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Palgrave Macmillan

Absence of Arbitrage Valuation

A Unified Framework for Pricing Assets and Securities

  • Book
  • © 2014

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Table of contents (9 chapters)

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About this book

Absence of Arbitrage Valuation presents a unified asset pricing strategy through absence of arbitrage and applies this framework to such disparate fields as fixed income security pricing, foreign exchange spots, and forward rates.

Reviews

"Absence of Arbitrage Valuation provides a simple yet comprehensive approach to asset pricing and valuation based on absence of arbitrage arguments. The text starts out by presenting the most basic valuation and asset pricing models and progresses to discussing more complicated financial instruments and real investment projects. The book will be of much use to practitioners as well as students and academics who seek a carefully explained yet hands-on approach to valuation."

-Sumru Altug, Koc University and CEPR, author of Asset Pricing for Dynamic Economies (2008)

About the author

Paskalis Glabadanidis is Senior Lecturer in Finance at the University of Adelaide.

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