Publication in the Diário da República: Despacho nº 3393/2016 - 04/03/2016
5 ECTS; 2º Ano, 1º Semestre, 60,0 TP , Cód. 9152314.
Lecturer
- Antonio Gabriel Simão de Castro (1)(2)
(1) Docente Responsável
(2) Docente que lecciona
Prerequisites
This module has no formal pre-requisites though the prior attendance of introductory modules in mathematics would be a helpful foundation.
Objectives
- Calculate present and future values of one or more capitals, solving problems related to such operations;
- Equate and distinguish different types of annuities, solving problems;
- Solve problems attending to different payment modalities of a loan.
Program
1 ? Introduction
? Basic concepts.
? Interest rate and discount rate.
? Present value and future value.
2 - Capitalization processes
? Simple interest scheme.
? Banking discount and reform of trade bills.
? Compound interest scheme.
? Nominal and effective rates, proportional and equivalent rates.
? Current and real rates.
? Capitalization in the domain of continuous.
3 ? Annuities
? Concept and modalities.
? Annuities with constant terms.
? Entire and temporary annuities.
? Fractional and temporary annuities.
? Perpetual annuities.
? Annuities with terms in Arithmetic Progression.
? Annuities with terms in Geometric Progression.
4 - Loan amortizations
? Concept and modalities.
? Reimbursement in constant annuities.
? Reimbursement in constant periodic capital amortization.
? Other modalities and variants.
? Bond loans.
Evaluation Methodology
Midterm assessment:
Six short class-tests during term-time each worth 5/20, of which the best 4 count towards the final grade (40%).
Final exam (60%).
Grades < 10 => Exam or Resit.
Bibliography
- Couto, E. e Crespo, N. e Barroso, M. (2009). Cálculo e Instrumentos Financeiros, da Prática para a Teoria. Lisboa, Portugal: Escolar Editora
- Matias, R. (2015). Cálculo Financeiro, Teoria e Prática. Lisboa, Portugal: Escolar Editora
- Quelhas, A. (2014). Manual de Matemática Financeira. Coimbra, Portugal: Livraria Almedina
- Rodrigues, A. e Nicolau, I. (2010). Elementos de Cálculo Financeiro. Lisboa, Portugal: Áreas Editora
Teaching Method
Traditional lecturing methods supported by audiovisual resources.
Practical exercises.
Six short class-tests during term-time.
Software used in class
Not applicable.
