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"An introduction to the mathematics of finance : a deterministic approach, offers a highly illustrated introduction to mathematical finance, with a special emphasis on interest rates. This revision of the McCutcheon-Scott classic follows the core subjects covered by the first professional exam required of UK actuaries, the CT1 exam. It realigns the table of contents with the CT1 exam and includes sample questions from past exams of both The Actuarial Profession and the CFA Institute. With a wealth of solved problems and interesting applications, An Introduction to the Mathematics of Finance stands alone in its ability to address the needs of its primary target audience, the actuarial student."

"This book concentrates on discrete derivative pricing models, culminating in a careful and complete derivation of the Black-Scholes option pricing formulas as a limiting case of the Cox-Ross-Rubinstein discrete model. In this edition the material on probability has been condensed into fewer chapters, and the material on the capital asset pricing model has been removed. The mathematics is not watered down, but it is appropriate for the intended audience. Previous knowledge of measure theory is not needed and only a small amount of linear algebra is required. All necessary probability theory is developed throughout the book on a "need-to-know" basis. No background in finance is required, since the book contains a chapter on options. "

"Modern financial mathematics relies on the theory of random processes in time, reflecting the erratic fluctuations in financial markets.This book introduces the fascinating area of financial mathematics and its calculus in an accessible manner geared toward undergraduate students. Using little high-level mathematics, the author presents the basic methods for evaluating financial options and building financial simulations."

"Based on presentations given at the workshop Numerical methods in finance held at the INRIA Bordeaux (France) on June 1-2, 2010, this book provides an overview of the major new advances in the numerical treatment of instruments with American exercises. Naturally it covers the most recent research on the mathematical theory and the practical applications of optimal stopping problems as they relate to financial applications. By extension, it also provides an original treatment of Monte Carlo methods for the recursive computation of conditional expectations and solutions of BSDEs and generalized multiple optimal stopping problems and their applications to the valuation of energy derivatives and assets. The book is geared toward quantitative analysts, probabilists, and applied mathematicians interested in financial applications."

"This book is very easy to read and one can gain a quick snapshot of computational issues arising in financial mathematics. SIAM review (46, 2004). The fourth edition is thoroughly revised and extended. Major revisions concern topics like calibration, Monte Carlo Methods, American options, exotic options and Algorithms for Bermuda Options. New figures, more exercises, more background material make this guide to the world of financial engineering a real must-to-have for everyone working in FE. "

"The latest volume in the Springer Handbooks of Computational Statistics series covers the full range of finance, including the modern class of financial tools, computational efficient algorithms, the pricing of complex products, risk behavior and much more. "

"Many students want an introduction to finance. Those who are quantitatively-oriented learners can benefit in particular from an introduction that puts more emphasis on mathematics and graphical presentations than on verbal descriptions. By illustrating core finance facts and concepts through equations and graphical material, Finance : a quantitative introduction can help people studying business management, marketing, accounting, and other subjects. "

"Tujuan dari tesis ini adalah untuk menganalisis kebijakan deviden suatu perusahaan jika terdapat agency problem dan hambatan pendanaan eksternal dalam porusahaan tersebut. Agency problem merupakan salah satu faktor yang dapat mempengaruhi besamya jumlah deviden yang akan dibayarkan perusahaan, karena untuk mengurangi adanya agency problem, perusahaan biasanya membayar deviden dalam jumlah yang lebih besar. Namun, adanya hambtan pendanaan ekstemal dapat Jasa mempengaruhi kebijakan deviden perusahaan. Perusahaan yang memiliki hambatan dalam mendapatkan pendanaan eksternal, cenderung untuk membayarkan deviden dalarn jumlah yang lebih sedikit agar dapat meningkatkan kemampuan pendanaan internal. Penelitian ini menggunakan model regresi berganda dan 120 sampel dlambil dari perusahaan yang terdatlar di BEl periode 2009. Hasil penelitian ini membuktlkan bahwa pen.tsabaan yang memiliki agency problem akan membayarkan deviden yang lebih tinggi dibandingkan perusabaan lainnya. Penelitian lni juga menemukan bahwa adanya hambatan pendanaan eksternal akan membuat perusahaan yang memiliki agency problem menurunkan jumlah deviden yang akan dibayarkan.

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The objective from this paper is to analyze the dividend payout policy when a firm has both agency problems and external financing constraints Agency problems were assumed have strong effect on dividend payout Mio. This is because company who has agency problem, tend to pay higher payout ratio to reduce tho occurrence of agency problem. However, the occurrence of external financing constraint could also affecting company's dividend payout policy. Company who has external financing constraints tend to pay lower payout ratio to increase the ability of its internal financing. eventhough there is agency problems inside tho company. This research is using multiple regression model and 120 samples which took from companies listed in BEJ on 2009. The result from this research shows that the company who has agency problem will pay higher amount of dividend compare to other companies who do not have agency problem inside. This research also shows that external financing constraints are also affecting the company who has agency problem to reduce its payout ratio and pay less dividend, event though there is agency problem inside the company."