Financial Mathematics: A Study Guide for Exam FM

Financial Mathematics: A Study Guide for Exam FM

<i>Financial Mathematics: A Study Guide for Exam FM</i> is more than just a study guide. It is a textbook covering all of the essentials you will need to pass the Society of Actuaries' Exam FM. It covers:<br> <ul> <li>the theory of interest</li> <li>annuities and other structured cash flows</li> <li>loans and bonds</li> <li>financial derivatives, including futures, swaps, and options</li> <li>asset-liability management</li> </ul> <i>Financial Mathematics </i>includes 150 problems and solutions, helpful hints and exam tips, and a challenging, realistic practice exam, so that you can be confident that you have mastered the syllabus. Financial Mathematics will be the foundation of your exam success.