MATH 325: The Mathematics of Interest
Course Description
Credits 3.
3 Lecture Hours.The mathematical theory associated with interest; annuities; varying annuities; sinking funds and amortization; coupon bonds; valuation of noncallable bonds; yield to maturity; yield curve; spot rates and forward rates; internal rate of return; duration and convexity; portfolio immunization.Prerequisite:MATHÂ 152orMATHÂ 172.