Course No:           Act 315

Course Name:      Financial Mathematics

Course Description:      

Time value of money using compound-interest and discounting, interest rates and discount rates for different time periods.

Present values and accumulating values, Equations of values, Compound interest functions.

Project appraisal using discounted cash-flow techniques

Bond valuation, investment valuation, Yield curves, Real returns, Index linked Bonds, Capital gain tax, Consumer credit, Stochastic interest rate Models.

Course Review:

The content of this course includes time value of money using compound interest and discounting, interest rates and discount rates for different time periods, present values and accumulating values, compound interest functions, project appraisal using discounted cash-flow techniques, yield curves, real returns, consumer credit and stochastic interest rate models.