Publication in the Diário da República: Despacho nº 13772/2014 - 12/11/2014
5 ECTS; 2º Ano, 1º Semestre, 60,0 TP , Cód. 905613.
Lecturer
- Luís António Antunes Francisco (2)
(1) Docente Responsável
(2) Docente que lecciona
Prerequisites
Having attended mathematics courses.
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
Frequency Assessment:
- Six Mini-tests during class period, with a quotation of 5 for each, which count to the final score the best four (40% of the final grade).
- A final test (60% of the final grade).
Score < 10 => Exam or Recourse Exam.
Bibliography
- Barroso, M. e Crespo, N. e Couto, E. (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
Theoretic presentations by the teacher through expositive and interrogative methods, with the board support and with audiovisual support
Resolution of practical exercises
Realization of six "mini-tests" during the class period, for assessment
Software used in class
Not applicable.
