|
Continuously payable
cash flows. Indexation of payments. Stochastic interest rate models.
Term structure of interest rates. Forward contracts.
|
Main textbooks: |
J. McCutcheon, W.
Scott,
An Introduction
to the Mathematics
of Finance,
Heinemann, 1986.
N. Bowers, H.
Gerber, J. Hickman, D. Jones, C. Nesbitt,
Actuarial Mathematics,
2nd ed.,
Society of Actuaries, 1997. |
|
Auxiliary
textbooks: |
S. Kellison,
The
Theory of
Interest,
2nd ed. Irwin, 1991.
M. Butcher, C.
Nesbitt,
Mathematics of Compound
Interest,
Ulrich's
Books, 1971. |
|