Slides from "Arcones manual for Exam FM".
Basic Interest Theory
Accumulation function
.
Simple interest
Compounded interest
Present value and discount
Nominal rates of interest and discount
Force of interest
Cashflows
Cashflows
Method of equated time
Yield rates
Dollar-weighted and time weighted rates of return
Investment and portfolio methods
Continuous payments cashflows
Annuities
Geometric series
Level payment annuities
Level payment perpetuities
Non-level payment annuities and perpetuities: geometric, increasing, decreasing
Continuous annuities
Amortization and sinking bonds
Amortization schedules
Sinking funds
Reinvestment
Bonds
Securities
Price of a bond
Book value and amortization scheduless
Book value between coupon payments dates
Callable bonds
More securities
Variable interest rates and portfolio insurance
Inflation
Arbitrage
Term structure of the interest rates
Duration, convexity
Asset-liability management
Derivatives markets
Derivatives markets
Forwards
Futures
Call options
Put options
Put-call parity
Equity linked CD's
Spreads
Risk Management
Swaps