Apr 18, 2024  
College Catalog 2021-2022 
    
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College Catalog 2021-2022 [ARCHIVED CATALOG]

MA 255 - Financial Mathematics

4.00 credits.
This course introduces the mathematical foundations of financial mathematics. Topics include time value of money; annuities; loans; bonds; general cash flows and portfolios; immunization; interest rate swaps; and determinants of interest rates. This course is aimed at students preparing for the Actuarial Examination FM. *Prerequisite(s): MA 121 . Spring semester.