MATH 38100 Discrete Models of Financial Mathematics
Definitions of options and exotic options on stocks, interests rates and indices; binomial trees; volatility and methods to estimate volatility; continuous models and Black-Scholes; hedging; bond models and interest rate options; spreadsheet methods and computational methods including difference methods and Monte Carlo simulations.
Prerequisite
A grade of C or higher in MATH 20200 or
MATH 21200 or placement by the Department.
Contact Hours
3 hr./wk.
Offered
Fall only