{"product_id":"interest-rate-modeling","title":"Interest Rate Modeling","description":"Containing many results that are new, or which exist only in recent research articles,Interest Rate Modeling: Theory and Practice, 2nd Edition \u0026amp;ltportrays 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.Features\u003cul\u003e   Presents a complete cycle of model construction and applications, showing readers how to build and use models  Provides a systematic treatment of intriguing industrial issues, such as volatility and correlation adjustments  Contains exercise sets and a number of examples, with many based on real market data  Includes comments on cutting-edge research, such as volatility-smile, positive interest-rate models, and convexity adjustment\u0026amp;lt  New 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\/ul\u003e","brand":"Taylor \u0026 Francis","offers":[{"title":"Default Title","offer_id":44555946590446,"sku":"9780815378914","price":181.22,"currency_code":"AUD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0630\/9612\/7726\/files\/9780815378914.jpg?v=1703535573","url":"https:\/\/bookland.com.au\/products\/interest-rate-modeling","provider":"Book Land AU","version":"1.0","type":"link"}