Title: Needs more material.
Review: More books are needed on this topic. Perhaps it was Duffie that started this needlessly complicated approach to texts on quantitative finance? Baxter and Rennie attempt to simplify the learning process but their effort remains too terse to be self-contained. Be prepared to have a couple of good references on probability and calculus handy if you don't happen to remember how to perform Erf(x) substitutions and apply DeMoivre-Laplace.Neftci's book is a better place to start this material. He's criticized for too much hand waving but it is an *INTRODUCTORY* text! Though not sufficient, it is far more accessible than other offerings.
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