2022-2023 Academic Catalog 
    
    Nov 21, 2024  
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2022-2023 Academic Catalog [Archived Catalog]

ACSC 415 - Financial Mathematics

Credits: 3
This course covers the mathematical theory of compound interest with applications to investments and corporate finance. Topics include amortization of loans, price of bonds, amortization of premium, accumulation of discount, duration and convexity of cash flows; constructing an investment portfolio to fully immunize set of liability cash flows; option pricing fundamentals.
Related Courses: ACSC-515
Prerequisite: ACSC-414
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