Fixed Income Mathematics
By Robert Zipf
()
About this ebook
Fixed Income Mathematics is an easy-to-understand introduction to the mathematics of common fixed income instruments. This book offers explanations, exercises, and examples without demanding sophisticated mathematics from the reader. Not only does the author use his business and teaching experience to highlight the fundamentals of investment and management decision-making, but he also offers questions and exercises that suggest the applicability of fixed income mathematics.
Written for the reader with a general mathematics background, this self-teaching book is suffused with examples that also make it a handy reference guide. It should serve as a gateway to financial mathematics and to increased competence in business analysis. International comparisons are used to illustrate how interest is compounded.
This text will be a valuable resource for professional insurance and other actuarials who invest in bonds and who are concerned with inflation, asset-liability management, the time value of money, interest rates, rates of return, risk, and investment income. It will also appeal to MBA students and anyone seeking a general introduction or overview of the subject.
* An easy-to-understand introduction to the mathematics of common fixed income instruments* Offers students explanations, exercises, and examples without demanding sophisticated mathematics
* Uses international comparisons to illustrate how interest is compounded
Robert Zipf
Robert Zipf has more than 30 years experience in the financial field, with such companies as John Hancock Mutual Life Insurance Company, IBM, Merrill Lynch, and AMBAC Indemnity Corporation. For many years, he has led seminars in municipal bonds for entry level professionals, and since 1993 has led seminars on municipal bonds and fixed income mathematics at The FT New York Institute of Finance, now FT Knowledge Financial Learning. Mr. Zipf has written two books, How Municipal Bonds Work, and How the Bond Market Works, Third Edition, and has published articles in several municipal bond related publications. He is a member of The Municipal Bond Club of New York, the American Economic Association, and The Municipal Forum of New York, where he also served as President.
Related to Fixed Income Mathematics
Related ebooks
Advances in Portfolio Construction and Implementation Rating: 3 out of 5 stars3/5The Mathematics of Derivatives: Tools for Designing Numerical Algorithms Rating: 3 out of 5 stars3/5Advanced Fixed Income Analysis Rating: 5 out of 5 stars5/5Mathematical Techniques in Finance: Tools for Incomplete Markets - Second Edition Rating: 0 out of 5 stars0 ratingsAdvanced Derivatives Pricing and Risk Management: Theory, Tools, and Hands-On Programming Applications Rating: 0 out of 5 stars0 ratingsYield Curve Modeling and Forecasting: The Dynamic Nelson-Siegel Approach Rating: 4 out of 5 stars4/5Fixed Income Markets and Their Derivatives Rating: 0 out of 5 stars0 ratingsCorporate Bonds and Structured Financial Products Rating: 5 out of 5 stars5/5Risk Neutral Pricing and Financial Mathematics: A Primer Rating: 0 out of 5 stars0 ratingsFixed Income and Interest Rate Derivative Analysis Rating: 0 out of 5 stars0 ratingsProblems and Solutions in Mathematical Finance: Stochastic Calculus Rating: 4 out of 5 stars4/5Finance: A Quantitative Introduction Rating: 4 out of 5 stars4/5Derivative Instruments: A Guide to Theory and Practice Rating: 5 out of 5 stars5/5Mastering R for Quantitative Finance Rating: 4 out of 5 stars4/5Insider's Guide to Fixed Income Securities & Markets Rating: 5 out of 5 stars5/5An Introduction to Credit Derivatives Rating: 0 out of 5 stars0 ratingsProblems and Solutions in Mathematical Finance, Volume 2: Equity Derivatives Rating: 0 out of 5 stars0 ratingsMulti-Asset Risk Modeling: Techniques for a Global Economy in an Electronic and Algorithmic Trading Era Rating: 5 out of 5 stars5/5Quantitative Equity Investing: Techniques and Strategies Rating: 4 out of 5 stars4/5The Sterling Bonds and Fixed Income Handbook: A practical guide for investors and advisers Rating: 5 out of 5 stars5/5Introduction to R for Quantitative Finance Rating: 4 out of 5 stars4/5Financial Mathematics Rating: 5 out of 5 stars5/5Stochastic Calculus for Quantitative Finance Rating: 0 out of 5 stars0 ratingsMarket Risk Analysis, Quantitative Methods in Finance Rating: 5 out of 5 stars5/5An Introduction to the Mathematics of Financial Derivatives Rating: 5 out of 5 stars5/5Understanding Credit Derivatives and Related Instruments Rating: 5 out of 5 stars5/5Interest Rate Markets: A Practical Approach to Fixed Income Rating: 4 out of 5 stars4/5Value at Risk and Bank Capital Management: Risk Adjusted Performances, Capital Management and Capital Allocation Decision Making Rating: 0 out of 5 stars0 ratingsTrading Fixed Income and FX in Emerging Markets: A Practitioner's Guide Rating: 0 out of 5 stars0 ratings
Personal Finance For You
Summary of The 48 Laws of Power by Robert Greene Rating: 4 out of 5 stars4/5Rich Dad Poor Dad Rating: 5 out of 5 stars5/5Personal Finance For Dummies Rating: 4 out of 5 stars4/5The Intelligent Investor, Rev. Ed: The Definitive Book on Value Investing Rating: 4 out of 5 stars4/5Money Hacks: 275+ Ways to Decrease Spending, Increase Savings, and Make Your Money Work for You! Rating: 4 out of 5 stars4/5Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! Rating: 5 out of 5 stars5/5Legal Loopholes: Credit Repair Tactics Exposed Rating: 4 out of 5 stars4/5Investing For Dummies Rating: 4 out of 5 stars4/5The Psychology of Money: Timeless lessons on wealth, greed, and happiness Rating: 5 out of 5 stars5/5Financial Feminist: Overcome the Patriarchy's Bullsh*t to Master Your Money and Build a Life You Love Rating: 5 out of 5 stars5/5Die With Zero: Getting All You Can from Your Money and Your Life Rating: 4 out of 5 stars4/5Rich Dad's Cashflow Quadrant Rating: 4 out of 5 stars4/5Principles: Life and Work Rating: 4 out of 5 stars4/5The Total Money Makeover: Classic Edition: A Proven Plan for Financial Fitness Rating: 4 out of 5 stars4/5The Four Sacred Secrets: For Love and Prosperity, A Guide to Living in a Beautiful State Rating: 4 out of 5 stars4/5Same as Ever: Timeless Lessons on Risk, Opportunity and Living a Good Life Rating: 4 out of 5 stars4/5Just Keep Buying: Proven ways to save money and build your wealth Rating: 5 out of 5 stars5/5MONEY Master the Game: 7 Simple Steps to Financial Freedom Rating: 4 out of 5 stars4/5The Millionaire Next Door Rating: 4 out of 5 stars4/5Buy, Rehab, Rent, Refinance, Repeat: The BRRRR Rental Property Investment Strategy Made Simple Rating: 5 out of 5 stars5/5The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns Rating: 4 out of 5 stars4/5We Should All Be Millionaires: A Woman’s Guide to Earning More, Building Wealth, and Gaining Economic Power Rating: 4 out of 5 stars4/5Good to Great: Why Some Companies Make the Leap...And Others Don't Rating: 4 out of 5 stars4/5
Reviews for Fixed Income Mathematics
0 ratings0 reviews