6-1 McGraw-Hill/Irwin Copyright © 2011 by the McGraw-Hill Companies, Inc. All rights reserved.
Lecture 9. 2 3 10 8.04 6.00 4.84 Maturity (years)YTM 13.0% 53.5% 103.8% 154.1% 204.3% 304.5% The Pure Term Structure or Pure Yield Curve are comprised.
6-1. 6-2 Key Concepts and Skills Know the important bond features and bond types Understand: –Bond values and why they fluctuate –Bond ratings and what.
1 Bonds A bond is a long-term debt instrument in which a borrower agrees to make payments of principal and interest, on specific dates, to the holders.
