Fixed Income Mathematics
eBook - PDF

Fixed Income Mathematics

  1. 366 pages
  2. English
  3. PDF
  4. Available on iOS & Android
eBook - PDF

Fixed Income Mathematics

About this book

Fixed Income Mathematics is an easy-to-understand introduction to the mathematics of common fixed income instruments. This book offers explanations, exercises, and examples without demanding sophisticated mathematics from the reader. Not only does the author use his business and teaching experience to highlight the fundamentals of investment and management decision-making, but he also offers questions and exercises that suggest the applicability of fixed income mathematics. Written for the reader with a general mathematics background, this self-teaching book is suffused with examples that also make it a handy reference guide. It should serve as a gateway to financial mathematics and to increased competence in business analysis. International comparisons are used to illustrate how interest is compounded. This text will be a valuable resource for professional insurance and other actuarials who invest in bonds and who are concerned with inflation, asset-liability management, the time value of money, interest rates, rates of return, risk, and investment income. It will also appeal to MBA students and anyone seeking a general introduction or overview of the subject. * An easy-to-understand introduction to the mathematics of common fixed income instruments * Offers students explanations, exercises, and examples without demanding sophisticated mathematics * Uses international comparisons to illustrate how interest is compounded

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Yes, you can access Fixed Income Mathematics by Robert Zipf in PDF and/or ePUB format, as well as other popular books in Mathematics & Personal Finance. We have over one million books available in our catalogue for you to explore.

Information

Publisher
Academic Press
Year
2003
Print ISBN
9780127817217
eBook ISBN
9780080506555
Topic
Mathematics
Subtopic
Personal Finance
Index
Mathematics

Table of contents

  1. Front Cover
  2. Fixed Income Mathematics
  3. Copyright Page
  4. Contents
  5. Chapter 1. Introduction—Who this Book is for and What it Hopes to Accomplish
  6. Chapter 2. Interest, Its Calculation, and Return on Investment
  7. Chapter 3. Compound Interest
  8. Chapter 4. Present Values
  9. Chapter 5. Annuities Certain
  10. Chapter 6. Bond Price Calculation
  11. Chapter 7. The Future Value (or Amount) of an Annuity
  12. Chapter 8. Accrued Interest
  13. Chapter 9. Discount Yield
  14. Chapter 10. Calculations for Other Securities
  15. Chapter 11. Quotations and Bond Market Reports
  16. Chapter 12. Types of Yields
  17. Chapter 13. Sources of Return, Total Return, and Interest on Interest
  18. Chapter 14. Volatility and Its Measures
  19. Chapter 15. Duration
  20. Chapter 16. Convexity
  21. Chapter 17. The Mathematical Development of Duration, Convexity, and the Equation to Predict New Bond Prices, Given Yield Changes
  22. Chapter 18. Probability and Some Applications to Finance
  23. Chapter 19. The Term Structure of Interest Rates, the Expectations Hypothesis, and Implied Forward Rates
  24. Chapter 20. Variable and Uncertain Cash Flows
  25. Chapter 21. Mortgage-Backed Securities
  26. Chapter 22. Futures Contracts
  27. Chapter 23. Options
  28. Index