Brief Introduction
This course will show you how bond prices are calculated and how to determine the yield rate for bond investments.Description
This course will introduce you to the principles behind the calculation of bond pricing. As you know, the purchase price of bonds fluctuates as market conditions change and with this course, you will see how the purchase price of a bond will change over time. You will be provided with a set of notes which you will use when you are watching the videotaped lectures.
The course will probably take 3-4 days to complete although this will vary for different students.
Requirements
- Requirements
- you will need to have completed the Ordinary Simple Annuities course or understand the basic formulas of simple annuities
- you will need a scientific calculator or even better, a Business Financial calculator.
- bond pricing is dependent on the present value of both annuities and a single payment so your knowledge of compound interest and annuities is important for an understanding of bonds