In the below files are some solutions to the exercises in Steven Shreve’s textbook “Stochastic Calculus for Finance I – The Binomial Asset Pricing Model” (Springer, 2004). The files are grouped by chapter.

I think that Prof. Shreve wrote a really great set of books that are well suited for self-study due to the many hints and intermediate solutions that the end-of-chapter questions provide. Due to copyright reasons, I can only post the solutions but not add the original question to the PDF documents.

**Attachments**

- Solutions to Chapter 2: ShreveIChapter02.pdf
- Solutions to Chapter 3: ShreveIChapter03.pdf
- Solutions to Chapter 5: ShreveIChapter05.pdf