Publication

2001-08-09 - Springer

Language

English

Word Count

129,500 words, Guess

Page Count

518 pages

Physical Format

Hardcover

Identifiers

and 1 more
  • LibraryThing522717

Classifications

  • LCCHB539 .B785 2001

Description

This book explains how Interest-rate models work and shows how to implement them for concrete pricing. The revised 2nd edition of this book incorporates considerable new material, including sections on local-volatility dynamics, and on stochastic volatility models.

First Sentence

The concept of interest rate belongs to our every-day life and has entered our minds as something familiar we know how to deal with.

Subjects

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