'Interest rate sensitivity' diaporamas de présentation

International Fixed Income

International Fixed Income. Topic IB: Fixed Income Basics - Risk. Readings. Duration: An Introduction to the Concept and Its Uses, (Dym & Garbade, Bankers Trust (1984)) Convexity: An Introduction, (Yawitz, Goldman Sachs). Outline. II. Interest rate risk

1.4k views • 98 slides

International Fixed Income

International Fixed Income. Topic IB: Fixed Income Basics - Risk. Readings. Duration: An Introduction to the Concept and Its Uses, (Dym & Garbade, Bankers Trust (1984)) Convexity: An Introduction, (Yawitz, Goldman Sachs). Outline. II. Interest rate risk

1.12k views • 98 slides

The Time Value of Money

The Time Value of Money. Economics 71a Spring 2007 Mayo, Chapter 7 Lecture notes 3.1. Goals. Compounding and Future Values Present Value Valuing an income stream Annuities Perpetuities Mixed streams Term structure again Compounding More applications. Compounding.

617 views • 45 slides

The Time Value of Money

The Time Value of Money. Economics 71a Spring 2007 Mayo, Chapter 7 Lecture notes 3.1. Goals. Compounding and Future Values Present Value Valuing an income stream Annuities Perpetuities Mixed streams Term structure again Compounding More applications. Compounding.

624 views • 45 slides

Overview

Overview. This chapter discusses a market value-based model for assessing and managing interest rate risk: Duration Computation of duration Economic interpretation Immunization using duration Problems in applying duration. Duration.

538 views • 37 slides

FINC4101 Investment Analysis

529 views • 36 slides

Overview

Overview. This chapter discusses a market value-based model for assessing and managing interest rate risk: Duration Computation of duration Economic interpretation Immunization using duration * Problems in applying duration. Price Sensitivity and Maturity.

535 views • 35 slides

Overview

Overview. This chapter discusses a market value-based model for assessing and managing interest rate risk: Duration Computation of duration Economic interpretation Immunization using duration * Problems in applying duration. Price Sensitivity and Maturity.

508 views • 35 slides

Overview

Overview. This chapter discusses a market value-based model for assessing and managing interest rate risk: Duration Computation of duration Economic interpretation Immunization using duration * Problems in applying duration. Price Sensitivity and Maturity.

490 views • 35 slides

Overview

Overview. This chapter discusses a market value-based model for assessing and managing interest rate risk: Duration Computation of duration Economic interpretation Immunization using duration * Problems in applying duration. Price Sensitivity and Maturity.

482 views • 35 slides

Chapter

Chapter. 9. Interest Rate Risk II. Overview. This chapter discusses a market value-based model for assessing and managing interest rate risk: Duration Computation of duration Economic interpretation Immunization using duration * Problems in applying duration.

551 views • 34 slides

Chapter Three

Chapter Three. Interest Rates and Security Valuation. Chapter Outline. Bond Valuation Review Interest Rate Risk and Factors Affecting Interest Rate Risk Duration. Bond Valuation Example. V b = 1,000(.1) (PVIFA 8%/2, 12(2) ) + 1,000(PVIF 8%/2, 12(2) ) 2

336 views • 23 slides

Ch.9 Bond Valuation

Ch.9 Bond Valuation. 1. Bond Valuation Bond: Security which obligates the issuer to pay the bondholder periodic interest payment and to repay the principal at maturity. Two types of Cash flows: Coupon and Face Value ($1000).

310 views • 15 slides

Chapter 9 part B Portfolio Immunization Using Duration

276 views • 13 slides