Finance with Monte Carlo by Ronald W. Shonkwiler
English | PDF(Repost),EPUB | 260 Pages | ISBN : 146148510X | 9.5 MB
This text introduces upper division undergraduate/beginning graduate students in mathematics, finance, or economics, to the core topics of a beginning course in finance/financial engineering. Particular emphasis is placed on exploiting the power of the Monte Carlo method to illustrate and explore financial principles. Monte Carlo is the uniquely appropriate tool for modeling the random factors that drive financial markets and simulating their implications.