This text explains in an intuitive yet rigorous way the mathematical and statistical applications relevant to modern financial instruments and risk management techniques. It progresses at a pace that is comfortable for those with less mathematical expertise yet reaches a level of analysis that will reward even the most experienced. The strong applied emphasis makes this book ideal for anyone who is seriously interested in mastering the quantitative techniques underpinning modern financial decision making.

�ber die Autorinnen und Autoren

Keith Parramore is based at the University of Brighton

Terry Watsham is Principal Lecturer in Finance at the University of Brighton.

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