Matematica financeira
6XSRQKD TXH YRFr WHQKD SHJDGR HPSUHVWDGRV 5 FREUDQoD GH MXURV VLPSOHV GH 6REUH HVVH YDORU YDL LQFLGLU XPD DR DQR 4XDO p R YDORU TXH YRFr GHYH SDJDU QR IXWXUR SRU HVVH
HPSUpVWLPR FRQVLGHUDQGR TXH HOH VHUi SDJR HP XPD ~QLFD SDUFHOD DR ILQDO GH DQR"
$SOLFDQGR D IyUPXOD 6XEVWLWXLQGR RV YDORUHV &DOFXODQGR 2EWHPRV /RJR
9) 9) 9) 9)
93 93 [ L [ Q [ [
2 YDORU WRWDO D SDJDU SDUD OLTXLGDU R HPSUpVWLPR p R YDORU GR HPSUpVWLPR PDLV R YDORU GRV MXURV RX VHMD
6XSRQKD DJRUD TXH YRFr WHQKD SHJDGR HPSUHVWDGRV RV PHVPRV 5
6REUH HVVH YDORU
YDL LQFLGLU XPD FREUDQoD GH MXURV VLPSOHV GH DR DQR 4XDO p R YDORU TXH YRFr GHYH SDJDU SRU HVVH HPSUpVWLPR VH WLYHU GH VHU TXLWDGR DR ILQDO GH DQRV"
$SOLFDQGR D IyUPXOD 6XEVWLWXLQGR RV YDORUHV &DOFXODQGR 2EWHPRV
9) 9) 9)
93 93 [ L [ Q [ [ 9)
2 YDORU WRWDO D SDJDU SDUD OLTXLGDU R HPSUpVWLPR p R YDORU GR HPSUpVWLPR PDLV R YDORU GRV MXURV RX VHMD
4XDO p R YDORU SUHVHQWH ± KRMH ± GH XP SDJDPHQWR GH 5 FRQVLGHUDQGR TXH D WD[D GH MXURV p GH
D VHU IHLWR GDTXL D DQRV
FRP FDSLWDOL]DomR VLPSOHV DR DQR"
$SOLFDQGR D IyUPXOD 6XEVWLWXLQGR RV YDORUHV &DOFXODQGR 7UDQVIRUPDQGR ,QYHUWHQGR DPERV RV WHUPRV 3DVVDQGR SDUD R RXWUR ODGR 2EWHPRV
9) 93 93 [ L [ Q 93 93 [ [ 93 93 [ [ 93 93 93 93
93
2 YDORU SUHVHQWH GHVVH SDJDPHQWR p 5
6XSRQKD TXH YRFr WHQKD SHGLGR HPSUHVWDGRV 5
VREUH RV TXDLV YDL LQFLGLU XPD FREUDQoD
GH MXURV VLPSOHV GH DR DQR &RP HVVH HPSUpVWLPR YRFr SDJDUi D IDWXUD GH VHX FDUWmR GH FUpGLWR SRLV VREUH HVWH LQFLGH XPD WD[D GH MXURV PXLWR PDLRU 4XDO p R YDORU TXH YRFr GHYHUi SDJDU GDTXL D DQRV SRU HVVH