| Description |
1 online resource (xiii, 328 pages) : illustrations |
| Physical Medium |
polychrome |
| Description |
text file |
| Summary |
An introduction to common fixed income instruments and mathematics, this book offers explanations, exercises, and examples without demanding sophisticated mathematics. Not only does the author use his business and teaching experience to highlight the fundamentals of investment and management decision-making, but he also offers questions and exercises that suggest the applicability of fixed income mathematics. Written for the reader with a general mathematics background, this self-teaching book is suffused with examples that also make it a handy reference guide. It should serve as a gateway to financial mathematics and to increased competence in business analysis. * An easy-to-understand introduction to the mathematics of common fixed income instruments * Offers students explanations, exercises, and examples without demanding sophisticated mathematics * Uses international comparisons to illustrate how interest is compounded. |
| Contents |
Introduction; Interest; Compound Interest; Present Value; Annuities Certain; Bond Price Calculation; Future Value of Annuity; Accrued Interest; Discount Securities; Calculations for Other Securities; Quotations; Types of Yields; Sources of Return; Volatility and Its Measures; Duration' Convexity; Calculus Derivation; Probability Applications; Term Structure of Interest Rates; Uncertain and Variable Cash Flows; Mortgage Backed Securities; Futures; Options; Bibliography. |
| Bibliography |
Includes bibliographical references and index. |
| Local Note |
eBooks on EBSCOhost EBSCO eBook Subscription Academic Collection - North America |
| Subject |
Fixed-income securities -- Mathematics.
|
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Fixed-income securities -- Mathematics. |
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Fixed-income securities. |
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Rate of return.
|
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Rate of return. |
| Genre/Form |
Electronic books.
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Electronic books.
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| Other Form: |
Print version: Zipf, Robert. Fixed income mathematics. Amsterdam ; Boston : Academic Press, ©2003 0127817212 9780127817217 (DLC) 2003102997 (OCoLC)53276811 |
| ISBN |
9780127817217 |
|
0127817212 |
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9781429495097 (electronic book) |
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142949509X (electronic book) |
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