Math 454   -    Financial Mathematics   -    Spring 2025  

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Last update: April 18, 2025 - 6:00 PM
NOTE that this document specifically pertains to Section 1 of the course!
Visit this page frequently for important changes and additions!


Math 454 Announcements

4/18/2025     a. Quiz 6 grades + solutions have been published.
b. Reminder: there will be class on Tue Apr 22
4/17/2025     a. MF 2025-04-15 and HW14 have been published.
b. There will be a quiz this Friday, April 17. If you plan not to attend lecture that day,
send me an email with **WILL NOT COME ON 4/17** in the subject, and I'll count the subsequent quiz double.
4/8/2025     MF 2025-04-08 and HW13 have been published.
4/2/2025     HW12 has been republished with written assignments. Various corrections and additions in Ch.10. Check the addenda!
4/1/2025     a. HW12 has been published. Written assignments will definitely follow.
3/29/2025     a. New MF doc version 2025-03-29 - More corrections and change of symbols(!) in Ch.10
b. HW11 has been published. No written assignments yet!
3/25/2025     Midterm 2 grades have been posted. Solutions have been added to those of Midterm 1.
3/22/2025     HW10 has been published. Many exercises with solutions to practice Itô's formula!
3/20/2025     a. New MF doc version 2025-03-21 - minor fixes only
b. Reminder that midterm 2 will be given Mon 3/24 at 1:25 PM.   •   Scope: ch.5.3 - ch.8.
3/20/2025     Quiz 5 Solutions have been posted.
3/19/2025     Quiz 5 grades have been published. Solutions will come on Thu Mar 20.
2/18/2025     A new formula sheet for midterm 2 and the cover page of the exam can be found at the bottom of the course materials page.
3/15/2025     HW 9 has been published.
3/5/2025     a. Quiz 04 grades and solutions can be found at the usual places.
b. Quiz 05 will be given on Mon Mar 17 or Wed Mar 19.
3/4/2025     a. Quiz 04 grades and solutions can be found at the usual places.
b. Quiz 05 will be given on Mon Mar 17 or Wed Mar 19.
2/26/2025     a. HW 8 has been published.
b. There will not be a quiz this Friday, before the Spring break, but there may be one tomorrow or on Monday, Mar 17.
2/26/2025     HW 7 has been published.
2/25/2025     A link for the midterm 1 Solutions is next to the one for the quiz solutions.
2/24/2025     Midterm 1 grades have been published. Solutions should come tomorrow (2/25)
2/17/2025     HW 6 has been published. Some reading and written assignments finally are about finance!
2/17/2025     Quiz 3 grades + solutions have been published.
2/16/2025     A formula sheet for midterm 1 and the cover page of the exam can be found at the bottom of the course materials page.
2/13/2025     a. HW 5 has been published.
b. Version 2025-02-11 of the MF lecture notes has been published.
2/11/2025     The final exam date has been set. Please see the home or schedule page. Be sure to double-check with the official schedule . If they say something else, then they are right and I am wrong.
2/4/2025     a. Quiz 02 solutions have been added. The link can be found at the bottom of the course materials page
b. HW04 has been published. No written assignments yet
1/31/2025     a. Quiz 02 grades are on BS and, anonymously, on the course site's grades page. They are out of 25 points possible.
b. Selected solutions will be published on the weekend.
1/28/2025     a. HW 3 has been published.
b. Quiz 1 solutions can be found at the bottom of the course materials page
1/26/2025     a. The grades for quiz 1 are published on BS and, anonymously, on the grades page. Note that the scores are out of 25 points, not out of whatever BS tells you.
b. I'll try to publish selected solutions today, but no promises.
1/26/2025     a. Homework 2 has been published.
b. I have published version 2025-01-26 of the MF lecture notes. Discard the older version! Section 2.10 ("Miscellaneou") now contains material on suprema and infima of sets of real numbers.
c. I announced in lecture that I will give quiz 1 on Mon Jan 27 and quiz 2 on Fri Jan 31. Scope for quiz 1: Ch.2.1-2.6 and ch.3.1-3.2.
d. My eyes need a fairly strong contrast so I can read your quizzes and exams. I cannot grade what I cannot read!
I STRONGLY SUGGEST that you write your work with a pen or press real hard when you use a pencil.
1/22/2025     Monday office hours have been changed from 9:40-11:10 AM to 10:00-11:30 AM
1/22/2025     IMPORTANT: Home page and syllabus erroneously gave the location of the course as CW 307 This was wrong. The CORRECT LOCATION is CW 107!
1/18/2025     a. Homework 1 has been published. Reading assignments are due Friday, January 24, 2022; some on Wed, Jan 22!
c. I have published version 2025-01-17 of the MF lecture notes. Discard the older version!
11/25/2024     a. The first lecture will be on Wednesday, January 22. Don't miss it! I will hold my first office hours on Tuesday, January 21.
b. Homework about your math background (see "Homework zero" on the Homework page!) is due by email on Monday, January 27.
c. The first quiz will be administered as early as Monday, January 27.
d. I do not respond to BS (BrightSpace) messages. All written correspondence must be done by email to mfochler@binghamton.edu