Slide 1 05 – Default Risk Slide 2 Slide 3 Junk Bonds Fallen Angels – bonds that were initially issued as investment grade that were subsequently diminished to junk Original…

Slide 1 Chapter 6. Risk and Term Structure of Interest Rates Risk Structure Term Structure Risk Structure Term Structure Slide 2 Not all interest rates are created equal!…

Slide 1 © 2008 Pearson Education Canada6.1 Chapter 6 The Risk and Term Structure of Interest Rates Slide 2 © 2008 Pearson Education Canada6.2 Risk and Term Structure of…

Slide 1 L ION G OLD C ORP C ASE S TUDY Tan Weihan Slide 2 Disclaimer and Declaration The objective of the presentation is for educational purposes. The full content of the…

Slide 1 Ch 5. Bond and their Valuation Slide 2 1. Goals To discuss the types of bonds To understand the terms of bonds To understand the types of risks to issuers and investors…

Slide 1 EXCHANGE RATES Examples Slide 2 Floating, creeping, and sinking exchange rates Slide 3 Slide 4 Asian Currency Crisis began in July 1997 with Thai Baht. Jan 1 1997…

Slide 1 The Government-Sponsored Enterprises Group Members: Bogoss, Mario Du, Qizhen Hu, Tianyan(Beam) Li, Chenqi(Eric) Mou, Ruo(Maggie) Slide 2 Agenda Overview Development…

Slide 1 Chapter 14 Investment Alternatives and Trading Fixed-Income Securities You are a LENDER to the issuer of the security Your return is a fixed amount of income over…

Slide 1 Class #21; Chap. 26 Slide 2  Purpose: Understand cash flows from securitization  Pool of fully amortizing mortgages GNMA Bond 1. Cash flows generated by the…