twstedlogic asked:


I am taking a class on mathematical finance (Discrete Time Models in Financial Math). However, the textbook for the class is very brief and barely explains any concepts. What is the best Mathematical finance book I can buy which covers forwards, futures and options, interest rates, managing risk using hedging, binomial and multiple period trees, bond models, numerial methods to price options.

OR are all books on these topics not good? I need a book that explains stuff instead of just stating formulas and stuff.