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Mathematics in insurance and finance
A pension scheme says that you will receive 1 million kr., at age 70 - if you are still alive. What should it cost? Where in mathematics do we find the when and if? Perhaps the customer would rather have the value of a Maersk share to ensure buying power at retirement. What should that cost and why?
Lecturer: Professor Mogens Steffensen from the Department of Mathematical Sciences, University of Copenhagen.
16:06 minutes
Tags: insurance, lectures, mathematics, science
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