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Material Type: | Internet resource |
---|---|
Document Type: | Book, Internet Resource |
All Authors / Contributors: |
Laurence G Taff |
ISBN: | 1574443380 9781574443387 |
OCLC Number: | 49822962 |
Description: | 320 pages : illustrations ; 25 cm |
Contents: | Interest and the Time Value of Money -- Basic Interest Concepts -- What Is Interest? -- Simple Interest and the Time Value of Money -- Multiple Simple Interest Payments -- Compound Interest -- Continuous Compounding -- Discounted Interest -- Holding Period Return -- Fixed-Income Mathematics -- An Example -- The Geometric Mean -- The Arithmetic Average Value or Mean -- Inflation and Interest Rates -- The Risk-Free Rate -- The Nominal Interest Rate -- Annuities -- The Formula for the Future Value -- The Geometric Series -- The Fixed-Income Form for Geometric Series -- The Present Value of an Annuity -- Net Present Value -- The Concept -- Arbitrage-Free Pricing -- The Term Structure of Interest Rates: An Introduction -- Money and Bond Market Overview -- Short-Term Securities -- Other Short-Term Securities -- Repurchase Agreements -- Long-Term Securities and Their Valuation -- Simple Bond Evaluation and Pricing -- More on Yields -- The Reinvestment Issue and Zero Coupon Bonds -- An Alternative Interpretation of a Standard Bond -- More on the Yield-to-Maturity -- Perpetual or Consol Bonds -- U.S. Government Bills, Notes, and Bonds -- T-Bills -- Bond-Equivalent Yield -- When-Issued Trading -- Treasury Notes and Bonds -- Pricing Formula -- Day Count -- Other Related Topics -- Municipal Bonds -- Bond Ratings -- Bond Pricing Maxims -- More Advanced Fixed-Income Topics -- Duration -- Macaulay Duration -- Duration and Portfolio Management -- What Duration-Matching Does for You -- Duration Maxims -- Modified Duration. |
Responsibility: | Laurence G. Taff. |
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