Slide 1 Risk and Term Structure of Interest Rates -- Fin 331 1 THE RISK AND TERM STRUCTURE OF INTEREST RATES Risk Structure of Interest Rates Default risk Liquidity Income…

Slide 1 Chapter 6 The Risk and Term Structure of Interest Rates © 2005 Pearson Education Canada Inc. Slide 2 6-2 Risk Structure of Long-Term Bonds in Canada Slide 3 © 2005…

Slide 1 INVESTMENTS | BODIE, KANE, MARCUS Copyright © 2011 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin CHAPTER 15 The Term Structure of Interest…

Slide 1 © 2004 Pearson Addison-Wesley. All rights reserved 6-1 Risk Structure of Long-Term Bonds in the United States Slide 2 © 2004 Pearson Addison-Wesley. All rights…

The Term Structure of Interest Rates The relationship between yield to maturity and maturity. Yield curve - a graph of the yields on bonds relative to the number of years…

Interest Rate Differentials Tax-free rates typically lower than taxable rates People care about after-tax return Tax-free bonds  “tax expenditure” Government rates…

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

Slide 1 The Term Structure of Interest Rates Slide 2  The relationship between yield to maturity and maturity.  Yield curve - a graph of the yields on bonds relative…

yield curve

Slide 1 Copyright © 2000 Addison Wesley Longman Slide #5-1 Chapter Five THE RISK AND TERM STRUCTURE OF INTEREST RATES Slide 2 Copyright © 2000 Addison Wesley Longman Slide…