DISCRETE TIME MODELS IN FINANC

3.00 points · University catalogue

Prerequisites: ( MATH UN1102 and MATH UN1201 ) or ( MATH UN1101 and MATH UN1102 and MATH UN1201 ) and MATH UN2010 Recommended: MATH UN3027 (or MATH UN2030 and SIEO W3600 ). Elementary discrete time methods for pricing financial instruments, such as options. Notions of arbitrage, risk-neutral valuation, hedging, term-structure of interest rates