MATH 424
Mathematical Interest Theory
This course covers interest theory and its application to valuation of monetary deposits, annuities, loans, and bonds. Interest compounding and payments may be discrete or continuous. Other topics include yield rates, spot rates, forward rates, duration, convexity, immunization, and asset-liability matching.
Topics
- yield rates
- spot rates
- forward rates
- duration
- convexity
- immunization
- and asset-liability matching
Topics explicitly listed in official catalogue description
Prerequisites & course information
MATH 205, 215, 255, or 285 or permission of instructor. (3). (BS). May not be repeated for credit.
Sources
- Course catalogue ↗2026-2027
- Catalogue entry ↗
Catalogue variants
- Mathematical Interest Theory · 3 · Graduate credit