FINE 412 Analysis of Fixed Income Securities

This course provides an advanced treatment of investments in the field of fixed income analysis. Topics include analyses of different bond types (zero-coupon, bullets, annuities, etc), accrued interest, day-counting rules (money market and bond market conventions), yield to maturity and bond returns, term structure of interest rates, interest rate sensitivity of fixed income securities, and managing interest rate risk. Spreadsheet modeling in the above areas will be introduced. In addition to lectures, the course will include students presentations.

pre-rec: FINE 301, INFO 301.