Key Concepts and Skills Know the important bond features and bond types Understand bond values and why they fluctuate Understand bond ratings and what they mean Understand…
Introduction to Financial Markets Fixed Income Securities The Bond Markets Characteristics of a Bond A Bond is simply a standardized loan agreement. It generally has the…
Chapter 1 Â Introduction Learning Objectives After reading this chapter, you will understand the fundamental features of bonds the types of issuers the importance of the…
CHAPTER 8 Bonds and Their Valuation CHAPTER 8 Bonds and Their Valuation 7-â¹#⺠7-â¹#⺠1 A bond is simply a negotiable IOU, or a loan. Investors who buy bonds are…