The theory of interest / Stephen G. Kellison.
Material type:
TextPublication details: New York : McGraw-Hill, 2009.Edition: 3rdDescription: xvi, 643 p; 23 cmContent type: - Text
- Unmediated
- Volume
- 978-0-07-127627-6
- 332.8 K28t
| Item type | Current library | Call number | Status | Barcode | |
|---|---|---|---|---|---|
Books
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FEU - Cavite Higher Education HED Library | 332.8 K28t (Browse shelf(Opens below)) | Available | HED3796 |
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Includes index
English
The measurement of interest -- Solution of problems in interest -- Basic annuities -- More general annuities -- Amortization schedules and sinking funds -- Bonds and other securities -- Yield rates -- Practical applications -- More advanced financial analysis -- The term structure of interest rates -- Duration, convexity, and immunization -- Stochastic approaches to interest -- Options and other derivatives.
Covers the basic mathematical theory of interest as traditionally developed. This book offers a treatment of the mathematical theory and practical applications of compound interest, or mathematics of finance. It emphasizes both the importance of conceptual understanding and the ability to apply the techniques to practical problems.
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