{"product_id":"interest-rate-derivatives-von-henry-obeng-tawiah-und-peterson-owusu-junior","title":"Interest Rate Derivatives","description":"\u003cp\u003eThe Heath¿Jarrow¿Morton is used for modelling fixed income markets and has closed form solutions for specific volatilities. The known methods are different such that the approximation of the integral arbitrage-free drift is constructed using Euler-type approach schemes discretization. A Java applet is developed to price a caplet using a different numerical approach based on a functional backward Kolmogorov equation with two proportional volatility models.    Students pursuing financial engineering and interest rate derivative traders can use this book as a manual for pricing instruments, specifically ,caplets and floorlets.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783659253447\"\u003e\u003ch3\u003ePricing Interest Rate Caplets In A Two Factor Heath-Jarrow-Morton Model\u003c\/h3\u003e\u003c\/div\u003e","brand":"Autorenwelt Shop","offers":[{"title":"Softcover - 9783659253447","offer_id":39486501584989,"sku":"9783659253447","price":49.0,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/1f9fab43-9a35-45bd-8d03-e80e5b661dd2.jpg?v=1773381234","url":"https:\/\/shop.autorenwelt.de\/products\/interest-rate-derivatives-von-henry-obeng-tawiah-und-peterson-owusu-junior","provider":"Autorenwelt Shop","version":"1.0","type":"link"}