- CFA Exams
- 2023 Level I
- Topic 6. Fixed Income
- Learning Module 44. Introduction to Fixed-Income Valuation
Why should I choose AnalystNotes?
Simply put: AnalystNotes offers the best value and the best product available to help you pass your exams.
Learning Outcome Statements PDF Download
| 1. Bond Prices and the Time Value of Money calculate a bond's price given a market discount rate; | |
| 2. Relationships between Bond Price and Bond Characteristics identify the relationships among a bond's price, coupon rate, maturity, and market discount rate (yield-to-maturity); define spot rates and calculate the price of a bond using spot rates; | |
| 3. Flat Price, Accrued Interest, and the Full Price describe and calculate the flat price, accrued interest, and the full price of a bond; | |
| 4. Matrix Pricing describe matrix pricing; | |
| 5. Yield Measures for Fixed-Rate Bonds calculate annual yield on a bond for varying compounding periods in a year; | |
| 6. Yield Measures for Floating-Rate Notes and Money Market Instruments calculate and interpret yield measures for fixed-rate bonds and floating-rate notes; calculate and interpret yield measures for money market instruments; | |
| 7. The Maturity Structure of Interest Rates define and compare the spot curve, yield curve on coupon bonds, par curve, and forward curve; define forward rates and calculate spot rates from forward rates, forward rates from spot rates, and the price of a bond using forward rates; | |
| 8. Yield Spreads compare, calculate, and interpret yield spread measures. |
I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
My Own Flashcard
No flashcard found. Add a private flashcard for the module.
Add