How Long to Read Pricing Derivative Securities

How Long Does it Take to Read Pricing Derivative Securities?

It takes the average reader 10 hours and 54 minutes to read Pricing Derivative Securities by T. W. Epps

Assuming a reading speed of 250 words per minute. Learn more

Description

This book presents techniques for valuing derivative securities at a level suitable for practitioners, students in doctoral programs in economics and finance, and those in masters-level programs in financial mathematics and computational finance. It provides the necessary mathematical tools from analysis, probability theory, the theory of stochastic processes, and stochastic calculus, making extensive use of examples. It also covers pricing theory, with emphasis on martingale methods. The chapters are organized around the assumptions made about the dynamics of underlying price processes. Readers begin with simple, discrete-time models that require little mathematical sophistication, proceed to the basic Black-Scholes theory, and then advance to continuous-time models with multiple risk sources. The second edition takes account of the major developments in the field since 2000. New topics include the use of simulation to price American-style derivatives, a new one-step approach to pricing options by inverting characteristic functions, and models that allow jumps in volatility and Markov-driven changes in regime. The new chapter on interest-rate derivatives includes extensive coverage of the LIBOR market model and an introduction to the modeling of credit risk. As a supplement to the text, the book contains an accompanying CD-ROM with user-friendly FORTRAN, C++, and VBA program components.

How long is Pricing Derivative Securities?

Pricing Derivative Securities by T. W. Epps is 644 pages long, and a total of 163,576 words.

This makes it 217% the length of the average book. It also has 200% more words than the average book.

How Long Does it Take to Read Pricing Derivative Securities Aloud?

The average oral reading speed is 183 words per minute. This means it takes 14 hours and 53 minutes to read Pricing Derivative Securities aloud.

What Reading Level is Pricing Derivative Securities?

Pricing Derivative Securities is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Pricing Derivative Securities?

Pricing Derivative Securities by T. W. Epps is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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