This book covers valuation of a wide variety of financial assets. It is written in a way that is very simple to understand, yet contains a lot of advanced details. Very highly recommended.
Unfortunately Oxford University Press didn't deliver up to the author standards and I have to complain that the edition is rubbish - after just a few moths of use already a couple of pages have fallen off and other will follow shortly. Its a real shame, as the contents is a perfect reference for both academic and professional work.
Nearly the best textbook in continuous time finance. It is rather concise and straightforward. Any unnecessary technical details are omitted. Especially suitable for non-math major students. However the glue of this book is terrible. I really don't understand how oxford press can do this to such an excellent book.