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Integrated Science 1001X with at least 60% can replace Calculus 1301A/B. The antirequisite listed is Actuarial Science 2053.",{"name":70,"@type":61,"acceptedAnswer":71},"How will lectures and tutorials be delivered?",{"text":72,"@type":64},"Lectures are in-person, with expectations to attend and actively engage. 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Course Information  \nLectures: Mon/Wed/Fri 3:30 – 4:30 pm North Campus Building (NCB) 117  \nTutorials: Mon 5:30 – 6:30 pm Western Science Centre (WSC) 55  \nPrerequisite (s): A minimum mark of 60% in one of Calculus 1501A/B, Numerical and Mathematical Methods 1414A/B, the former Applied Mathematics 1414A/B, the former Applied Mathematics 1413, or a minimum mark of 85% in Calculus 1301A/B. Integrated Science 1001X with a minimum mark of 60% can be used in place of Calculus 1301A/B.  \nUnless you have either the prerequisites for this course or written special permission from the Department of Statistical and Actuarial Sciences to enroll in it, you may be removed from this course in accordance with university policy. This may be done after the add/drop deadline of the academic term, and the course will be marked as withdrawn (WDN) on your academic record. This decision may not be appealed.  \nAntirequisite(s): Actuarial Science 2053  \n2. Instructor Information  \nInstructor: Dr. Douglas Woolford  \nEmail:  [dwoolfor@uwo.ca](dwoolfor@uwo.ca)  \nOffice: Western Science Centre (WSC) 221  \nPhone: 519-661-2111 ext. 88326  \nOffice Hours: As announced in class/on OWL and by appointment.  \nEmail is the best way to contact me. Please use your Western (@ [uwo.ca](uwo.ca)) email address. Emails will typically be responded to within one business day. If emailing to request an appointment outside of office hours, please suggest a few options that are listed in your order of preference.  \n3. Course Syllabus, Schedule, Delivery Mode  \nCalendar Description: Time value of money, accumulation and discount functions, effective rates of interest and discount and present values, as applied to annuities and other financial products, and/or applications including loan repayment schedules and methods.  \nCourse-Level Learning Outcomes  \nThis course is intended to give you an introduction to the underlying formulas and theory regarding interest and interest rates and how they are used in financial calculations. On successful completion, students will be able to perform the following calculations and understand the principles behind them:  \n• Accumulate and discount a single sum of money at either a simple or compound rate of interest or at a rate of discount  \n• Determine an effective rate of interest, given a rate of interest that is compounded more than once a year allowing you to compare various investments  \n• Solve equations of value and recognize the time value of money  \n• Accumulate and discount a series of payments made at regular intervals of time  \n• Determine the rate of return on an investment  \n• Determine the length of time that is required to yield a given rate of return  \n• Accumulate and discount a series of payments where payments are made at regular intervals of time that differ from how frequently interest is compounded  \n• Accumulate and discount a series of payments where the payments vary  \n• Determine loan payments  \n• Determine the outstanding balance of a loan using the amortization and sinking fund methods  \n• Deal with interest that is compounded continuously and payments that are made continuously  \n• Using discounted cash flow analysis and calculating internal rates of return to assist in making business decisions  \n• Determining the rate of return of a fund when deposits and withdrawals are made  \n• Understanding the spot rate, forward rate and how to calculate the price of a stock using the dividend discount model  \nIf time permits:  \n• Calculating the duration, modified duration and convexity of a series of cash flows and be able to use it to approximate the change in the value of a financial asset  \n• Understanding the terminology of cash flow matching and immunization  \nDelivery Mode  \nLectures: This is an in-person course. You are expected to attend lectures and actively engage in learning the material that is","cbCaiivVLzyW0VId","https://ap.wps.com/l/cbCaiivVLzyW0VId","pdf",326051,11,"English","# Course Information\n## Instructor Information\n## Course Syllabus, Schedule, Delivery Mode\n## Important Dates\n## Tentative Schedule","[{\"question\":\"What topics are covered in AS2553A Mathematics of Finance?\",\"answer\":\"The outline includes important dates such as the first day of classes (Sept. 4), the last day to add (Sept. 12), multiple no-class holidays (Sept. 15, Sept. 30, Oct. 13, Nov. 3–9), withdrawal deadline (Dec. 1 with details), and the December examination period (Dec. 11–22).\"},{\"question\":\"What are the prerequisites and antirequisites for the course?\",\"answer\":\"Prerequisites include earning a minimum mark of 60% in specified calculus or numerical methods courses, or a minimum mark of 85% in Calculus 1301A/B. Integrated Science 1001X with at least 60% can replace Calculus 1301A/B. The antirequisite listed is Actuarial Science 2053.\"},{\"question\":\"How will lectures and tutorials be delivered?\",\"answer\":\"Lectures are in-person, with expectations to attend and actively engage. Tutorials are expected to be attended and may use an open format where topics and structure vary week-to-week, including possible help sessions, demonstrations, and assessments such as quizzes/tests.\"}]","AS2553A Mathematics of Finance - Course Outline - Fall 2025 | PDF",1790496051,28]