Mathematics

MATH2913Financial Mathematics II3 ch (3C)

Derivatives: cash-and-carry markets, price-discovery markets, expiration date, forwards and futures, options, swaps. The algebraic no-arbitrage concept. Asset prices, returns and payoffs, portfolio. Lattice models, payouts and foreign currencies.

Prerequisites: MATH 1013, MATH 2903 and STAT 1793 (or equivalent).