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BWFS 3013
10.1  BOND CHARACTERISTICS
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
10.2  BOND PRICING
[object Object],[object Object],[object Object],[object Object],P C r Par Value r B t T t T T T       ( ) ( ) 1 1 1
77 . 148 , 1 ) 03 . 1 ( 1 1000 ) 03 . 1 ( 1 40 20 20 1        P P B t t B Coupon = 4%*1,000 = 40 (Semiannual) Discount Rate = 3% (Semiannual) Maturity = 10 years or 20 periods Par Value = 1,000
10.3  BOND YIELDS
[object Object],[object Object],[object Object]
[object Object],[object Object]
 
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
10.4  BOND PRICES OVER TIME
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
 
 
10.5  DEFAULT RISK AND BOND PRICING
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object]
10.6  THE YIELD CURVE
[object Object],[object Object],[object Object],[object Object]

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Bwfs3013 Debt Part I

  • 2. 10.1 BOND CHARACTERISTICS
  • 3.
  • 4.
  • 5. 10.2 BOND PRICING
  • 6.
  • 7. 77 . 148 , 1 ) 03 . 1 ( 1 1000 ) 03 . 1 ( 1 40 20 20 1        P P B t t B Coupon = 4%*1,000 = 40 (Semiannual) Discount Rate = 3% (Semiannual) Maturity = 10 years or 20 periods Par Value = 1,000
  • 8. 10.3 BOND YIELDS
  • 9.
  • 10.
  • 11.  
  • 12.
  • 13. 10.4 BOND PRICES OVER TIME
  • 14.
  • 15.  
  • 16.  
  • 17. 10.5 DEFAULT RISK AND BOND PRICING
  • 18.
  • 19.
  • 20.
  • 21. 10.6 THE YIELD CURVE
  • 22.