The Theory of Interest(3版)

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1.Expanded coverage of capital budgeting takes place in Chapter 7 with the introduction of several new techniques that correspond with this topic. Discussion of short sales has also been expanded and repositioned into Chapter 7.

2.New topics added: Leasing as an alternative to traditional loan financing, with particular emphasis on automobile leasing has been added to Chapter 8.

3.Two new chapters: Chapters 10 and 11 are two new chapters that are included in the third edition. Chapter 10 covers the term structure of interest rates with expanded consideration of spot rates, forward rates, relationship with bond yields, and a section with detailed discussion of arbitrage. Chapter 11 covers important techniques in the management of assets and liabilities, such as duration, convexity, and immunization.

4.Computational approaches in the third edition have been modernized to reflect the widespread availability of calculators with exponential logarithmic capability, including those with built-in financial functions. The importance of the mastery of basic concepts techniques are stressed throughout the text which enable students to gain knowledge about the importance of calculators.

5.End of chapter exercises have expanded to 545. Each exercise is intended to illustrate a somewhat different point to keep the number of repetitious exercises to a minimum.

6.New chapter appendices contain such items as the more complex derivations, extended results of interest but not fundamental and additional formulas and techniques.

7.The basic mathematical theory of interest is covered in the first seven chapters as traditionally developed.

8.The pedagogical approach from the previous edition has been retained as the textbook narrative still emphasizes both the importance of conceptual understanding and the ability to apply the techniques to practical problems.

9.A working knowledge of calculus is required, since the continuous nature of interest is recognized throughout the book.

10.Economic and financial theory of interest is still covered in the third edition on Chapters 9 through 13.

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作者： Kellison

新功能介紹
出版社：華泰文化

新功能介紹
出版日期：2013/12/11
語言：英文

商品網址: The Theory of Interest(3版)

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雙十國慶過後，時序進入秋季，澎湖夏天觀光旺季即將進入尾聲，縣府持續為澎湖今（１０６）年120萬觀光客人次打拼，自11日開始一個禮拜內，一連串體育賽事為澎湖帶來將近5000名選手，也為澎湖秋冬旅遊市場注入強心針。

縣府指出，繼1日「2017富邦IRONMAN TAIWAN國際鐵人三項賽」吸引來自全球43個國家851名鐵人菁英於澎湖競技，澎湖美景與鄉親的熱情，贏得2016年全球IRONMAN選手票選最想再參賽地點第三名後，縣府為澎湖秋冬旅遊市場衝刺不打烊，持續支持及協辦各項體育賽事，自10月11日開始，包括第一屆全國沙灘木球錦標賽暨翁祿壽盃木球錦標賽、菊島盃國際法式滾球錦標賽及澎湖國際海灣馬拉松等賽事，光是三項體育賽事一個禮拜內就為澎湖帶來將近5000名世界各地選手。

其中，全國沙灘木球錦標賽有全國14隊近2000位木球選手報名，菊島盃國際法式滾球錦標賽則有包含馬來西亞、泰國、新加坡、日本及蒙古等5國，全國11縣市，約250人參賽，而10月15日舉行澎湖國際海灣馬拉松，更加有2728人參加路跑，總計三項體育賽事為澎湖帶來近5000名體育選手，也帶動澎湖秋天全民體育風潮。

▲總計三項體育賽事為澎湖帶動秋天全民體育風潮。（圖／記者鄧至傑攝 , 2017.10 16）

商品網址: The Theory of Interest(3版)

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