MATH 3618: Theory of Interest
Financial transactions involving interest: measurement of interest, force of interest, annuities-certain, introduction to financial derivatives.
Required Textbooks:
- Mathematics of Investment and Credit by Samuel A. Broverman, 7th edition, 2017, ACTEX Publications
- Derivatives Markets by Robert L. McDonald, 3rd edition, 2012, Pearson
Supplementary Textbook: A Basic Course in the Theory of Interest and Derivatives Markets: A Preparation for the Actuarial Exam FM/2 by Marcel B. Finan, 2017