Mathematical Interest Theory


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Mathematical Interest Theory gives an introduction to how investments vary over time, and this book provides a solid foundation for readers embarking on actuarial careers. This is done in a mathematically precise manner, but the emphasis is on practical applications and giving the reader a concrete understanding as to why the various relationships should be true. Modern financial topics including arbitrage, options, futures, and swaps are introduced. Along with an understanding of probability,this book provides a solid ...

Mathematical Interest Theory 2009, Mathematical Association of America (MAA), Washington DC

ISBN-13: 9780883857540

2nd edition