Title Statements
- Full title :Financial Mathematics For Actuaries (Second Edition)
Edition Statements
- Publication Date:2017.
Publication Statements
- Publisher(s):World scientific Publishing Company
- Place of Publication:Singapore
- Language:eng
- Publication Date:2017.
Notes
10.5 Dynamic Term Structure Model
The Physical Object
- Description:1 online resource (372 pages)
Edition Identifiers
- ISBN:9789813224681, 9813224681
- oclc:on1020687527
Table of Contents
Intro; Contents; About the Authors; Preface to the Second Edition; Lists of Mathematical Symbols; Chapter 1 Interest Accumulation and Time Value of Money; 1.1 Accumulation Function and Amount Function; 1.2 Simple and Compound Interest; 1.3 Frequency of Compounding; 1.4 Effective Rate of Interest; 1.5 Rates of Discount; 1.6 Force of Interest; 1.7 Present and Future Values; 1.8 Equation of Value; 1.9 Summary; Exercises; Chapter 2 Annuities; 2.1 Annuity-Immediate; 2.2 Annuity-Due; 2.3 Perpetuity, Deferred Annuity and Annuity Values at Other Times; 2.4 Annuities under Other Accumulation Methods
2.5 Payment Periods, Compounding Periods and Continuous Annuities2.6 Varying Annuities; 2.7 Term of Annuity; 2.8 Summary; Exercises; Chapter 3 Spot Rates, Forward Rates and the Term Structure; 3.1 Spot and Forward Rates of Interest; 3.2 The Term Structure of Interest Rates; 3.3 Present and Future Values Given the Term Structure; 3.4 Accumulation Function and the Term Structure; 3.5 Interest Rate Swaps; 3.6 Summary; Exercises; Chapter 4 Rates of Return; 4.1 Internal Rate of Return; 4.2 One-Period Rate of Return; 4.3 Rate of Return over Multiple Periods; 4.4 Portfolio Return; 4.5 Short Sales
4.…
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