This book gives a self-contained, intuitive overview of some of the most important topics of finance, such as investment risk, market pricing and market efficiency, arbitrage, hedging, and the pricing and application of financial derivatives.
Alex Backwell is a Senior Lecturer at the African Institute of Financial Markets & Risk Management at the University of Cape Town (South Africa). His research focuses on interest-rate modelling. His work has been published in top finance journals such as the Journal of Banking & Finance and Mathematical Finance.