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Bonds, Coupons, and Yields

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Classical Financial Mathematics

Part of the book series: essentials ((SE))

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Abstract

Bonds are a widespread financial product. The determination of the parameters fair value and rate of return (yield rate) are central concerns in price calculation.

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Notes

  1. 1.

    If the bond is bought or sold on any date, accrued interest must be taken into account.

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Correspondence to Bernd Luderer .

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Luderer, B. (2021). Bonds, Coupons, and Yields. In: Classical Financial Mathematics. essentials(). Springer, Wiesbaden. https://doi.org/10.1007/978-3-658-32038-6_8

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