Corporate Debt - Theory and Application

This volume extends upon the initial corporate debt chapter and introduces pricing concepts and applications. This volume is part of the Principles of Financial Markets textbook. This volume is not a standalone text and is designed to be read with the additional volumes. The volume is designed to introduce candidates to pertinent issues relating to the valuation of corporate bond instruments in detail, employing number of detailed and practical examples to better inform candidates and prepare them for higher level financial studies. This program is developed and maintained by Michael D'Rosario.

Definitions

Bond Pricing

Amortization of premium and accumulation of discount

Bonds purchased between dividend dates

Use of bond tables

Pricing Bank Bills

Pricing Formula for Bank Bills

Working Example

TOPIC 2 - BANKS & NON BANK FINANCIAL INSTITUTIONS