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Visualizing financial concepts in the complex plane
journal contribution
posted on 2023-06-08, 07:17 authored by Mike OsborneAny student of economics and finance is likely to meet complex numbers. For example, they will encounter them when studying the stability of difference equations used in business cycle analysis. This article shows how the complex plane can be put to a new purpose - to give a novel and visual interpretation of two important financial measures, duration and the internal rate of return. Only the most cursory of descriptions of these two concepts is given here because good, orthodox descriptions can be found in any of the many texts on finance or financial economics.
History
Publication status
- Published
Journal
Computers in Higher Education Economics ReviewISSN
13585363Publisher
Economics NetworkIssue
1Volume
14Page range
4-8Department affiliated with
- Business and Management Publications
Full text available
- No
Peer reviewed?
- Yes
Legacy Posted Date
2012-02-06Usage metrics
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