ACST851: Mathematics of Finance
Topics include types of interest rate; amortising loans; effect of income and capital gains taxes; discounted cash flow techniques; annuities; bond pricing; simple stochastic interest rate models; unit-pricing systems; yield curves; matching and immunisation; forward rate agreements; replicating portfolios and hedge portfolios. It is assumed that students are able to use spreadsheets.
| Credit Points: | 4 |
| Contact Hours: | -- |
| When Offered: |
D1 - Day; Offered in the first half-year
D2 - Day; Offered in the second half-year |
| Staff Contact: | Mr Jim Farmer |
| Prerequisites: | (ACST601 and ACST603 and ACST604) or admission to MCom or MIB or MEc or MActPrac prior to 2011 |
| Corequisites: | |
| NCCWs: | |
| Unit Designations: | Commerce |
| Assessed As: | Graded |
| Offered By: |
Department of Applied Finance and Actuarial Studies Faculty of Business and Economics |