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Mathematics and Finance
Mathematics and Finance

Author(s): Maria Kudelcikova
Subject(s): Methodology and research technology, Financial Markets, Accounting - Business Administration
Published by: Žilinská univerzita v Žilině
Keywords: mathematics; finance; interest rate; yield to maturity; linear interpolation;

Summary/Abstract: This article presents how mathematical tools can be used in finance. It also shows some interconnections among several parts of mathematics as mathematical analysis, numerical analysis and financial mathematics. Linear interpolation is used to calculate unknown interest rate in various parts of financial mathematics.

  • Issue Year: 12/2010
  • Issue No: 3
  • Page Range: 61-65
  • Page Count: 5
  • Language: English