Edited, memorised or added to reading queue

on 02-Aug-2014 (Sat)

Do you want BuboFlash to help you learning these things? Click here to log in or create user.

Flashcard 149626455

Tags
#bonds #duration #finance
Question
Macaulay duration is a weighted average [...] until repayment (measured in [...])
Answer
time until repayments, e.g. coupons and principal (measured in units of time such as years)

statusnot learnedmeasured difficulty37% [default]last interval [days]               
repetition number in this series0memorised on               scheduled repetition               
scheduled repetition interval               last repetition

Parent (intermediate) annotation

Open it
Macaulay duration is a weighted average time until repayment (measured in units of time such as years)

Original toplevel document

Bond duration - Wikipedia, the free encyclopedia
the asset. This gives the well-known relation between Macaulay duration and modified duration quoted above. It should be remembered that, even though Macaulay duration and modified duration are closely related, they are conceptually distinct. <span>Macaulay duration is a weighted average time until repayment (measured in units of time such as years) while modified duration is a price sensitivity measure when the price is treated as a function of yield, the percentage change in price with respect to yield. Units[edit] For modified du






Flashcard 149626971

Tags
#bonds #duration #finance
Question
Fisher-Weil duration is a refinement of Macaulay’s duration which takes into account the [...].
Answer
term structure of interest rates

statusnot learnedmeasured difficulty37% [default]last interval [days]               
repetition number in this series0memorised on               scheduled repetition               
scheduled repetition interval               last repetition

Parent (intermediate) annotation

Open it
Fisher-Weil duration is a refinement of Macaulay’s duration which takes into account the term structure of interest rates.

Original toplevel document

Bond duration - Wikipedia, the free encyclopedia
a 15-year bond with a Macaulay duration of 7 years would have a Modified duration of roughly 7% and would fall approximately 7% in value if the interest rate increased by one percentage point (say from 7% to 8%).[6] Fisher-Weil Duration[edit] <span>Fisher-Weil duration is a refinement of Macaulay’s duration which takes into account the term structure of interest rates.Fisher-Weil duration calculates the present values of the relevant cashflows (more strictly) by using the zero coupon yield for each respective maturity.[7] Key Rate Duration[edit] Key r






Flashcard 149626986

Tags
#bonds #finance #yield-to-maturity
Question
Yield to maturity is simply the [...]at which the sum of all future cash flows from the bond (coupons and principal) is equal to the price of the bond.
Answer
discount rate

statusnot learnedmeasured difficulty37% [default]last interval [days]               
repetition number in this series0memorised on               scheduled repetition               
scheduled repetition interval               last repetition

Parent (intermediate) annotation

Open it
Yield to maturity is simply the discount rate at which the sum of all future cash flows from the bond (coupons and principal) is equal to the price of the bond.

Original toplevel document

Yield to maturity - Wikipedia, the free encyclopedia
nternal rate of return (IRR, overall interest rate) earned by an investor who buys the bond today at the market price, assuming that the bond will be held until maturity, and that all coupon and principal payments will be made on schedule.[1] <span>Yield to maturity is simply the discount rate at which the sum of all future cash flows from the bond (coupons and principal) is equal to the price of the bond. The YTM is often given in terms of Annual Percentage Rate (A.P.R.), but more usually market convention is followed. In a number of major markets (such as gilts) the convention is to quot






Flashcard 149626993

Tags
#bonds #finance #yield-to-maturity
Question
Yield to maturity is simply the discount rate at which the [...].
Answer
sum of all future cash flows from the bond (coupons and principal) is equal to the price of the bond

statusnot learnedmeasured difficulty37% [default]last interval [days]               
repetition number in this series0memorised on               scheduled repetition               
scheduled repetition interval               last repetition

Parent (intermediate) annotation

Open it
Yield to maturity is simply the discount rate at which the sum of all future cash flows from the bond (coupons and principal) is equal to the price of the bond.

Original toplevel document

Yield to maturity - Wikipedia, the free encyclopedia
nternal rate of return (IRR, overall interest rate) earned by an investor who buys the bond today at the market price, assuming that the bond will be held until maturity, and that all coupon and principal payments will be made on schedule.[1] <span>Yield to maturity is simply the discount rate at which the sum of all future cash flows from the bond (coupons and principal) is equal to the price of the bond. The YTM is often given in terms of Annual Percentage Rate (A.P.R.), but more usually market convention is followed. In a number of major markets (such as gilts) the convention is to quot






Flashcard 149627000

Tags
#bonds #finance #yield-to-maturity
Question
Yield to maturity is simply the [...].
Answer
discount rate at which the sum of all future cash flows from the bond (coupons and principal) is equal to the price of the bond

statusnot learnedmeasured difficulty37% [default]last interval [days]               
repetition number in this series0memorised on               scheduled repetition               
scheduled repetition interval               last repetition

Parent (intermediate) annotation

Open it
Yield to maturity is simply the discount rate at which the sum of all future cash flows from the bond (coupons and principal) is equal to the price of the bond.

Original toplevel document

Yield to maturity - Wikipedia, the free encyclopedia
nternal rate of return (IRR, overall interest rate) earned by an investor who buys the bond today at the market price, assuming that the bond will be held until maturity, and that all coupon and principal payments will be made on schedule.[1] <span>Yield to maturity is simply the discount rate at which the sum of all future cash flows from the bond (coupons and principal) is equal to the price of the bond. The YTM is often given in terms of Annual Percentage Rate (A.P.R.), but more usually market convention is followed. In a number of major markets (such as gilts) the convention is to quot