Cover -- The Black-Scholes Model -- Title -- Copyright -- Contents -- Preface -- 1 Introduction -- 1.1 Asset dynamics -- Model parameters -- 1.2 Methods of option pricing -- Risk-neutral probability approach -- The PDE approach -- 2 Strategies and risk-neutral probability -- 2.1 Finding the...

Modelling credit risk accurately is central to the practice of mathematical finance. The majority of available texts are aimed at an advanced level, and are more suitable for PhD students and researchers. This volume of the Mastering Mathematical Finance series addresses the need for a course...