Mathematics of Investment and Credit

First chapter of the seventh edition of Mathematics of Investment and Credit by Samuel A. Broverman. Interest rate measurement -- Valuation of annuities -- Loan repayment -- Bond valuation -- Measuring the rate of return of an investment -- The term structure of interest rates -- Cashflow duration and immunization -- Additional topics in finance and investment -- Forwards, futures, swaps, and options -- Answers to selected exercises -- Bibliography -- Index "Provides a thorough treatment of the theory of interest, and its application to a wide variety of financial instruments. It emphasizes a direct-calculation approach to reaching numerical results, and uses a gentle, thorough pedagogic style"-- Provided by publisher "Provides a thorough treatment of the theory of interest, and its application to a wide variety of financial instruments. It emphasizes a direct-calculation approach to reaching numerical results, and uses a gentle, thorough pedagogic style"--Résumé de l'éditeur