Jul 23, 2024  
Undergraduate Record 2017-2018 
    
Undergraduate Record 2017-2018 [ARCHIVED RECORD]

MATH 4140 - Mathematics of Derivative Securities


This class introduces students to the mathematics used in pricing derivative securities. Topics include a review of the relevant probability theory of conditional expectation and martingales/the elements of financial markets and derivatives/pricing contingent claims in the binomial & the finite market model/(time permitting) the Black-Scholes model. Prerequisites: MATH 3100 or APMA 3100. Students should have a knowledge of matrix algebra.



Credits: 3