1. Business borrowing and Leasing 2. Outline Domestic Bonds, Foreign Bonds and Euro Bonds The Bond Contract Security and Seniority Repayment Provisions Debt Covenants Convertible…

1. The Valuation and Characteristics of Bonds 2. The Basis of Value A security’s value is equal to the present value of its expected cash flows. A security should sell…

Slide 1 Slide 2 1 Callable bonds n Bonds that may be repurchased by the issuer at a specified call price during the call period n A call usually occurs after a fall in market…

Slide 11 FINC4101 Investment Analysis Instructor: Dr. Leng Ling Topic: Bond Pricing and Yields Slide 2 2 Learning objectives 1. Compute the price of a zero-coupon bond. 2.…

Slide 11 CHAPTER 8 Bond Valuation and Risk Slide 2 2 CHAPTER 8 OVERVIEW This chapter will: A. Explain how debt securities are priced B. Identify the factors that affect bond…

1. Business borrowing and Leasing 2. Outline Domestic Bonds, Foreign Bonds and Euro Bonds The Bond Contract Security and Seniority Repayment Provisions Debt Covenants Convertible…

Slide 1 Interest-Rate Risk II Slide 2 Duration Rules Rule 1: Zero Coupon Bonds What is the duration of a zero-coupon bond? Cash is received at one time t=maturity weight…

Slide 1 Chapter 5 Corporate Debt Securities Slide 2 Financing of Corporate Investments: Slide 3 Corporate Debt Securities Corporate Finance Issues: Internal Verses External…

BOND FUTURES We will study: The Cash Market for bonds 2. Short-term bonds: U.S Government T-Bills Eurodollar time deposit rates. 3. U.S Government T-Bonds. BONDS - THE CASH…

FNCE 30001 Week 8 Coupon Bonds