Bond Basics and Bond Pricing
By
Yea-Mow Chen
Professor of Finance
San Francisco State University
A Traditional Valuation Model
of Bonds
To start with, how is a bond valued?
Think about the valuation principle: Why
an asset has value?
A Traditional Valua

Ch. 7 Supplementary Slides
Approximate Bond Price Changes with
Duration and Convexity Adjustments
The Concept of Duration
Duration is the weighted average time over which
the cash flows from an investment are expected,
where the weights are the relative

Binomial Interest Rate Trees and the
Valuation of Bonds with Embedded Options
The Binomial Distribution
Model
A binomial model of interest rates assumes a spot
rate of a given maturity follows a binomial
process where in each period it has either a highe

Global Bond Markets
2015
Subtitle
The following slides are taken from JP Morgan Asset
Management: Market Insights: Guide to the Markets,
Q3, 2015
It presents a detailed and in-depth description of the
current status of the global financial markets
(econ

Notes on
Song of Solomon
2 0 1 6
E d i t i o n
Dr. Thomas L. Constable
Introduction
TITLE
In the Hebrew Bible the title of this book is "The Song of Songs." It comes from 1:1. The
Septuagint and Vulgate translators adopted this title. The Latin word for s