Fixed Income Mathematics / Edition 1

Fixed Income Mathematics / Edition 1

by Robert Zipf
     
 

ISBN-10: 0127817212

ISBN-13: 9780127817217

Pub. Date: 05/01/2003

Publisher: Elsevier Science

An introduction to common fixed income instruments and mathematics, this book offers explanations, exercises, and examples without demanding sophisticated mathematics. Not only does the author use his business and teaching experience to highlight the fundamentals of investment and management decision-making, but he also offers questions and exercises that suggest

…  See more details below

Overview

An introduction to common fixed income instruments and mathematics, this book offers explanations, exercises, and examples without demanding sophisticated mathematics. Not only does the author use his business and teaching experience to highlight the fundamentals of investment and management decision-making, but he also offers questions and exercises that suggest the applicability of fixed income mathematics. Written for the reader with a general mathematics background, this self-teaching book is suffused with examples that also make it a handy reference guide. It should serve as a gateway to financial mathematics and to increased competence in business analysis.

• An easy-to-understand introduction to the mathematics of common fixed income instruments
• Offers students explanations, exercises, and examples without demanding sophisticated mathematics
• Uses international comparisons to illustrate how interest is compounded

Product Details

ISBN-13:
9780127817217
Publisher:
Elsevier Science
Publication date:
05/01/2003
Edition description:
New Edition
Pages:
344
Product dimensions:
0.94(w) x 9.00(h) x 6.00(d)

Table of Contents

Introduction; Interest; Compound Interest; Present Value; Annuities Certain; Bond Price Calculation; Future Value of Annuity; Accrued Interest; Discount Securities; Calculations for Other Securities; Quotations; Types of Yields; Sources of Return; Volatility and Its Measures; Duration' Convexity; Calculus Derivation; Probability Applications; Term Structure of Interest Rates; Uncertain and Variable Cash Flows; Mortgage Backed Securities; Futures; Options; Bibliography.

Customer Reviews

Average Review:

Write a Review

and post it to your social network

     

Most Helpful Customer Reviews

See all customer reviews >