300-203 Financial Mathematics I

Subject information

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300-203 Financial Mathematics I
Credit Points	12.5
HECS Band	2
Coordinator	R.M. Fitzherbert
Prerequisites	620-121 Mathematics A (Advanced) or 620-141 Mathematics A.
Semester	1 (view timetable)
Contact	Two 1-hour lectures and a 1-hour tutorial per week
Subject Description	Topics include compound interest functions; valuation of a series of payments, including where the cash flows and/or the force of interest are continuous functions of time; equations of value; loans repayable by instalments; characteristics of major asset types; and discount valuation of fixed interest securities, ordinary shares and property, including effects of tax.
Assessment	A 2-hour end-of-semester examination (70%) and three assignments totalling not more than 4500 words (30%).

Search : Index : Faculty of Economics and Commerce : Actuarial studies
Prev 300-101 Introduction to Actuarial Studies
Next 300-204 Financial Mathematics II

Status:                   Official 2003
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