Multiple Interest Rate Analysis

Name: Multiple Interest Rate Analysis
Brand: Palgrave Macmillan
SKU: 9781137372765
Price: 54.1 EUR
Availability: InStock

Autor: Michael J. Osborne

Jazyk:

Väzba: Pevná

Vydavateľ: Palgrave Macmillan

Dostupnosť: Skladom u dodávateľa v malom množstve

Odosielame za 13-18 dní

54.10 €

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

Informácie o knihe

Autor

Michael J. Osborne

Jazyk

Angličtina

Väzba

Kniha - Pevná

Vydalo

2014

Stránok

136

EAN

9781137372765

ISBN

1137372761

Enbook ID

02521346

Vydavateľ

Palgrave Macmillan

Hmotnosť

334

Rozmery

227 x 147 x 16

Kompletný popis

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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