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Spring 2025
May 09, 2025 |
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| MATH 351 - Mathematics of Finance |
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Mathematical theory of compound interest, force of interest, determinants of interest rates, annuities, equations of value, yield rates, amortization, sinking funds, bonds, duration, convexity, immunization, cash flow matching and interest rate swaps. Prerequisite: C- or better in MATH 165 and MATH 251, or permission of the department chairperson. Prerequisite or parallel: MATH 166.
3.000 Credit hours 3.000 Lecture hours Levels: Undergraduate Schedule Types: Lecture, Study Abroad Mathematical Sciences Department Restrictions: Must be enrolled in one of the following Levels: Undergraduate Graduate Prerequisites: Undergraduate level MATH 165 Minimum Grade of C- and Undergraduate level MATH 251 Minimum Grade of C- and Undergraduate level MATH 166 Minimum Grade of C- |
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