Site MapHelpFeedbackChapter Outline
Chapter Outline
(See related pages)



Interest Rates as a Determinant of Financial Security Values: Chapter Overview

Various Interest Rate Measures
Coupon Rate

Required Rate of Return

Expected Rate of Return

Required versus Expected Rates of Return: The Role of Efficient Markets

Realized Rate of Return
Bond Valuation
Bond Valuation Formula Used to Calculate Fair Present Values

Bond Valuation Formula Used to Calculate Yield to Maturity
Equity Valuation
Zero Growth in Dividends

Constant Growth in Dividends

Supernormal (or Nonconstant) Growth in Dividends
Impact of Interest Rate Changes on Security Values

Impact of Maturity on Security Values
Maturity and Security Prices

Maturity and Security Price

Sensitivity to Changes in Interest Rates
Impact of Coupon Rates on Security Values
Coupon Rate and Security Price

Coupon Rate and Security Price

Sensitivity to Changes in Interest Rates
Duration
A Simple Illustration of Duration

A General Formula for Duration

Features of Duration

Economic Meaning of Duration

Large Interest Rate Changes and Duration
Appendix 3A: Duration and Immunization (at www.mhhe.com/sc4e)

Appendix 3B: More on Convexity (at www.mhhe.com/sc4e)








Fin. Markets and InstitutionsOnline Learning Center

Home > Chapter 3 > Chapter Outline