2016-2017 Academic Catalog 
    
    Apr 25, 2024  
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2016-2017 Academic Catalog [Archived Catalog]

MATH 515 - Financial Mathematics I

Credits: Three (3)
Prerequisite: MATH 514
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. A presentation of one project is required for the course.
Note: This course is for graduate students only
Cross-listed: ACSC 515
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