General Information (Catalog Listing)
01:640:285 Introduction to Interest Theory for Actuarial Science (3)
Compound interest rate theory and application to valuation of financial instruments; measurement of interest; present value; equations of value and yield rates; amortization; annuities; bond valuation; duration; immunization.
Prerequisite: 01:640:251.
Textbook
Stephen Kellison; The Theory of Interest 3rd edition; McGraw-Hill; (text) 2008 (660 pp.); ISBN: 978-0-073-38244-9
Fall 2019 Schedule
This course is offered in the Fall. It was first offered in 2014.




