MATH 3860 - Financial Mathematics

3 hours

The mathematical theory of interest with applications to investments and corporate finance. Topics include present and future values; annuities and variable cash flows; yield rates; amortization schedules; loans; valuation of stocks, bonds and other securities; and the assessment of corporate financial performance using standard financial methods.

Prerequisite(s): MATH 1720 with a C or better, MATH 3680 (may be taken concurrently) and FINA 3770 (may be taken concurrently).