Mathematics of Investment and Credit

This text is a thorough treatment of the theory of interest, and its application to a wide variety of financial instruments. It emphasizes a direct-calculation approach to reaching numerical results, and uses a gentle, thorough pedagogic style. This edition expands on the treatments of forward contracts of various types, swaps and financial options and option strategies. The text contains a large number of worked examples and end-of-chapter exercises. The fifth edition includes expanded coverage of forwards, futures, swaps and options. This book has been named as an alternatively acceptable reference for the Society of Actuaries Exam FM and the Casualty Actuarial Society Exam 2. It is also listed in the Course of Reading for the EA-1 examination of the Joint Board for the Enrollment of Actuaries.
ASIN: 1635882214
VSKU: GBV.1635882214.G
Condition: Good
Author/Artist:Samuel A. Broverman
Binding: Paperback
Note: Any images shown are stock photographs and product may differ from what is shown.
Condition Notes: Book has corner edge dings and or scratches and signs of light wear.