Mathematics of investment and credit /
Samuel A. Broverman
- Sixth Edition
- Unites States of America : ACTEX Publications, Inc., c2015
- xii, 580 pages ; 23 cm.
Includes bibliographical references and index.
1. Interest rate measurement -- 2. Valuation of annuities -- 3. Loan repayment -- 4. Bond valuation -- 5. Measuring the rate of return of an investment -- 6. The term structure of interest rates -- 7. Cashflow duration and immunization -- 8. Additional topics in finance and investment -- 9. Advanced topics in equity investments and financial derivatives -- 10. Options .
This text is a through treatment of the theory of interest, and its application to a wide variety of financial instruments. It emphasizes a direct-calculation approach to reaching numerical results, and uses a gentle, thorough pedagogical style .