An Introduction to the Mathematics of Finance

J J McCutcheon (Professor Emeritus, Heriot-Watt University)

ISBN 10: 0750600926 / ISBN 13: 9780750600927

Published by Elsevier Science & Technology, United Kingdom, Oxford, 1989

There is a concise but thorough treatment of the basic compound interest functions, nominal rate of interest, and the yield (or internal rate of return) and there are many examples on discounted cash flow. Also discussed are applications of the theory to capital redemption policies (with allowance for income tax, capital gains tax and index-linking), and consumer credit calculations. The final chapter provides a simple introduction to stochastic interest rate models. The book has been read, but is in excellent condition. Pages are intact and not marred by notes or highlighting. The spine remains undamaged. Seller Inventory # GOR002866492

Synopsis:

There is a concise but thorough treatment of the basic compound interest functions, nominal rate of interest, and the yield (or internal rate of return) and there are many examples on discounted cash flow. Also discussed are applications of the theory to capital redemption policies (with allowance for income tax, capital gains tax and index-linking), and consumer credit calculations. The final chapter provides a simple introduction to stochastic interest rate models.

Bibliographic Details

Title: An Introduction to the Mathematics of Finance
Publisher: Elsevier Science & Technology, United Kingdom, Oxford
Publication Date: 1989
Binding: Paperback
Condition: Very Good