2012-2013 Academic Catalog 
    
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2012-2013 Academic Catalog [Archived Catalog]

ACSC 515 - FINANCIAL MATHEMATICS I

Credits: Three
Prerequisite: ACSC 514, ACSC Graduate students only
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.
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