Modern Pricing of Interest-Rate Derivatives

Discover the essential insights into the pricing of interest-rate derivatives with Modern Pricing of Interest-Rate Derivatives by renowned authors. Published by Princeton University Press in 2002, this comprehensive hardback edition spans 488 pages and delves into the conceptual foundations of the LIBOR market model. This book expertly discusses the calibration of the model to align with market prices, addressing the feasibility and advisability of achieving simultaneous fitting to multiple market observables. Perfect for finance professionals and students alike, this resource provides a thorough understanding of contemporary pricing strategies in the interest-rate derivatives market. Enhance your knowledge and stay ahead in the financial sector with this indispensable guide.