Financial maths: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Update.) |
imported>Doug Williamson (Standardise page layout.) |
||
| Line 10: | Line 10: | ||
This is essential in practice because so many real life assumptions are unstated, unrecognised, and expensively or dangerously wrong. | This is essential in practice because so many real life assumptions are unstated, unrecognised, and expensively or dangerously wrong. | ||
| Line 35: | Line 30: | ||
* [[Swap points]] | * [[Swap points]] | ||
* [[Value at risk]] | * [[Value at risk]] | ||
=== Other resources === | |||
[[Media:FMM_The_Treasurer_to_Nov_2015.pdf| Financial maths student articles in The Treasurer]] | |||
[[Category:The_business_context]] | |||
Revision as of 19:48, 7 October 2018
Financial maths is the systematic and quantified analysis of:
- Financial instruments
- Financial risk
- Corporate value and
- The fundamentally important relationships between them.
The most important benefit of working with these tools is developing the skill to identify assumptions, and the confidence to challenge them.
This is essential in practice because so many real life assumptions are unstated, unrecognised, and expensively or dangerously wrong.
See also
- Annuity factor
- Capital asset pricing model
- Cross-currency interest rate swap
- Day count conventions
- Discount rate
- Dividend valuation model
- Foreign exchange forward contract
- Four way equivalence model
- Interest rate parity
- Internal rate of return
- LIBOR
- MCT
- Present value
- Real option
- Rounding
- Swap points
- Value at risk
