Survey of financial derivatives, valuation of derivatives using binomial trees, Black-Scholes-Merton equation, dynamic hedging, Brownian motion and Ito's Lemma.
This course may not be repeated for credit.
Prerequisite(s)
- Actuarial Science 325 and Statistics 321.
Antirequisite(s)
- Credit for Actuarial Science 515 and 539.04 will not be allowed.
SyllabusSections
This course will be offered next in
Winter 2020.