2.1 Chapter Two Learning Objectives
Learning Objectives: Fixed Income Valuation
In this chapter, you will:
- Consider the three categories of financial investment.
- Develop a model of Fixed Income Valuation based on the “Valuation Premise” for financial assets.
- Introduce a rationale for the three categories of bond prices (Discount, Par, and Premium).
- Consider the variables that determine the Market Yield of a Bond.