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Nov 26, 2024
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2008-2009 Academic Catalog [Archived Catalog]
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ACSC 415 - FINANCIAL MATHEMATICS I
Credits: Three
Prerequisite: ACSC 414
This course covers the mathematical theory of compound interest
with applications to investments and corporate finance. Topics
include accumulation of interest in discrete and continuous time,
nominal and effective interest, present and future values,
annuities and variable cash flows, loans, valuation of stocks,
bonds and other securities, and the assessment of corporate
financial performance using standard financial models.
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