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Nov 27, 2024
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MATH 095 - Financial MathematicsSemester Hours: 3
Fall
An examination of the mathematics relevant to such financial matters as interest rate measurement and time value of money, valuation of annuities, loan repayment, bond valuation, rate of return of an investment, term structure of interest rates, cash-flow duration and immunization, and the dividend discount model of stock valuation. This course, along with MATH 157 , will be especially useful for students planning to take the Society of Actuaries’ Exam FM and Casualty Actuarial Society’s Exam 2.
Prerequisite(s)/Course Notes:
MATH 072 . May not be taken on a Pass/D+/D/Fail basis.
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