STAT W4840x Theory of Interest 3 pts. Prerequisites: MATH V1101 or the equivalent. Introduction to the mathematical theory of interest as well as the elements of economic and financial theory of interest. Topics include rates of interest and discount; simple, compound, real, nominal, effective, dollar (time)-weighted; present, current, future value; discount function; annuities; stocks and other instruments; definitions of key terms of modern financial analysis; yield curves; spot (forward) rates; duration; immunization; and short sales. The course will cover determining equivalent measures of interest; discounting; accumulating; determining yield rates; and amortization.

Course
Number
Call Number/
Section
Days & Times/
Location
Instructor Enrollment
Spring 2014 :: STAT W4840
STAT
4840
13153
001
Tu 6:10p - 8:40p
503 HAMILTON HALL
D. Szeto 46 / 75 [ More Info ]
Autumn 2014 :: STAT W4840
STAT
4840
27635
001
Tu 6:10p - 8:40p
TBA
D. Szeto 12 / 75 [ More Info ]