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(Paperback)

By: Andrew J. G. Cairns

ISBN: 9780691118949
Readership/Audience: Professional and Scholarly
Publication Date: Apr 2004
Publisher: Princeton University Press
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The field of financial mathematics has developed over the years, and the underlying models that have taken shape in interest rate markets and bond markets, being richer in structure than equity-derivative models, are fascinating and complex. This book introduces the tools required for the arbitrage-free modelling of the dynamics of these markets.