Program

Updated A.Y. 2016-2017

 Mathematical Finance-Syllabus

 

-Cash Flows

-Investments and  markets

-Basic theory of interest

-Present and future values of streams

-Internal Rate of Return (IRR)

-Net Present Value (NPV)

-Bonds, mortgages, annuties

-Annuities valuation formulas

-Bonds value and Yield to Maturity (YTM)

-Duration and modified duration

-Duration and convexity of a bond portfolio

-Immunization

 

Text: D.Luenberger "Investment Science" Oxford Press