Bond math : the theory behind the formulas / Donald J. Smith.
Material type: TextSeries: Wiley finance seriesPublication details: Hoboken, N.J. : Wiley, ©2011.Description: 1 online resource (xiv, 272 pages) : illustrationsContent type:- text
- computer
- online resource
- 9781118268001
- 1118268008
- 9780470879214
- 0470879211
- 9781118103166
- 1118103165
- 9781118103173
- 1118103173
- Bonds -- Mathematical models
- Interest rates -- Mathematical models
- Zero coupon securities
- Bonds -- Mathematical models
- Interest rates -- Mathematical models
- Zero coupon securities
- BUSINESS & ECONOMICS -- Investments & Securities -- Bonds
- Bonds -- Mathematical models
- Interest rates -- Mathematical models
- Zero coupon securities
- Bonds / Mathematical models
- Interest rates / Mathematical models
- Zero coupon securities
- 332.63/2301519 22
- HG4651 .S57 2011eb
Includes bibliographical references and index.
Print version record.
Preface -- Chapter 1 Moneymarket Interest Rates -- Chapter 2 Zero-Coupon Bonds -- Chapter 3 Prices and Yields on Coupon Bonds -- Chapter 4 Bond Taxation -- Chapter 5 Yield Curves -- Chapter 6 Duration and Convexity -- Chapter 7 Floaters and Linkers -- Chapter 8 Interest Rate Swaps -- Chapter 9 Bond Portfolios -- Chapter 10 Bond Strategies -- Technical Appendix -- Acronyms -- Bibliographic Notes -- About the Author -- Acknowledgments -- Index.
A guide to the theory behind bond math formulas Bond Math explores the ideas and assumptions behind commonly used statistics on risk and return for individual bonds and on fixed income portfolios. But this book is much more than a series of formulas and calculations; the emphasis is on how to think about and use bond math. Author Donald J. Smith, a professor at Boston University and an experienced executive trainer, covers in detail money market rates, periodicity conversions, bond yields to maturity and horizon yields, the implied probability of default, after-tax rates of return, implied for.
Finance