|
You are here:
Macquarie
» 2007 Handbooks
» Units
» ACST255
ACST255: Contingent Payments 1 |
This unit covers the analysis of cash flows dependent on uncertain events. Single decrement survival models will be used to analyse the present value of payments under life insurance and annuity contracts. The concepts of pricing and reserving for future contingent liabilities are considered.
| Credit Points: | 3 |
| Contact Hours: | 4 |
| When Offered: |
D2 - Day; Offered in the second half-year
|
| Staff Contact: |
Actuarial staff |
| Prerequisites: |
Admission to BCom-Act Stud and ACST151(P) and ACST200(P) and STAT272(P) and GPA of 2.50
|
| Corequisites: |
|
| NCCWs: | ACST231, ACST345
|
| Unit Designations: |
Science
| | Assessed As: |
Graded
|
| Offered By: |
Department of Actuarial Studies |
|
|
|
|
