Title
Mathematics of Investment and Credit, 5th Edition (ACTEX Academic Series),Used
Processing time: 1-3 days
US Orders Ships in: 3-5 days
International Orders Ships in: 8-12 days
Return Policy: 15-days return on defective items
Payment Option
This text is a thorough treatment of the theory of interest, and its application to a wide variety of financial instruments. It emphasizes a directcalculation approach to reaching numerical results, and uses a gentle, thorough pedagogic style. This edition expands on the treatments of forward contracts of various types, swaps and financial options and option strategies. The text contains a large number of worked examples and endofchapter exercises. The fifth edition includes expanded coverage of forwards, futures, swaps and options. This book has been named as an alternatively acceptable reference for the Society of Actuaries Exam FM and the Casualty Actuarial Society Exam 2. It is also listed in the Course of Reading for the EA1 examination of the Joint Board for the Enrollment of Actuaries.
⚠️ WARNING (California Proposition 65):
This product may contain chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm.
For more information, please visit www.P65Warnings.ca.gov.
- Q: How many pages does this book have? A: This book has one hundred sixty-one pages. It provides a comprehensive exploration of the theory of interest and financial instruments.
- Q: What is the binding type of this book? A: This book is paperback bound. The paperback format makes it lightweight and portable for readers.
- Q: Who is the author of this book? A: The author is ASA Samuel A. Broverman PhD. He brings extensive knowledge and expertise in finance and actuarial science.
- Q: What subjects does this book cover? A: This book covers subjects related to investment and credit. It specifically focuses on financial instruments and their applications.
- Q: Is this book appropriate for beginners? A: Yes, this book is suitable for beginners. Its gentle pedagogic style makes complex concepts accessible to new learners.
- Q: What kind of exercises does this book include? A: This book contains numerous worked examples and end-of-chapter exercises. These help reinforce the material and enhance understanding.
- Q: How should I store this book? A: Store this book in a cool, dry place away from direct sunlight. Proper storage will help maintain its condition over time.
- Q: Can this book be used for exam preparation? A: Yes, this book is listed as an acceptable reference for the Society of Actuaries Exam FM. It is also suitable for the Casualty Actuarial Society Exam 2.
- Q: Is there a warranty with this book? A: No, this book does not come with a warranty. However, check the seller's return policy for any issues upon receipt.
- Q: Does this book cover advanced topics? A: Yes, it includes advanced topics like forward contracts, swaps, and options. This edition expands significantly on these subjects.
- Q: Is this book suitable for professional use? A: Yes, it is suitable for professionals in actuarial science and finance. Its detailed content can serve as a valuable reference.
- Q: What can I expect to learn from this book? A: You can expect to learn about the theory of interest and its application to various financial instruments. The text emphasizes practical calculation methods.
- Q: How does this book approach teaching? A: This book uses a direct-calculation approach for teaching. It aims to help readers achieve numerical results through clear explanations.
- Q: Is this edition updated? A: Yes, this is the fifth edition, which includes expanded coverage of several financial instruments. It reflects current practices in finance.
- Q: What is the target audience for this book? A: The target audience includes students and professionals in finance and actuarial science. It is beneficial for anyone interested in investment theory.