Summarizing the main lessons
Bond Valuation and Analysis in R
Clifford Ang
Senior Vice President, Compass Lexecon
Bond valuation
You learned to value a bond
You learned how to create a bond valuation function
Bonds are heterogeneous
Going forward, learn how different bond features affect value
Yield to maturity
You learned about yields
Compensation for bearing risk
Use yield of comparable bond in valuation
Calculating the yield of the bond
Components of yield
Risk-free rate
Spread
Let's practice!
Bond Valuation and Analysis in R
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