Financial Mathematics: A Study Guide for Exam FM is more than just a study guide. It is a textbook covering all of the essentials you will need to pass the Society of Actuaries' Exam FM. It covers:
the theory of interest
annuities and other structured cash flows
loans and bonds
financial derivatives, including futures, swaps, and options
asset-liability management
Financial Mathematics includes 150 problems and solutions, helpful hints and exam tips, and a challenging, realistic practice exam, so that you can be confident that you have mastered the syllabus. Financial Mathematics will be the foundation of your exam success.
TitleFinancial Mathematics: A Study Guide for Exam FM