90cf-fv.myshopify.com\/products\/9783642269158","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}