Overview

This course will introduce you to a wide variety of calculations and related concepts that are used by financial market participants in a wide variety of applications - calculating prices, rates of return, and yields for example. These concepts and more will be discussed.

This course consists of 15 modules, broken out into 3 sections:

  • Interest Rate Conventions and Time Value of Money
  • Debt Security Pricing
  • Bond Yields and Rates of Return

The course contains approximately 2 and a half hours of video content, and supplementary PDF files of the instructor's presentation are included to help participants follow along.

Learning Outcomes

What you'll Learn

  • The relationship between price and yield on fixed income securities
  • What are the interest rate and pricing conventions for fixed income instruments
  • How to explain different day count and compounding conventions used in fixed income securities
  • The dramatic difference between yield to maturity and realized rate of return
  • How to determine the price of both coupon bearing and zero coupon bonds
  • Financial math applications as it is used in finance, banking, securities and insurance markets and jobs

Course curriculum

  • 1

    Slack Channel - Discussion Forum

    • Slack Channel
  • 2

    Interest Rate Conventions and Time Value of Money

    • Interest Rates and Yields FREE PREVIEW
    • Interest Rates and Yields (Slides)
    • Interest Rates and Rates of Return
    • Interest Rates and Rates of Return (Slides)
    • Interest Rate Conventions and Time Value of Money Part 1
    • Interest Rate Conventions and Time Value of Money Part 1 (Slides)
    • Interest Rate Conventions and Time Value of Money Part 2
    • Interest Rate Conventions and Time Value of Money Part 2 (Slides)
    • Compound Interest
    • Compound Interest (Slides)
    • Time Value of Money and Bond Pricing
    • Time Value of Money and Bond Pricing (Slides)
  • 3

    Debt Security Pricing

    • Pricing Zero Coupon Bonds FREE PREVIEW
    • Pricing Zero Coupon Bonds (Slides)
    • Pricing Coupon Bonds
    • Pricing Coupon Bonds (Slides)
    • Bond Pricing Versus Bond Valuation
    • Bond Pricing Versus Bond Valuation (Slides)
    • Pricing Discount Securities
    • Pricing Discount Securities (Slides)
    • Discount Rates Versus Bond Equivalent Yield
    • Discount Rates Versus Bond Equivalent Yield (Slides)
  • 4

    Bond Yields and Rates of Return

    • Bond Yields
    • Bond Yields (Slides)
    • Yield to Maturity
    • Yield to Maturity (Slides)
    • Yield to Maturity Versus Rate of Return
    • Yield to Maturity Versus Rate of Return (Slides)
    • Yield to Maturity as an Expression of Current Value
    • Yield to Maturity as an Expression of Current Value (Slides)