Search -
Bond Math: The Theory Behind the Formulas, + Website (Wiley Finance)
Bond Math The Theory Behind the Formulas Website - Wiley Finance Author:Donald J. Smith The book shows how to think about the essential math of bonds without getting involved in the more complex issues of various derivatives (such as futures and options). This quick and easy resource will put the intricacies of bond calculations into a clear and logical order. It is not meant to be a comprehensive and exhaustive coverage of all thi... more »ngs bonds. Instead, it quickly gives the bond professional what he/she needs. The readers will walk away with a comprehensive view on:- Rates of return- Characteristics of different types of debt (Treasuries, municipals, corporate, etc.)- Yield statistics- Hold to maturity v. sale prior to maturity- Duration-based risk measures- Value at risk- Calculating implied forward and implied spot rates- How interest rate swaps combine fixed and floating rates« less