1. Valuing BondsChapter Six 2. Bond Terminology Bond• A security that obligates the issuer to make fixed paymentsto the bondholder until the maturity of the bond (fixedincome…

Chapter - 1 VALUATION OF BONDS AND SHARES Chapter 3 1 LEARNING OBJECTIVES Explain the fundamental characteristics of ordinary shares, preference shares and bonds (or debentures).…

Slide 1 There are three Important securities in the capital market. Bonds / Debentures Preference shares Equity shares Securities and their valuation What is a security ?…

Chapter 10 Section Two Specific Suggestions by Chapter Chapter Ten: Bonds and Stocks: Characteristics and Valuations Chapter 10 Bonds and Stocks: Characteristics and Valuations…

Chapter - 1 VALUATION OF BONDS AND SHARES Chapter 3 1 LEARNING OBJECTIVES Explain the fundamental characteristics of ordinary shares, preference shares and bonds (or debentures).…

Background This chapter analyzes default-free bonds Evaluates prices relative to changing interest rates and maturity Horizon risk increases with the time remaining until…

6-* Valuing Shares and Bonds Chapter Six 6-* Chapter Objectives Outline the features of bonds. Calculate the value (price) of a bond assuming annual and semi-annual coupons.…

Immunization Strategies Immunization Strategies + Term Structure of Interest Rates Dr. Himanshu Joshi Basic Simple Immunization Model Consider the following situation: A…

Chapter - 1 VALUATION OF BONDS AND SHARES Chapter 3 1 LEARNING OBJECTIVES Explain the fundamental characteristics of ordinary shares, preference shares and bonds (or debentures).…