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STAT 2660 [0.5 credit] Mathematics for Finance (Honours)

Interest rates, growth of money, discount functions, yield rates, time value of money, annuities, cash flows and portfolios, loans, mortgages, bonds, immunization, swaps, hedging and investment strategies, stocks and financial markets, arbitrage.
Prerequisite(s): i) one of MATH 2052 or MATH 2007 or MATH 1005, grade of C+ or higher; and ii) one of MATH 1152 or MATH 1107 or MATH 1104, grade of C+ or higher; or permission of the School.
Lectures three hours a week, tutorial one hour a week.