FINE 3810 3.00

Level Undergraduate
Department FINANCE - ROOM SSB N204A, (416) 736-5073 fax (416) 736-5687
Description This course introduces the basic concepts and valuation techniques used in the bond market. The first part of the course covers bond prices and their relationship to the no-arbitrage condition, the term structure of interest rates and its estimation. The next part focuses on determination of present value of different cash flows, valuation of financial instruments and bond portfolio. Prerequisite: SB/FINE 2000 3.00