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Theory of Interest / Edition 2
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Barnes and Noble
Theory of Interest / Edition 2
Current price: $160.65
Barnes and Noble
Theory of Interest / Edition 2
Current price: $160.65
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The new and improved third edition of The Theory of Interest is significantly revised and expanded from previous editions. The text covers the basic mathematical theory of interest as traditionally developed. The book is a thorough treatment of the mathematical theory and practical applications of compound interest or mathematics of finance. The popular pedagogical approach remains the focal point for this text as the narrative emphasizes both the importance of conceptual understanding and the ability to apply the techniques to practical problems.
New Features: Expanded coverage in a number of areas, including three new chapters devoted to: the term structure of interest rates; duration, convexity and immunization; and options and other derivatives. Computational approaches in the third edition have been modernized to reflect the widespread availability of calculators with exponential logarithmic capability, including those with built-in financial functions. 545 end-of-chapter exercises-Each exercise is intended to illustrate a somewhat different point to keep the number of repetitious exercises to a minimum.
New Features: Expanded coverage in a number of areas, including three new chapters devoted to: the term structure of interest rates; duration, convexity and immunization; and options and other derivatives. Computational approaches in the third edition have been modernized to reflect the widespread availability of calculators with exponential logarithmic capability, including those with built-in financial functions. 545 end-of-chapter exercises-Each exercise is intended to illustrate a somewhat different point to keep the number of repetitious exercises to a minimum.