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2021-2022 Undergraduate Catalog 
    
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2021-2022 Undergraduate Catalog [ARCHIVED CATALOG]

MATH 313: Financial Mathematics for Actuaries

(1 Unit)
MATH 209   or MATH 309   MATH 247  
Introduction to mathematics of financial derivatives in discrete time.  Risk-neutral/arbitrage-free modeling of risky securities including options, forwards, futures, and swaps.  Emphasis on single and multi-period Arrow-Debreu models and discrete-time stochastic processes with applications to actuarial mathematics. Mason