Mathematics of investment and credit
By: Samuel A. Broverman, ASA, Ph.D., University of Toronto
Edition: Sixth Edition.
Series: Actex academic series
Publisher: ACTEX Publications, Inc.
Published: 2015
Place of publication: Winsted, CT
Language: eng
ISBN-13: 9781625424853
Subjects: Mathematical models; Problems, exercises; Interest
Description: "This text is a through treatment of the theory of interest, and its application to a wide variety of financial instruments. It emphasizes a direct-calculation approach to reaching numerical results, and uses a gentle, thorough pedagogical style"--
Notes: Includes bibliographical references and index.
Table of contents: title: Interest rate measurement; title: Valuation of annuities; title: Loan repayment; title: Bond valuation; title: Measuring the rate of return of an investment; title: The term structure of interest rates; title: Cashflow duration and immunization; title: Additional topics in finance and investment; title: Forwards, futures, swaps, and options; title: Answers to selected exercises; title: Bibliography; title: Index.