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This book can serve as the text for a one-semester course on Monte Carlo simulation. The intended audience is advanced undergraduate students or students on master's programs who wish to learn the basics of this exciting topic and its applications to finance. The book is largely self-contained....
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happens when they stop working.After introducing risk, return, decision making under uncertainty, and traditional discounted … addressing mean variance portfolio optimization, the capital asset pricing model, options, and value at risk (VaR). The author …
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