Financial Securities

by Bernard Dumas and B. Allaz

Published 31 August 1995
Finance is an area that has always been closely linked to theoretical developments. This book provides the basic foundations necessary to understand how three broad classes of securities - stocks, options and bonds - are valued on financial markets, while developing concepts of market equilibrium. The authors take an international view of contempory finance theory and its applications, and aim to bridge the gap between the mathematical and the non-mathematical reader.