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Black-Scholes and Beyond: Option Pricing Models Condition:Like New This book explains how theAn unprecedented book on option pricing! For the first time, the basics on modern option pricing are explained ``from scratch'' using only minimal mathematics. Market practitioners and students alike will learn how and why the Black Scholes equation works, and what other new methods have been developed that build on the success of Black Shcoles. The Cox Ross Rubinstein binomial trees are discussed, as well as two recent theories of option the Derman