# MATH 425 - The Mathematics of Contingent Claims - Spring 2019

** Credits 3. 3 Lecture Hours. **

The mathematical theory associated with asset price dynamics; binomial pricing models; Black-Scholes analysis; hedging; volatility smile; implied volatility trees; implied binomial trees. **Prerequisites:** MATH 308; MATH 411, STAT 211 or STAT 414.

### Sections

**This course is not taught in Spring 2019.**