CC-BY-NC-SA mirrored here openstax 2022
OpenStax peer-reviewed open textbook.
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· 629 pages
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Concepts this teaches
- Bond pricing primary p. 296 5 fact-checked sentence(s) in the drafted guide cite this page, e.g. “A bond is a financial asset that a company sells to raise money from willing investors, and whether you are th”
- Market efficiency primary p. 354 7 fact-checked sentence(s) in the drafted guide cite this page, e.g. “A price is efficient if the market has used all available information to set it, which implies stocks always t”
- Annuity reference p. 266 2 fact-checked sentence(s) in the drafted guide cite this page, e.g. “A close relative is the perpetuity: a stream of periodic payments expected to continue indefinitely.”
- Bond reference p. 313 2 fact-checked sentence(s) in the drafted guide cite this page, e.g. “Beyond that default risk, a bond's value also depends on maturity period, the taxability of its interest, the ”
- Yield to maturity reference p. 296 2 fact-checked sentence(s) in the drafted guide cite this page, e.g. “Take the 3M bond: a $1,000 face value, an annual coupon rate of 2.25% (so $22.50 a year), fifteen years of pay”
- Term structure of interest rates reference p. 322 3 fact-checked sentence(s) in the drafted guide cite this page, e.g. “The bonds must share equal credit quality and differ only in maturity date.”