By providing a solid theoretical basis, this textbook introduces modern finance to readers, including students in science and technology, who already have a good foundation in quantitative skills. It combines the classical, decision oriented approach and the traditional organization of corporate...

This textbook emphasizes the applications of statistics and probability to finance. Students are assumed to have had a prior course in statistics, but no background in finance or economics. The basics of probability and statistics are reviewed and more advanced topics in statistics, such as...