Cash flow models, time value of money and introduction to interest, interest rates, discounting and accumulating, level annuities, more complex annuities, equations of value, loan schedules, investments, project appraisal, practical applications, term structure of interest rates, stochastic interest rate models, arbitrage and forward contracts. -- Course Website
Prerequisites: <br/> 7062 (v.6)<br/> Mathematics 101<br/> <br/> or any previous version<br/> <br/> <br/><br/> <br/> OR<br/><br/> <br/> <br/> 10926 (v.5)<br/> Mathematics 103<br/> <br/> or any previous version<br/> <br/> <br/><br/> <br/> AND<br/><br/> <br/>