Jun 05, 2026  
2011-2012 Graduate Catalog 
    
2011-2012 Graduate Catalog [Archived Catalog]

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MATH 540 - Mathematics of Finance


An introduction to the fundamental concepts of financial mathematics. Topics include simple and compound interest, annuities, amortization, sinking funds, bonds, stocks, rates of return, term structure of interest rates, cash-flow duration and immunization. Pre-requisite:  STAT 381. Credits: 3


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