{"product_id":"interest-rate-modeling-paperback-softback","title":"Interest Rate Modeling - Paperback \/ softback","description":"\u003cp\u003eContaining many results that are new, or which exist only in recent research articles, \u003cb\u003e\u003ci\u003eInterest Rate Modeling: Theory and Practice, 2nd Edition\u003c\/i\u003e \u003c\/b\u003eportrays the theory of interest rate modeling as a three-dimensional object of finance, mathematics, and computation. It introduces all models with financial-economical justifications, develops options along the martingale approach, and handles option evaluations with precise numerical methods.\u003c\/p\u003e\u003cp\u003eFeatures\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cul\u003e \u003cbr\u003e\u003cbr\u003e\u003cp\u003e\u003c\/p\u003e \u003cli\u003ePresents a complete cycle of model construction and applications, showing readers how to build and use models\u003c\/li\u003e \u003cbr\u003e\u003cbr\u003e \u003cbr\u003e\u003cbr\u003e\u003cp\u003e\u003c\/p\u003e \u003cli\u003eProvides a systematic treatment of intriguing industrial issues, such as volatility and correlation adjustments\u003c\/li\u003e \u003cbr\u003e\u003cbr\u003e \u003cbr\u003e\u003cbr\u003e\u003cp\u003e\u003c\/p\u003e \u003cli\u003eContains exercise sets and a number of examples, with many based on real market data\u003c\/li\u003e \u003cbr\u003e\u003cbr\u003e \u003cbr\u003e\u003cbr\u003e\u003cp\u003e\u003c\/p\u003e \u003cli\u003eIncludes comments on cutting-edge research, such as volatility-smile, positive interest-rate models, and convexity adjustment\u003c\/li\u003e \u003cbr\u003e\u003cbr\u003e \u003cb\u003e\u003c\/b\u003e\u003cp\u003e\u003c\/p\u003e \u003cli\u003eNew to the 2nd edition: volatility smile modeling; a new paradigm for inflation derivatives modeling; an extended market model for credit derivatives; a dual-curved model for the post-crisis interest-rate derivatives markets; and an elegant framework for the xVA.\u003c\/li\u003e \u003c\/ul\u003e","brand":"Taylor \u0026 Francis","offers":[{"title":"Default Title","offer_id":45575521173742,"sku":"9780367656553","price":71.39,"currency_code":"AUD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0630\/9612\/7726\/files\/9780367656553.jpg?v=1720952449","url":"https:\/\/bookland.com.au\/products\/interest-rate-modeling-paperback-softback","provider":"Book Land AU","version":"1.0","type":"link"}