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Hand-in assignment Project assignment on Mathematics of Finance 1p Due March 31, 2019 5 SH Exercise 1 Explain shortly what mathematics of finance is. Use relevant concepts. Math of finance is when its necessary to apply mathematics in order to solve financial problems. Math of finance is also known as quantitative finance, and is a concept that’s been under development for years upon years. The sophisticated mathematical models and strategies were damaged heavily, credibility wise, when the financial crisis hit (2007-2010) Great and well known mathematician Nassim Taleb, deemed the then, national as well as global financial models completely irrelevant
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