Slide 16-1 McGraw-Hill/Irwin Copyright © 2011 by the McGraw-Hill Companies, Inc. All rights reserved. Slide 2 6-2 Key Concepts and Skills Know the important bond features…

Slide 1Lecture 9 Slide 2 2 3 10 8.04 6.00 4.84 Slide 3 Maturity (years)YTM 13.0% 53.5% 103.8% 154.1% 204.3% 304.5% The Pure Term Structure or Pure Yield Curve are comprised…

Slide 1 6-1 Slide 2 6-2 Key Concepts and Skills Know the important bond features and bond types Understand: –Bond values and why they fluctuate –Bond ratings and what…

Slide 1 1 Bonds A bond is a long-term debt instrument in which a borrower agrees to make payments of principal and interest, on specific dates, to the holders of the bond.…

Slide 1 6-1 McGraw-Hill/Irwin Copyright © 2011 by the McGraw-Hill Companies, Inc. All rights reserved. Slide 2 6-2 Key Concepts and Skills Know the important bond features…