Financial Mathematics for Actuaries: Updated Edition is an introductory textbook on the mathematics of interest rates. It is written at a level of rigor required of students who major in
actuarial science and prepares them for further analysis of financial instruments. This book emphasizes an intuitive treatment of the mathematics of finance and insurance, with a particular
focus on applications. Students will find many illustrative examples that apply mathematical techniques to financial products and personal financial management.
For this latest updated edition, a whole section in the chapter on bond management has been revised, extended and placed under a new heading called Immunization Strategies.
