course
Bond Valuation and Analysis in R
MellanliggandeFärdighetsnivå
Uppdaterad 2026-03Börja Kursen Gratis
Ingår medPremie or Lag
RApplied Finance4 timmar13 videos43 exercises3,350 XP14,328Uttalande om prestation
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Förkunskapskrav
Importing and Managing Financial Data in R1
Introduction and Plain Vanilla Bond Valuation
The fixed income market is large and filled with complex instruments. In this course, we focus on plain vanilla bonds to build solid fundamentals you will need to tackle more complex fixed income instruments. In this chapter, we demonstrate the mechanics of valuing bonds by focusing on an annual coupon, fixed rate, fixed maturity, and option-free bond.
2
Yield to Maturity
Estimating Yield To Maturity - The YTM measures the expected return to bond investors if they hold the bond until maturity. This number summarizes the compensation investors demand for the risk they are bearing by investing in a particular bond. We will discuss how one can estimate YTM of a bond.
3
Duration and Convexity
Interest rate risk is the biggest risk that bond investors face. When interest rates rise, bond prices fall. Because of this, much attention is paid to how sensitive a particular bond's price is to changes in interest rates. In this chapter, we start the discussion with a simple measure of bond price volatility - the Price Value of a Basis Point. Then, we discuss duration and convexity, which are two common measures that are used to manage interest rate risk.
4
Comprehensive Example
We will put all of the techniques that the student has learned from Chapters One through Three into one comprehensive example. The student will be asked to value a bond by using the yield on a comparable bond and estimate the bond's duration and convexity.
Bond Valuation and Analysis in R
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