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An Introduction to the Mathematics of Finance J J McCutcheon (Professor Emeritus, Heriot-Watt University)

An Introduction to the Mathematics of Finance By J J McCutcheon (Professor Emeritus, Heriot-Watt University)

An Introduction to the Mathematics of Finance by J J McCutcheon (Professor Emeritus, Heriot-Watt University)


$24.99
Condition - Very Good
5 in stock

An Introduction to the Mathematics of Finance Summary

An Introduction to the Mathematics of Finance by J J McCutcheon (Professor Emeritus, Heriot-Watt University)

There is a concise but thorough treatment of the basic compound interest functions, nominal rate of interest, and the yield (or internal rate of return) and there are many examples on discounted cash flow. Also discussed are applications of the theory to capital redemption policies (with allowance for income tax, capital gains tax and index-linking), and consumer credit calculations. The final chapter provides a simple introduction to stochastic interest rate models.

Table of Contents

Preface; Theory of interest rates; The basic compound interest functions; Nominal rates of interest: annuities payable pthly; Discounted cash flow; Capital redemption policies; The valuation of securities; Capital gains tax; Cumulative sinking funds; Yield curves, discounted mean terms, matching, and immunization; Consumer credit; An introduction to stochastic interest rate models; Index.

Additional information

GOR002866492
9780750600927
0750600926
An Introduction to the Mathematics of Finance by J J McCutcheon (Professor Emeritus, Heriot-Watt University)
Used - Very Good
Hardback
Elsevier Science & Technology
19890121
480
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us

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