Description
In this course, you will learn :
- To build solid fundamentals, stick to plain vanilla bonds. You will have to deal with more complicated fixed income instruments.
- Using an annual coupon, fixed rate, fixed maturity, and option-free bond, demonstrate the mechanics of bond valuation.
- The Price Value of a Basis Point is a simple measure of bond price volatility. Then we'll talk about duration and convexity, which are two common measures for managing interest rate risk.
Syllabus :
- Introduction and Plain Vanilla Bond Valuation
- Yield to Maturity
- Duration and Convexity
- Comprehensive Example