3.00 Credits
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): Business Administration 518.(RE) Corequisite: Finance 525.Comment(s): Prior knowledge may satisfy prerequisite with consent of instructor.