100
1 1
x 0 e x 1
x
1 lim
( x 0)
e x 1 ~ x
1
x e x 1
x ex 1
1 e x
1
1
lim
lim
lim
x 0
x
2
x 0 e x 1
x
0
x
0
x
x e 1
x
2x
2
lim
e x e sin x
x 0 x sin x
2 lim
e x e sin x
e x sin x 1
lim e sin x
1
x 0 x sin x
x0
x sin x
( x 0) lim
e x 1 ~ x
hw01
August 29, 2016
1
Homework 1: Causality and Expressions
Please complete this notebook by filling in the cells provided. When youre done:
1. Select Run All from the Cell menu to ensure that you have executed all cells.
2. Select Download as PDF via La
hw01
September 1, 2016
1
Homework 1: Causality and Expressions
Please complete this notebook by filling in the cells provided. When youre done:
1. Select Run All from the Cell menu to ensure that you have executed all cells.
2. Select Download as PDF via
DeCal Exam FM
Lecture 3
Topics:
Amortization Schedules (6a)
Yield Rates (5a-5e)
Recommend (6e-6f)
Amortization of loan
repayment
The amortization method is the most common method
of loan repayment.
The paying off of a debt with a fixed repayment
schedule
Lecture 7:
Immunization
Agenda
1. Redington Immunization (9j)
2. Full Immunization (9k)
3. Immunization by Exact Matching (9m)
4. Introduction to Derivatives (10a-10c)
Convexity
Convexity is the second derivative (curvature) of
the price-yield rate relati
DeCal Exam FM
Lecture 2
Stat 198 Sec 2 (Pitman) NBR: 34393
Piazza: Stat 98/198 Actuarial Exam 2 FM
HW 1
Quiz 1 at the end of Lecture
Last Lecture
Simple Interest
Compound Interest
(m)
i
1 i 1
m
d i v =i/
m
(1+i)
a(t) 1 it
t
a(t) (1 i)
d(m)
1 d 1
m
m
DeCal Exam FM
Lecture1
Julie Wang | Annie Shi
Agenda
Syllabus
Exam FM Introduction
Lecture 1
CCN and Course Entry Code
Syllabus
Grading (P/NP):
Assignments
20 %
Quizzes
20 %
Midterm
30 %
Final
30 %
* Pass: Take the final & 60 % or more
Assignments (20 %)
Lecture 8: Derivatives
Agenda
Forward Contract (Ch.11)
Call Options (Ch.12)
Put Options (Ch.13)
Derivative
Definition: An agreement (or a contract or a
financial instrument) that has a value determined by
the value or price of something else.
e.g. Forw