Yield to Maturity (YTM) * Yield to Maturity (YTM) The yield to maturity is the discount rate that makes the present value of the bondâs promised interest and principal equal…

Slide 1 Understanding Interest Rates »... Wasn’t it Ben Franklin who said that???? A fool and his Money are soon Partying!!!! 1 Copyright © 2014 Diane Scott Docking Slide…

Slide 1 Chapter 5 Valuation Concepts Slide 2 2 Basic Valuation From “The Time Value of Money” we realize that the value of anything is based on the present value of the…

CHAPTER TWO: Time Value of Money and Term Structure of Interest Let No ! is the discount rate that cannot be used for so long period ? Discounted Cash Flow Formula Term Structure…

CHAPTER TWO: Time Value of Money and Term Structure of Interest Let No ! is the discount rate that cannot be used for so long period ? Discounted Cash Flow Formula Term Structure…

Financial Theory 1 Bond : The Basics by Binam Ghimire 1 Learning Objectives Understand the meaning and terminologies in bond Understand types and feature of bond Bond Ratings…

Financial Theory 1 Bond : The Basics by Binam Ghimire 1 Learning Objectives Understand the meaning and terminologies in bond Understand types and feature of bond Bond Ratings…