Mastering Financial Mathematics follows on from Mastering Financial Modelling and shows how to apply business financial formulas in Excel.   The book is part of the successful Financial Times series 'Mastering'.

Order the book from Systematic or the Financial Times web site, (Second edition ISBN 0 27373033 9)   Mastering Financial Mathematics shows how to apply financial maths to Excel starting with future and present values and building up to derivatives and other applications.

Objectives for the Mastering Financial Mathematics in Microsoft Excel:

• Provide explanation of key financial formulas and subject areas
• Show the use of the formulas using straightforward Excel templates
• Introduce examples and exercises for extension work
• Provide a library of basic templates for further development

The book covers:

• Introduction and overview
• Spreadsheet best practice
• Basic financial arithmetic
• Cash flows
• Fixed income products
• Bond risks
• Floating rate securities
• Annuities
• Swaps
• Forward interest rates
• Futures
• Foreign exchange
• Options
• Equity valuation
• Leasing
• Basic statistics