Jan 15, 2025  
2020-2021 Winona Undergraduate Catalog 
    
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2020-2021 Winona Undergraduate Catalog [ARCHIVED CATALOG]

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M365 Theory of Interest

3 credit(s)
This course introduces fundamental concepts of financial mathematics.  Topics include: the time value of money, cash flows with non-contingent payments, loans, bonds, project evaluation, duration and convexity, asset-liability matching, interest rate swaps, and determinants of interest rates.  This course may not be sues an an upper-division elective for the mathematics major or minor or the mathematics education major. Prerequisite: M152  


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