Introduction to financial mathematics

Taťána Funioková

Dnes vráceno


Copies Bound volumes
Loading copies
Document is currently in processing No copies Document has no bound volumes
Citation
Related
All parts
Contents
Contents Preface........................................................... v Contents........................................................ vii 1 Simple Interest and Day-Count Conventions ................... 1 1.1 Motivation and Basic Concepts .......................... 1 1.2 Simple Interest Approach ............................... 2 1.2.1 Application: Certificate of Deposit ............... 7 1.2.2 Application: Savings Account ...................... 8 1.3 Day-Count Conventions .................................. 9 1.4 Discount .............................................. 14 1.4.1 Application: Treasury Bill ....................... 16 1.4.2 Application: Bill of Exchange..................... 19 1.5 Questions and Exercises................................ 21 2 Compound interest .......................................... 25 2.1 Compound Interest Approach............................. 25 2.2 Effective Rate......................................... 31 2.3 Continuous Compounding .................... 32 2.4 Combination of Simple and Compound Interest ........... 36 2.5 Inflation and Taxes ................................... 40 vii viii___________________________________________________________Contents 2.5.1 Real Rate of Interest ............................. 40 2.5.2 Consumer Price Index (CPI)......................... 41 2.5.3 Taxes.............................................. 43 2.6 Questions and Exercises.................................. 44 3 Cash Flows, Net Present Value and Internal Rate of Return .... 51 3.1 Cash Flows .............................................. 51 3.2 Net Present Value........................................ 52 3.3 Internal Rate of Return.................................. 57 3.3.1 Application: Index Fund............................ 62 3.4 Payback Period .......................................... 63 3.5 Questions and Exercises.................................. 66 4 Annuities .................................................... 73 4.1 Basic Annuities.......................................... 73 4.1.1 Ordinary Annuity................................... 74 4.1.2 Annuity Due ....................................... 79 4.1.3 Varying Annuity.................................... 81 4.1.4 Perpetuity ........................................ 82 4.2 General Annuities........................................ 83 4.2.1 Application: A Pension Problem .................... 86 4.3 Questions and Exercises.................................. 87 5 Amortization Schedules ....................................... 93 5.1 Constant Principal and Interest Payments ................ 93 5.2 Varying Payments......................................... 98 5.3 Annual Percentage Rate of Charge ....................... 102 5.4 Questions and Exercises................................. 103 6 Bonds ....................................................... 109 2017 T. Funioková Contents ix 6.1 Bond Valuation Process ...................... HO 6.1.1 Bond Valuation on a Coupon Date.................. Hl 6.1.2 Bond Valuation between two Coupon Dates.......... 120 6.2 Duration .............................................. 129 6.2.1 Application: Bond Portfolio Immunization.......... 135 6.3 Term Structure of Interest Rates ..................... 142 6.4 Questions and Exercises................................ 148 7 Stocks ...................................................... 155 7.1 Stock Valuation Process ............................... 156 7.1.1 Dividend Discount Model .......................... 156 7.1.2 Price/Earnings Model ............................ 158 7.2 Rates of Return........................................ 161 7.3 Risk Valuation Process................................. 164 7.3.1 Application: Stock Price Volatility............... 167 7.4 Stock Portfolio........................................ 169 7.4.1 Application: Two-stock Portfolio Diversification ... 175 7.5 Capital Asset Pricing Model ........................... 179 7.6 Questions and Exercises................................ 183 Bibliography ..................................................... 159 Index ............................................................ 191 Summary........................................................... 197 Introduction to Financial Mathematics
Record Details
MARC
Field Ind Field content
leader -----cam-a22------i-4500
1 kpw01190300
3 CZ-OsVSB
5 20210822092934.5
7 ta
8 171016s2017----xr |||||||||||||||||eng||
20 ## $a 978-80-248-4081-9 $q (brožováno)
40 ## $a OSD002 $b cze $e rda
80 ## $a 336 $2 MRF
80 ## $a 51 $2 MRF
100 1# $a Funioková, Taťána, $d 1977- $4 aut
245 10 $a Introduction to financial mathematics / $c Taťána Funioková
250 ## $a 1. vydání
264 #1 $a Ostrava : $b VŠB-TU Ostrava, $c 2017
300 ## $a 198 stran : $b ilustrace
336 ## $a text $b txt $2 rdacontent
337 ## $a bez média $b n $2 rdamedia
338 ## $a svazek $b nc $2 rdacarrier
490 1# $a Series of economics textbooks, Faculty of Economics, VŠB-TU Ostrava ; $v 2017, vol. 28
500 ## $a Na obálce nad názvem: VŠB Technical University of Ostrava, Faculty of Economics
504 ## $a Obsahuje bibliografii, bibliografické odkazy a rejstřík
650 #4 $a Finanční matematika
655 #4 $a učební texty
710 2# $a Vysoká škola báňská - Technická univerzita Ostrava. $b Ekonomická fakulta $4 pbl
830 #0 $a Series of economics textbooks (VŠB-TU Ostrava, Faculty of Economics)
910 ## $a OSD002 $b 290752
1260 $a VŠB - Technická univerzita Ostrava
Loan history
{{$parent.item.borrowDate | jpDate:'d.M.yyyy'}}
{{$parent.item.endDate | jpDate:'d.M.yyyy'}}
{{$parent.item.state | loc}} by user {{$parent.item.user | loc}}
Item {{$parent.item.exemplar | loc}}
Dept {{$parent.item.department | loc}}
Processing history
Permanent link