Sanjiv Das, Rangarajan Sundaram
McGraw-Hill Higher Education; 2nd edition
The second edition of Derivatives (PDF) makes a concentrated attempt throughout the entirety of the textbook to convey the intuition that lies underlying the formal mathematics of hedging and pricing. Answers may be found throughout the PDF etextbook to questions such as “how are forward/future prices determined?” and “why does the Black-Scholes formula have the shape it does?” as well as “what is a call option?” and “how to price a put option?” Before moving on to formal analysis, the writers provide an explanation of the underlying ideas through pictorial and verbal expositions, and occasionally by straightforward mathematical models. To supplement the intuitive and formal presenting styles utilized throughout, extensive uses of numerical examples, including the use of real data for illustrative purposes, are used on multiple occasions.
Please take note that the ‘Derivatives: Principles and Practice 2e' PDF is the only thing that is included here. This purchase does not come with any online codes pre-bundled or incorporated in any way.