|Module code||IAS 282|
|Faculty||Faculty of Natural and Agricultural Sciences|
Generalised cash-flow model. The time value of money. Interest rates. Discounting and accumulating. Compound interest functions. Equations of value. Project appraisal. Investments. Simple compound interest problems. The ''No Arbitrage'' assumption and forward contracts. Term structure of interest rates. Stochastic interest rate models.
|Service modules||Faculty of Economic and Management Sciences|
|Prerequisites||IAS 211 60%|
|Contact time||3 lectures per week, 1 practical per week|
|Language of tuition||Module is presented in English|
|Academic organisation||Actuarial Science|
|Period of presentation||Semester 2|
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