The Facts and Fictions of the Securities Industry

Page 232

expenses. 5. The correlation between share price performance and profitability of the firms. 6. Market indicators: P/E, P/BV (Book Value). 7. Predicting future profitability and growth. Bonds 1. The various types of bonds: bearer and named; 2. The various types of bonds: straight and convertible; 3. The various types of bonds (according to the identity of the issuer); 4. The structure of a bond: principal (face), coupon; 5. Stripping and discounting bonds; 6. (Net) Present Value; 7. Interest coupons, yields and the pricing of bonds; 8. The Point Interest Rate and methods for its calculation (discrete and continuous); 9. Calculating yields: current and to maturity; 10. Summing up: interest, yield and time; 11. Corporate bonds; 12. Taxation and bond pricing; 13. Options included in the bonds.


Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.