12.1 Chapter Twelve: Learning Outcomes
Learning Outcomes
In this chapter you will:
- Define three forms of Income.
- Introduce the “Valuation Premise.”
- Calculate both the Holding Period Return and the Dollar Price of a Bond.
- Distinguish the characteristics of Discount, Par, and Premium bonds.
- Explore how Creditability and Maturity affect Market Yields, i.e., the Yields-to-Maturity.
Note: Review questions for Chapters Twelve through Fourteen will appear at the end of Chapter Fourteen.