An analysis on the limitations of yield rates and a new approach to the comparison of investment transactions

Date of Publication

1996

Document Type

Bachelor's Thesis

Degree Name

Bachelor of Science in Mathematics

College

College of Science

Department/Unit

Mathematics and Statistics

Abstract/Summary

This study presents a vivid analysis on the limitations on the use of yield rates and further explains the existence of these restrictions. It also discusses the interest preference rate, an alternative approach to comparison of transactions. The limitations of yields showed that yield rate is not sufficient in the comparison of investment transactions. The suggested alternative approach will make the transaction more efficient and easier to compare.All of the formulas stated in the theorems, corrolaries and lemmas in this thesis are results from the paper of S. David Promislow entitled, A New Approach to the Theory of Interest.

Abstract Format

html

Language

English

Format

Print

Accession Number

TU07457

Shelf Location

Archives, The Learning Commons, 12F, Henry Sy Sr. Hall

Physical Description

85 leaves

Keywords

Interest rates; Investment analysis; Investments--Mathematics; Annuities

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