A very simple introduction to stochastic calculus and to Black and Scholes' theory of option pricing is:
Elementary Stochastic Calculus With Finance in View by Thomas Mikosch
If you have a strong mathematical background and want a more sophisticated introduction, a very good choice would be:
Stochastic Calculus and Financial Applications by J. Michael Steele
The mathematical theory of stochastic integrals, i.e. integrals where the integrator function is over the path of a stochastic, or random, process. Brownian motion is the classical example of a stochastic process. It is widely used to model the prices of financial assets and is at the basis of Black and Scholes' theory of option pricing.
Six months
Mustafa Karakul has written: 'Combined pricing and procurement decisions in stochastic inventory control theory'
There are many derivative contracts that are contained within options pricing contracts. A few examples include over-the-counter derivatives and exchange-traded derivatives.
Wulin Suo has written: 'Essays on derivative pricing models'
Anders B. Trolle has written: 'Unspanned stochastic volatility and the pricing of commodity derivatives' -- subject(s): Econometric models, Petroleum industry and trade
Market penetration pricing is a pricing strategy that many companies use to enter a competitive market. Market penetration pricing is usually very low and coupled with consumer incentives to gather market share. This method if done on a massive scale can cause falling costs industry wide thus allowing further penetration by further allowing the reduction of introductory prices.
JEAN-PHILIPPE BOUCHAUD has written: 'THEORY OF FINANCIAL RISK AND DERIVATIVE PRICING: FROM STATISTICAL PHYSICS TO RISK MANAGEMENT'
Manuel Ammann has written: 'Credit risk valuation' -- subject(s): Credit, Credit ratings, Management, Risk management 'Pricing derivative credit risk' -- subject(s): Derivative securities, Prices, Mathematical models, Credit, Risk
Ambar Sengupta has written: 'Pricing Derivatives (McGraw-Hill Library of Investment and Finance)' 'Gauge theory on compact surfaces' -- subject(s): Stochastic geometry, Mathematical physics, Quantum field theory, Topology
A) Don't subscribe to their servicesB) When/If you do subscribe, you will be given some lower-than-normal introductory rate for a defined amount of time. Once that time is expired, phone in to cancel your services. You will be transferred to an "account specialist". Complain about the high prices, and they usually will lower your rate back to the introductory pricing. Repeat as necessary.
The EIBOR rate is the Emirates Interbank Offered Rate The rate is used by many, primarily by Investment and Retail banks, for example, pricing and structuring Interest Rate Derivative products