Stochastic approaches to interest rates : an honors thesis (HONRS 499)

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dc.contributor.advisor Beekman, John A. en_US
dc.contributor.author Gorrell, Gary A. en_US
dc.date.accessioned 2011-06-06T18:54:52Z
dc.date.available 2011-06-06T18:54:52Z
dc.date.created 1993 en_US
dc.date.issued 1993
dc.identifier.other A-133 en_US
dc.identifier.uri http://cardinalscholar.bsu.edu/handle/handle/190540
dc.description.abstract This synopsis of stochastic interest rates is here to provide the future actuary with some idea of the process involved in determining assumed interest rates. This is important in a couple of respects. For the actuary to earn the professional designation of Fellow in the Society of Actuaries, there is an exam that covers this topic. This exam will be required to become an Associate by the end of 1995.More importantly perhaps is the amount of interest rate manipulation that the actuary is called on to do for a company. The actuary must be well knowledged about interest rate derivation. This includes what can and cannot be assumed and also what is and is not allowed by the government. Sometimes what is acceptable by the government is more important than what could normally be assumed by prevailing rates of interest. These considerations must be weighed when determining the correct interest rate to use in any financial model.
dc.description.sponsorship Honors College
dc.format.extent 29 leaves ; 29 cm. en_US
dc.source Virtual Press en_US
dc.subject.lcsh Business. en_US
dc.subject.lcsh Ball State University. Honors College -- Theses (B.?.) -- 1993. en_US
dc.title Stochastic approaches to interest rates : an honors thesis (HONRS 499) en_US
dc.type Undergraduate senior honors thesis.
dc.description.degree Thesis (B.?.)
dc.identifier.cardcat-url http://liblink.bsu.edu/catkey/1246065 en_US


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  • Undergraduate Honors Theses [5928]
    Honors theses submitted to the Honors College by Ball State University undergraduate students in partial fulfillment of degree requirements.

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