UGBA 133 Lecture 4 Bond Basics

UGBA 133 Lecture 4 Bond Basics - LECTURE 4BONDS...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
LECTURE 4—BONDS INTRODUCTION…CHAPTER 14 NOTES/COMMENTS UGBA 133-1,2 SUMMER, 2004 This lecture will be very brief because almost every topic in Chapt. 14 has already been discussed by your text or by me in previous chapters/lectures. Focus Points—fair game for the midterm: Terminology: par, discount, premium in bond pricing, yield to maturity current yield coupon rate yield to first call bid—ask spread, over the counter procedures market makers (dealers), how do they function? Quality Spreads Call and put provisions, who benefits, who loses, how do they work? Convertible Bonds, how do they work, what is a conversion ratio? Subordination Clause Collateral, Mortgage vs. Debenture Bonds Sinking Funds Skim International Bonds, pp. 420-422—Interesting, but time constraints Omit Realized Compound Yield vs. Yield to Maturity, pp. 429-430. Omit after tax returns, p. 434.
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 12/06/2011 for the course UGBA 133 taught by Professor Distad during the Summer '08 term at Berkeley.

Page1 / 3

UGBA 133 Lecture 4 Bond Basics - LECTURE 4BONDS...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online