MATH 215 - Introduction to Financial Mathematics

4 Hour(s) Credit
Introduction to basic financial mathematics focusing on equivalent rates of interest and their use in discounted cashflow analysis. Topics include annuities, loans, projects, bonds, duration and convexity, the yield curve, and the fundamentals of financial derivatives such as European call and put options.
Four hours per week.
Meets General Education IVB or IVC.
Prerequisites C or better in MATH 160 or equivalent.