Interest Rates and Coupon Bonds in Quantum Finance

by Belal E. Baaquie

Book Overview

The economic crisis of 2008 has shown that the capital markets need new theoretical and mathematical concepts to describe and price financial instruments. Focusing almost exclusively on interest rates and coupon bonds, this book does not employ stochastic calculus - the bedrock of the present day mathematical finance - for any of the derivations. Instead, it analyzes interest rates and coupon bonds using quantum finance. The Heath-Jarrow-Morton and...

• Format: Hardcover
• Language: English
• ISBN: 0521889286
• ISBN13: 9780521889285
• Release Date: October 2009
• Publisher: Cambridge University Press
• Length: 508 Pages
• Weight: 2.50 lbs.
• Dimensions: 1.1" x 6.7" x 9.7"