Multiple Interest Rate Analysis

Name: Multiple Interest Rate Analysis
Brand: Palgrave Macmillan
SKU: 9781137372765
Price: 20639 HUF
Availability: InStock

Szerző: Michael J. Osborne

Nyelv:

Kötés: Kemény kötésű

Kiadó: Palgrave Macmillan

Elérhetőség: Beszállítói készleten alacsony példányszámban

Küldés 13-18 napon belül

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Although mathematicians have known about complex numbers as solutions to equations since the sevente...

Információk a könyvről

Szerző

Michael J. Osborne

Nyelv

Angol

Kötés

Könyv - Kemény kötésű

Kiadva

2014

oldal

136

EAN

9781137372765

ISBN

1137372761

Enbook ID

02521346

Kiadó

Palgrave Macmillan

Súly

334

Méretek

227 x 147 x 16

Teljes leírás

Although mathematicians have known about complex numbers as solutions to equations since the seventeenth century, the numbers had few applications until the twentieth century. Today, their applications include mobile phones, satellite navigation, imaging techniques (MRI, PET), and circuit design in computers. Until recently, however, there were few applications of complex numbers to finance. This situation has changed. Multiple Interest Rate Analysis is the study of all interest rates solving the time value of money equation - not only the orthodox rates of conventional economics, but also the unorthodox rates that are complex-valued. The unorthodox rates are employed to convert conventional financial equations containing a single interest rate into 'dual' expressions containing every rate. These dual expressions solve long-standing puzzles and lead to revised conclusions about best practice and sound policy advice in various areas of financial economics, including loan finance, investment appraisal, bond risk management, and capital theory.

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Multiple Interest Rate Analysis

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