MATH 2FM3 - Introduction To Mathematical Finance

3 unit(s)

Nominal and effective rates of interest and discount, forces of interest and discount, compound interest, annuities certain; amortization, sinking funds, bonds, security evaluation, determination of yields.
Three lectures, one tutorial; one term
Prerequisite(s): One of MATH 1A03, 1LS3, 1M03, 1N03, 1X03, 1Z04, 1ZA3, ARTSSCI 1D06 A/B, ISCI 1A24 A/B
Antirequisite(s): MATH 2K03