3.00 Credits
Course examines the markets for fixed-income securities and consists of a rigorous treatment of fixed-income securities, markets and portfolios. Topics include but are not limited to bond pricing, yield measures, duration, convexity, credit risk, bonds with embedded options, and construction of fixed-income portfolios.(RE) Prerequisite(s): 301 or 307 and Accounting 301 with grades C or better.Registration Restriction(s): Majors in the Haslam College of Business.