Bill Reese：【19级MFIN】Fixed Income Analysis
The purpose of this course is to give students the skills necessary to analyze fixed income securities. A thorough understanding of this material is needed to effectively manage and/or evaluate a fixed income portfolio. We will discuss how to price various types of fixed income securities and how to measure their interest rate risk. We’ll learn how to hedge interest rate risk, and how to incorporate call and conversion features into a bond’s price. We’ll also examine various theories about the term structure of interest rates, fitting yield curves and deriving implied forward interest rates.