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. CC/GS: Partial Fulfillment of Science Requirement.

Course
Number
Call Number/
Section
Days & Times/
Location
Instructor Enrollment
Spring 2015 :: STAT W4840
STAT
4840
24399
001
Th 6:10p - 8:40p
329 PUPIN LABORATORIES
D. Szeto
L. Xu
87 / 100 [ More Info ]
Autumn 2015 :: STAT W4840
STAT
4840
74344
001
Th 6:10p - 8:55p
TBA
D. Szeto 52 / 75 [ More Info ]
STAT
4840
65897
D02
Th 6:10p - 8:55p
ONLINE ONLY
T. Qadir 2 / 75 [ More Info ]