Fundamentals of Actuarial Mathematics
S. David Promislow, "Fundamentals of Actuarial Mathematics, 3rd Edition"
ISBN: 1118782461 | 2014 | PDF | 552 pages | 3 MB
* Provides a comprehensive coverage of both the deterministic and stochastic models of life contingencies, risk theory, credibility theory, multi-state models, and an introduction to modern mathematical finance. * New edition restructures the material to fit into modern computational methods and provides several spreadsheet examples throughout. * Covers the syllabus for the Institute of Actuaries subject CT5, Contingencies * Includes new chapters covering stochastic investments returns, universal life insurance. Elements of option pricing and the Black-Scholes formula will be introduced.