Mathematics of Finance III - Derivative Pricing

3 credits

Covers the pricing of European and American style options on investment vehicles including stocks, currencies, commodities and indices. Methods used include the Black-Scholes and binomial tree and other models. Interest rate models will also be covered. ***Prerequisite: ACSC 216 or MATH 216 and STAT 251 or MATH 251.*** **Corequisite: ACSC 318**