CONCORDIA UNIVERSITY 
ACTU 256: Mathematics of Finance 
* Final Examination Guide and Notes 2024 
 
- Part 01. Revision Notes 
- Part 02. Sample Final Examination Paper 
- Part 03. Suggested Solutions to Final Exam Paper 
- Part 04. Final Examination - Hints and Tips 
 
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Concordia University - ACTU 256: Mathematics of Finance (Solutions)

C$35.00

ACADEMIC YEAR 2023 - 2024

University	Concordia University
Study Level	Undergraduate
Course Code	ACTU 256
Course Name	Mathematics of Finance
Notes Title	Final Examination Guide and Notes
Format	PDF
Page Length	58

* A comprehensive and easy-to-understand set of notes covering all lecture content and examinable topics for ACTU 256 - Mathematics of Finance at Concordia University. These color-coded notes are organized in a coherent manner, offering vital information about the exam format, its content, and key concepts to focus on during your studies. Concepts and principles are not merely mentioned in passing, but thoroughly explained. You can utilize these notes as a reference to enhance your understanding of the topics, and improve your grades in the final examination. Get yours today & ace the exam with this comprehensive study guide!

- Concordia University's ACTU 256: Mathematics of Finance dives into the world of financial mathematics, covering concepts like measurement of interest (simple, compound), equations of value (including unknowns like time or rate), and various annuity types (basic, continuous, varying). You'll also explore amortization schedules, sinking funds, different types of bonds, and how to analyze their yields. The course even covers modern financial instruments, inflation, and how to manage assets and liabilities in light of fluctuating interest rates.

✔ (Summary) Key Areas of Study:

Measurement of Interest:
- Simple interest
- Compound interest
- Accumulation functions
- Present value
- Effective and nominal rates
- Forces of interest
Equations of Value:
- Basic problem
- Numerical results
- Unknown time
- Unknown rate of interest
Basic Annuities:
- Payments at a different frequency than interest is convertible
- Continuous annuities
- Varying annuities
Amortization Schedules and Sinking Funds:
- Outstanding loan balance
- Varying series of payments
- Continuous payments
Bonds and Other Securities:
- Types of securities
- Price of a bond
- Premium and discount
- Yield rates
- Callable bonds
- Serial bonds
Yield Rates:
- Cash flow analysis
- Reinvestment rates
Applications and Others:
- Modern financial instruments
- Inflation
- Duration
- Immunization
- Asset liability management
- Term structure of interest rates

COURSE CODE	COURSE NAME
ACCO 310	Financial Reporting I
ACCO 320	Financial Reporting II
ACCO 340	Income Taxation in Canada
COMM 215	Business Statistics
COMM 217	Financial Accounting
COMM 222	Organizational Behaviour and Theory
COMM 223	Marketing Management I
COMM 305	Managerial Accounting
COMM 308	Introduction to Finance
COMM 315	Business Law and Ethics
ECON 201	Introduction to Microeconomics
ECON 203	Introduction to Macroeconomics
ECON 221	Statistical Methods I
ECON 222	Statistical Methods II
ECON 301	Intermediate Microeconomic Theory I
ECON 421	Econometrics I
ECON 423	Topics in Applied Econometrics
FINA 385	Theory of Finance I
FINA 395	Theory of Finance II
FINA 411	Portfolio Management
FINA 412	Options and Futures

Concordia University - ACTU 256: Mathematics of Finance (Solutions)

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